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[BloombergQ] Stocks Slump, Treasuries Gain as Sell-Off Resumes: Markets Wrap [BloombergQ] China Stocks Slump as Huawei Shakes Sentiment, Drugmakers Plunge [CNBC] Oil prices slide 3% as OPEC is seen cutting output less than expected [Reuters] Treasuries-U.S. yields hold near 3-month lows after ADP U.S. jobs data [BloombergQ] ‘Shocking’ Huawei Arrest Threatens to Upend Trump-Xi Trade […]
[Reuters] World stocks sideswiped by Wall Street, U.S. yield curve double whammy [BloombergQ] Offshore China Stocks Retreat as Trade Doubts Return; Bonds Rise [Reuters] Oil prices skid with global stock markets; U.S. supply swells [CNBC] Trump says there will be a ‘REAL DEAL’ or no deal at all with China [BloombergQ] The Trump-Xi Truce Questions […]
Stocks still euphoric while bond markets seem worried In 2018: Of 70 different asset classes 90% are in the red Cash poor needing money tap their “house atm” for bills CLICK HERE TO LEARN MORE ABOUT THE TACTICAL SHORT PROGRAM & DOUG NOLAND The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick DOUG […]
[BloombergQ] Stocks Drop as Trade Hopes Fade; Curve Flattens: Markets Wrap [Reuters] China stock bounce short-lived as growth, trade worries resurface [Reuters] Dollar weakens as U.S. bond yields fall, trade truce supports riskier currencies [Reuters] U.S. Treasury yields extend decline, 2-yr/10-yr spread at new 11-year low [Reuters] As Trump touts trade war truce, China holds […]
[BloombergQ] Stocks Rally, Bonds Dip on Trade Truce; Oil Gains: Markets Wrap [Reuters] Shanghai shares rally, yuan firms after China, U.S. pause trade war [BloombergQ] Oil Surges on Saudi-Russia Agreement, Alberta Production Curb [CNBC] China’s descriptions of the Trump-Xi deal differ from the White House’s in a lot of ways [CNBC] It’s not over: The […]
[Reuters] U.S., China agree trade war ceasefire after Trump, Xi summit [CNBC] Trump hails trade deal with China as one of the largest ever made [CNBC] Fed Chair Powell survives a critical week, now faces even bigger tests ahead [Reuters] Trump likely to agree to two-week government funding extension [Reuters] Macron mulls state of emergency […]
[Reuters] Trump, China’s Xi poised for high-stakes summit over trade war [BloombergQ] G-20 Talks Drag Into Final Day With Risk of Laundry-List Deal [Reuters] Trump-Xi meeting puts stock market on edge [Reuters] Mexico leftist takes power torn between principles and pragmatism [BloombergQ] Venezuela Devalues Currency by More Than 40% at Auction
Upon the public release of Jerome Powell’s Wednesday speech came the Bloomberg headline: “Powell: No Preset Policy Path, Rates ‘Just Below’ Neutral Range.” When the Fed Chairman began his presentation to the New York Economic Club just minutes later, the Dow had already surged 460 points. From Powell’s prepared comments: “Interest rates are still low […]
