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[Reuters] Wall Street Weekahead: Corporate debt frenzy rolls on as worries loom over markets [Reuters] Amid mourning for Ginsburg, fierce battle over U.S. Supreme Court looms [AP] AP Explains: What happens with the Supreme Court vacancy? [CNBC] The pandemic is driving millions of America’s ‘working poor’ to the edge [AP] China announces regulations for ‘unreliable […]
September 17 – Wall Street Journal (Greg Ip): “Can words take the place of actions? The Federal Reserve hopes so. On Wednesday it issued a policy statement promising to get inflation above 2%. In their accompanying projections, officials indicated that would mean keeping interest rates near zero at least until 2024 and until unemployment falls […]
Here’s the news of the week – and how we see it here at McAlvany Wealth Management: Trump, Biden, and Markets There is always risk around election season, but perhaps never as great as the risks in front of the 2020 Presidential election. The markets seem now to have turned a bit of attention from […]
[CNBC] U.S. stocks are mixed after Dow snaps a 4-day winning streak [Reuters] Global stocks weighed down by virus angst, lack of stimulus [Reuters] Oil prices fall after Haftar signals Libya output to resume [Reuters] What are the Fed’s new hurdles for rate hikes? Only the Fed knows [Reuters] Trump to block U.S. downloads of […]
The final FOMC meeting prior to the November 2020 election happened this week as the Fed indicated near zero interest rates until 2023 with additional monthly QE spending. We cover the price movements of gold, silver, platinum, palladium, the US Dollar index, and equities markets. Thanks for listening, if you enjoy be sure to subscribe […]
[Reuters] Stocks buckle, dollar stirs as divided Fed disappoints [Yahoo/Bloomberg] Stocks Fall, Bonds Gain as Recovery Risk Lingers: Markets Wrap [Reuters] Oil steady as demand worries revive, crews return to U.S. Gulf rigs [Reuters] U.S. weekly jobless claims stuck at higher levels [Reuters] Fed defends ‘pedal to the metal’ policy and is not fearful of […]
[Reuters] Wall Street higher as focus turns to Fed meet [Reuters] Shares rally, dollar falls ahead of Fed meeting [Reuters] Dollar falls as markets increase bets on more Fed easing [Reuters] China lifts yuan midpoint the most in 5 months to strongest since May 2019 [Reuters] Fed expected to raise economic forecasts, extend vow to […]
Tesla profits? – They lose on car sales but gain from carbon credits S&P 500 – Six stocks only account for 100% of the gains, the rest lose $20 gold piece goes from $20 to $2000 since the Fed started in 1913 The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick Zombification & […]
