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President Trump’s policies and actions continue to produce results at odds with the predictions of many experts. Virtually every commentator, analyst, and prognosticator has an opinion on the subject, but all the angst, anger, agency, and adulation basically relate to this question: Are Trump’s policies the solution to America’s very substantial problems or are they […]
This week, HAI wishes a happy 4th of July to all readers and a very happy birthday to the land of the free and the home of the brave! While this year’s Independence Day revelry comes amid great challenges for the nation, always remember that serious times bring forth serious people, and serious people can […]
[Axios] Trump tariff letters going to a dozen countries Monday [CNBC] Trump says tariff letters to 12 countries signed, going out Monday [Yahoo/Bloomberg] OPEC+ will boost supply even faster with larger August hike [Yahoo/WSJ] Trump Amps Up Tariff Pressure, and EU Scrambles to Secure a Deal [NBC] Camp Mystic, a century-old girls Christian summer camp […]
Rarely, if ever, had a period so beckoned for market discipline. It took a fateful pass. I found myself this week pondering a fundamental Bubble Maxim: Bubbles must be quashed in their infancy, before becoming deeply entrenched by powerful self-sustaining dynamics and broad-based (universal?) policymaker, financial industry, business community, and public support. I was reminded […]
[Yahoo/Bloomberg] US Stock Futures Drop on Latest Trump Tariff Salvo: Markets Wrap [Yahoo/Reuters] Stocks and dollar dip as Trump’s spending bill passes, trade deal deadline nears [Yahoo/Bloomberg] Trump Plans to Start Notifying Countries of US Tariffs Up to 70% [Yahoo/Bloomberg] Jane Street Curbed in India After $4.3 Billion Trading Gain [CNBC] Jane Street barred from […]
The past week saw significant volatility across precious metals. Gold experienced a sharp drop to $3,240 before rebounding by $120, ultimately ending the week with only a modest gain. Silver followed a similar trajectory, swinging 4% down and back up about half a percent for the week. The white metals—platinum and palladium—were the real standouts. […]
[CNBC] Stocks pop after a better-than-expected June jobs report: Live updates [Yahoo/Bloomberg] Japanese Bond Yields Move Higher Despite Smooth 30-Year Sale [Yahoo/Bloomberg] Long Bonds the World Over Face Intense Trader Scrutiny Once More [Yahoo/Bloomberg] Oil Declines With Trade Deal Progress, OPEC+ Decision in Focus [Yahoo/Reuters] Traders pare bets on Fed rate cuts after jobs report […]
[CNBC] S&P 500 slips after unexpected decline in private payrolls data: Live updates [Yahoo/Bloomberg] Oil Extends Gain With US Stockpiles and OPEC+ Decision in Focus [AP] House Republicans race toward a final vote on Trump’s tax bill, daring critics to oppose [Yahoo/Reuters] US private payrolls unexpectedly decrease in June; layoffs remain low [Yahoo/Bloomberg] ‘Irrational Exuberance’ […]
