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[Reuters] Global stocks pull back as acrimonious U.S. debate stokes caution [Reuters] Oil extends losses as rising virus cases spur demand worries [Reuters] Dollar holds line after Trump, Biden clash in first debate [Reuters] Chaotic U.S. election debate fuel investors’ fears of contested result [Reuters] U.S. private payrolls increase more than expected in September [CNBC] […]
Will vaccines be mandatory? As credit replaces money, should velocity be redefined? Covid 19: Health crisis or global economic crisis? The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick Will Covid Be The Excuse For A Cashless Society? September 30, 2020 “At the end of the day, if you think about the MMT […]
[CNBC] U.S. stocks little changed following Monday’s rally [CNBC] Shares lose ground as U.S. presidential debate looms [Reuters] U.S. goods trade deficit widens in August [CNBC] Coronavirus live updates: Death toll exceeds 1 million people worldwide [Reuters] Fed’s Mester says economic recovery is split into ‘tale of two cities’ [MarketWatch] IPO market is headed for […]
[Reuters] Banks, travel stocks lead Wall Street higher [Reuters] Stocks bounce as China industrial profits rise [Yahoo/Bloomberg] Oil Erases Losses With Dollar Falling But Uncertain Demand Looms [Yahoo/Bloomberg] JPMorgan Says Usual Hedges Aren’t Working as They Once Did [Yahoo/Bloomberg] After Deploying Almost $9 Trillion, Crisis Fighters Face New Dilemmas [Yahoo/Bloomberg] Emerging Markets on Edge as […]
[Reuters] Rise in virus cases adds to economic uncertainty ahead of U.S. election [CNBC] Fewer than 10% of Americans show signs of past coronavirus infection, study finds [Reuters] BoE’s Tenreyro says evidence on negative rates is ‘encouraging’ [CNN] China is doubling down on its territorial claims and that’s causing conflict across Asia [Reuters] Belarusian police […]
[Reuters] Wall Street Week Ahead: Trump-Biden debate could spark stock volatility [Reuters] Trump says U.S. election winner might not be known for months [Reuters] Rise in virus cases adds to economic uncertainty ahead of U.S. election [Reuters] Taiwan’s armed forces strain in undeclared war of attrition with China [WSJ] U.S. Sets Export Controls on China’s […]
The numbers are just monstrous. The Fed’s own data illuminate the historic Monetary Disorder that today runs wild. The Federal Reserve’s balance sheet. Treasuries. Debt and Equities Securities. The banking system. The Household balance sheet. Rest of World holdings. In short, finance has completely run amuck, with the data corroborating the super cycle “end game” […]
Here’s the news of the week – and how we see it here at McAlvany Wealth Management: Parsing the Correction The markets have entered a corrective phase as they look ahead. Uncertainty looms around the ability to move forward with a fiscal stimulus package, as well as election outcomes and vaccine news. Fed Chairman Jerome […]
