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[Yahoo/Bloomberg] Trump’s Hurdles to Stimulus Climb After Abrupt Tactical Shift [Reuters] U.S. COVID-19 cases hit two-month high, 10 states report record increases [CNBC] Tight race between Joni Ernst and Theresa Greenfield in Iowa could determine balance of power in the Senate [CNBC] How Big Tech became such a big target on Capitol Hill [AP] Delta […]
Please join Doug Noland and David McAlvany Thursday, October 22nd, at 4:00PM Eastern/ 2:00pm Mountain time for the Tactical Short Q3 recap conference call, “Managing Short Exposure in Extreme Uncertainty.” Click here to register. The President is diagnosed with COVID-19, with rapidly worsening symptoms prompting a Friday evening Marine One flight to Walter Reed Medical […]
Here’s the news of the week – and how we see it here at McAlvany Wealth Management: Sorrows Come Not Single Spies, but in Battalions The World Bank projects that global growth will decline by 5.2 percent in 2020. Their base case scenario suggests that this will be the deepest recession since the Second World […]
[Yahoo/Bloomberg] U.S. Stocks Rise as Stimulus Talks Weighed: Markets Wrap [Reuters] Stocks surge as hopes grow for U.S. stimulus [Reuter] Dollar falls as likelihood of a Biden victory grows; yuan gains [Yahoo/Bloomberg] White House Open to Bigger Stimulus Bill as Mnuchin, Pelosi Talk [AP] COVID-19 relief pushes U.S. budget deficit to a record $3.1T [CNBC] […]
This week we look at the price movements of gold, silver, platinum, palladium, the US Dollar index and more. Gold remains in a consolidating channel as long-term silver still looks very bullish, with a brief decline that is being experienced now. Thanks for listening, if you enjoy be sure to subscribe to our YouTube channel […]
[Yahoo/Bloomberg] Stocks Advance on Stimulus Hopes; Dollar Weakens: Markets Wrap [Yahoo/Bloomberg] Oil Gains Above $40 With Hurricane Delta Threatening Gulf Output [Yahoo/Bloomberg] Trump Touts Progress in Stimulus Talks Days After Spiking Them [Reuters] U.S. weekly jobless claims inch lower, but remain stubbornly high [Yahoo/Bloomberg] Delta Aims for Louisiana Area Slammed by Laura: Hurricane Update [Reuters] […]
[Reuters] Stocks bounce after worst session for S&P 500, Dow in two weeks [Reuters] Oil prices slide as Trump cancels aid talks, U.S. crude stocks expand [CNBC] Trump reverses course on coronavirus relief talks, dangles new $1,200 stimulus checks [CNBC] Trump’s ‘illogical’ move to end stimulus talks baffles Wall Street and Washington [CNBC] Coronavirus live […]
Stephen Roach warns of a crash in the dollar by as much as 35%. “Money is no longer scarce,” will lead to money no longer having value. Scarcity and value go hand in hand & vice versa. Click Here For The Article Mentioned In The Program The McAlvany Weekly Commentary with David McAlvany and […]
