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[CNBC] S&P 500 slips after benchmark index rises for sixth straight day: Live updates [Yahoo/Bloomberg] Japan Bonds Plunge as Weak Auction Adds to Fear Over BOJ Retreat [Yahoo/Reuters] Japan’s super-long bond yields soar to records as market frets about demand [Yahoo/Bloomberg] Oil Swings as Iran Leader Throws Fresh Doubts Over Deal With US [AP] Trump […]
Uncertainty continues to dog global markets as Trump proceeds with remaking the world economy. It’s a high-stakes, high-risk deal, and the variables affecting it are legion. Patience with and expectations of Trump’s efforts varies among the McAlvany analysts, as it does elsewhere—with this possible difference: the analysts whose work is summarized below are careful and […]
[CNBC] Stocks slide after U.S. debt downgrade highlights deficit risk: Live updates [Reuters] Treasury yields rise; stocks, dollar retreat after US downgrade [Yahoo/Bloomberg] Gold Gains as Dollar Slides Following Moody’s US Downgrade [AP] Asian shares slide and US futures and dollar drop after Wall Street’s winning week [The Hill] Republicans advance Trump’s ‘big, beautiful bill’ […]
[Reuters] Wall St Week Ahead Retailers set to give tariff view as US stock market roars back [Reuters] Republicans split on US credit downgrade as party’s tax bill lingers [Reuters] Analysis-Moody’s downgrade intensifies investor worry about US fiscal path [AP] Trump warns Walmart: Don’t raise prices due to my tariffs but do eat the costs […]
A Golden Age for Gold This week, with efforts channeled towards prepping for a McAlvany Wealth Management webinar next Thursday, HAI will be just prices with only a few quick comments on this week’s market action. Obviously, the big news of the week was a flurry of deals struck (or deal progress announced) by the […]
[AP] Severe weather, including possible tornado, leaves at least 14 dead in Kentucky; 7 dead in Missouri [Yahoo/Bloomberg] US Loses Last Top Credit Rating With Downgrade From Moody’s [AP] US consumer sentiment slides to 3-year lows as trade war raises inflation anxiety [AP] Republicans forge their tax bill in Trump’s image, with ‘MAGA accounts’ and […]
Give Credit where Credit is due. Cooler heads prevailed. It was in both the U.S. and China’s interests to end what was effectively a trade embargo between the world’s two rival superpowers. Surely tough to swallow, President Trump, Secretary Bessent, and U.S. Trade Representative Jamieson Greer did what had to be done. May 13 – […]
[CNBC] Stocks rise as S&P 500 tries to extend rally to five days: Live updates [Yahoo/Bloomberg] Gold Declines as Traders Book Profits on US-China Trade Optimism [Yahoo/Bloomberg] Oil Swings as Traders Seek Next Clues on Iran Nuclear Deal [Reuters] US single-family housing starts, building permits fell in April [Yahoo/Bloomberg] Trump Says US Will Set Tariff […]
