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Buffett just bought gold stock, why? How has Covid changed cities forever? Learning from past commodities cycles – they rhyme
[Yahoo/Bloomberg] U.S. Stocks Climb on Trade Optimism: Markets Wrap [Reuters] Asian stocks mostly higher as trade, virus treatment hopes lift mood [Reuters] As uncertainty threatens U.S. growth, Fed seeks more firepower [Reuters] China agrees with U.S. to push forward implementation of Phase 1 trade deal [CNBC] Coronavirus live updates: Fauci warns that rushing a vaccine […]
[Yahoo/Bloomberg] Stocks Rally on Vaccine Hopes; Dollar Weakens: Markets Wrap [Reuters] Global stocks thrive on coronavirus treatment hopes [Reuters] Dollar falls, riskier currencies gain, ahead of Republican convention [Reuters] Oil prices steady as ‘double trouble’ storms bear down on Gulf of Mexico [Reuters] Global companies raise most funds for the month of August in a […]
[Reuters] Trump says could ‘decouple’ and not do business with China [Reuters] California seeks help as wildfires threaten communities [Yahoo/Bloomberg] The Day California Went Dark Was a Crisis Years in the Making [Bloomberg] Bond Traders Clamoring for Answers Bet the Fed Isn’t Done Yet [Bloomberg] China Investors Brace for Record Defaults in Risky End to […]
[Reuters] California governor calls wildfires ‘deadly moment,’ urges residents to flee [Reuters] Wall Street Week Ahead: No elk or trout, but Fed’s virtual retreat may stoke market’s ‘animal spirits’ [WSJ] Covid-19 Is Dividing the American Worker [WSJ] Even With a Strong Crop This Year, U.S. Farmers Are Suffering [WSJ] U.S. Existing-Home Sales Rose Nearly 25% […]
The Nasdaq100 (NDX) jumped another 3.5% this week, increasing 2020 gains to 32.3%. Amazon gained 4.3% during the week, boosting y-t-d gains to 77.8% – and market capitalization to $1.626 TN. Apple surged 8.2% this week, increasing 2020 gains to 69.4%. Apple’s market capitalization ended the week at a world-beating $2.127 TN. Microsoft rose 2.0% […]
[Yahoo/Bloomberg] Stocks Lose Oomph; Bonds Gain With Dollar: Markets Wrap [Reuters] Waning European recovery saps stocks momentum, knocks euro [Reuters] Euro sinks as business rebound stutters in August [Yahoo/Bloomberg] Oil Extends Decline With Demand Headwinds Mounting [Yahoo/Bloomberg] Corporate America Is Choking on Debt and Imperiling the Recovery [CNBC] Struggling retailers rush to file for bankruptcy […]
Gold continues to move sideways in the mid $1900s as the US Dollar Index saw a brief bump up after the FED meeting this week as the FOMC reveals a move away from guidance in September. We’ll cover the price movements of gold, silver, platinum, palladium, and the equities sector. Thanks for listening, if you […]
