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Here’s the news of the week – and how we see it here at McAlvany Wealth Management: Watching an Opportunity Form in Commodities The overall performance of commodities has been very interesting to watch in the context of the COVID-19 crisis, as well as over the last decade – particularly as we consider how it […]
[Reuters] Stocks slip as investors await Trump’s Hong Kong response [AP] US consumer spending sinks by record 13.6% in face of virus [Reuters] U.S. consumer spending tumbles in April [CNBC] Trump’s China press conference could mark the end of his cautious approach to Beijing [Reuters] China may buy less American farm products if U.S. issues […]
Gold sees continued strength as it continues its bullish push upwards towards the all time highs for the metal. Silver breaks firmly above its pennant and seems to be gathering momentum. We discuss whether platinum, or palladium will follow gold up. Thanks for listening, if you enjoy be sure to subscribe to our YouTube channel […]
[MarketWatch] Stocks edge higher after Dow retakes 25,000 even as jobless toll tops 40 million [Reuters] Europe cheers super-sized stimulus plan, U.S.-China tensions simmer [Yahoo/Bloomberg] China Arrests Yuan Tumble With Stronger-Than-Expected Fixing [Reuters] Oil falls as surprise U.S. stock build douses demand recovery hopes [CNBC] US first-quarter GDP falls 5.0%, vs 4.8% drop expected [USAT] […]
[Reuters] Wall Street higher on recovery optimism [Yahoo/Bloomberg] China’s Sliding Yuan Leaves Offshore Rate on Brink of Record Low [Reuters] Dollar gains and yuan hits nine-month low as U.S.-China tensions return [MarketWatch] Treasury yields rise on optimism about economic recovery, EU and Japan fiscal stimulus [CNBC] EU unveils plan to borrow 750 billion euros to […]
Hyman Minsky’s Financial Instability Hypothesis coming to you soon Gold hits record high levels in most currencies Group think & momentum – Forget accurate analysis to your own peril Minksy’s Instability Thesis: Click Here The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick Delaying Panic With Hypnosis (Ponzi Finance) May 27, 2020 Is […]
[Reuters] S&P 500 surges on recovery, vaccine hopes [Reuters] Europe’s travel sector soars, S&P 500 to break 3000 barrier [Reuters] Oil prices climb as faith in supply cuts grows [CNBC] Coronavirus live updates: Gottlieb sees U.S. hospitalizations ticking up; Merck joins the vaccine race [Yahoo/Bloomberg] The Bond Market Thinks It Knows What’s Coming Next From […]
[Yahoo/Bloomberg] Europe Stocks Climb With U.S. Futures; Dollar Flat: Markets Wrap [Reuters] Stocks gain as German survey fuels optimism; dollar firm [Reuters] China lowers yuan midpoint to weakest since 2008 global financial crisis [Reuters] Dollar holds advantage as Hong Kong tensions test risk-wary investors [Reuters] Oil falls as U.S.-China tensions take toll [CNBC] Coronavirus live […]
