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IMF warns “normalization of rates may be more difficult than previously envisioned” “Not QE” is in high gear, $7.5 billion in one day Elizabeth Warren promises to tax wealth The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “The Fed Is In Some State Of Panic Over Something That Is Not Entirely Clear” […]
[Reuters] Shares rise amid Brexit tussle as focus shifts to earnings [Reuters] Chinese vice foreign minister says progress made in trade talks with U.S. [Reuters] Brexit in the balance as Johnson faces crunch votes [Reuters] Canada’s Trudeau clings to power, but loses some of his luster [Reuters] NY Fed accepts $35 billion in overnight repo […]
David: Hello everyone, thanks for jumping on the call today. Our special greetings to our account holders. It is our endeavor, our goal, through hard work and passion and motivation that we have to build long-term client relationships with you, and we are grateful for the relationships already established and those yet to be established. […]
[Reuter] Hopes for progress in trade war and Brexit buoy stocks [Reuters] Sterling hits 5-1/2-month high on hopes for Brexit deal [Reuters] British PM pushes for Brexit deal vote after being forced to seek delay [Reuters] U.S. Commerce chief: U.S.-China trade deal doesn’t need to be inked next month [Reuters] NY Fed accepts $58.15 bln […]
[Reuters] Wall Street Week Ahead: Tech haves and have-nots face third-quarter tests [Reuters] Brexit will happen on Oct. 31 despite PM’s unsigned delay request, UK says [Reuters] EU plays for time as Johnson spars with UK parliament on Brexit [Reuters] What happens next after UK PM Johnson writes Brexit delay letter? [Yahoo/Bloomberg] Goodbye Draghi as […]
[CNBC] UK lawmakers delay Brexit vote and force Boris Johnson to ask for deadline extension [BBC] MPs back Brexit deal delay [Reuters] Brexit day of reckoning: PM Johnson battles further delay [Reuters] China says will work with the U.S. to address each other’s core concerns [Reuters] China central bank says will continue to implement prudent […]
I’ve held the view that Chinese finance has been at the epicenter of international market unease. The U.S./China trade war was not the predominant global risk. However, it has had the potential to become a catalyst for Chinese financial instability. And there remains a high probability for an eruption of Chinese disorder to quickly reverberate […]
Here’s the news of the week – and how we see it here at McAlvany Wealth Management: WeWonder About WeWork Excessive monetary stimulus has created many kinds of economic disconnects, and I would encourage you to read Doug Noland’s Credit Bubble Bulletin for an in-depth look at credit bubble dynamics. One particular area we would […]
