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[AP] China’s trade with US shrinks as tariff war worsens [Reuters] China’s August exports unexpectedly shrink as U.S. shipments slump [Reuters] Sticking to Brexit plan, UK’s Johnson will not seek a delay [Reuters] Hong Kong police fire tear gas as clashes erupt after thousands appeal to Trump [Bloomberg] ‘Super Mario’ Draghi Set to Ride Again: […]
[AP] White House adviser compares China trade talks to Cold War [Reuters] MPs prepare court action to enforce Brexit delay [Reuters] UK’s Labour to crack down on finance bonuses if it wins power: FT [Reuters] Hong Kong police fend off airport protest but tear gas fired again in Kowloon [Reuters] Iran further breaches nuclear deal, […]
After an extraordinary August, markets are showing no inclination for stability to begin September. Jumping 1.3% Thursday on news of an October restart of trade talks, the S&P500 gained 1.8% for the week. The S&P500 ended the week less than 2% from all-time highs. The Semiconductors surged 4.2%, increasing 2019 gains to almost 36%. The […]
Here’s the news of the week – and how we see it here at McAlvany Wealth Management: Energy Takes the Stage We are now post-earnings reports, and conference season is upon us. We are beginning to hear commentary from companies across industries within our hard assets universe. From this we are able to extract big […]
[Reuters] Stocks gains after weaker-than-expected jobs report [Reuters] Job growth sees another weak month in August as payrolls rise just 130,000 [Reuters] China cuts banks’ reserve ratios, frees up $126 billion for loans as economy slows [Reuters] No place like home: Chinese firms stung by trade war build up domestic brands [Reuters] Farm loan delinquencies […]
Gold climbed up into the mid $1500s this week as we look at what is next for the precious metals. Silver plays catch up pushing up to above $19 lowering the gold to silver ratio. We review the price movements of platinum, palladium, and the US Dollar index in relation to gold & silver. […]
[Reuters] Stocks higher on news of U.S.-China trade talks [Reuters] Treasuries – U.S. yields extend rise after ADP U.S. jobs data [Reuters] Oil prices rise after U.S. confirms trade talks with China to start [CNBC] China and US agree to meet in October for trade negotiations: Chinese Ministry of Commerce [CNBC] Private payroll growth way […]
[Reuters] Easing political worries lift shares, pound jumps [Reuters] U.S. trade deficit narrows slightly as exports rise [Reuters] Weekly mortgage refinances fall further, despite lower interest rates [Reuters] China service sector activity rises to three-month high-Caixin PMI [Reuters] British PM Johnson demands October 15 election after defeat over Brexit [Reuters] China will cut bank reserve […]
