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[CNBC] Stocks fall after Trump team says tariffs will go into effect on Aug. 1: Live updates [Yahoo/Reuters] Stocks slip in Asia on US tariff confusion, oil skids [Yahoo/Bloomberg] Oil Steadies as Saudis Bet Market Can Absorb OPEC+ Output Hike [CNBC] Trump says countries aligning with BRICS policies will face additional 10% tariff [Yahoo/Bloomberg] Trump […]
[Yahoo/Bloomberg] US trade partners race for deals as Trump readies tariff notices [Yahoo/Bloomberg] Trump’s tariff date arrives after a 90-day rollercoaster [Axios] America has two labor markets now [Yahoo/Bloomberg] Dollar Doubters Seed Historic Gains for Developing World Debt [Bloomberg] The Securities That Banks Are Backing Away From: Credit Weekly [NYT] An Isolated Iran Looks to […]
President Trump’s policies and actions continue to produce results at odds with the predictions of many experts. Virtually every commentator, analyst, and prognosticator has an opinion on the subject, but all the angst, anger, agency, and adulation basically relate to this question: Are Trump’s policies the solution to America’s very substantial problems or are they […]
This week, HAI wishes a happy 4th of July to all readers and a very happy birthday to the land of the free and the home of the brave! While this year’s Independence Day revelry comes amid great challenges for the nation, always remember that serious times bring forth serious people, and serious people can […]
[Axios] Trump tariff letters going to a dozen countries Monday [CNBC] Trump says tariff letters to 12 countries signed, going out Monday [Yahoo/Bloomberg] OPEC+ will boost supply even faster with larger August hike [Yahoo/WSJ] Trump Amps Up Tariff Pressure, and EU Scrambles to Secure a Deal [NBC] Camp Mystic, a century-old girls Christian summer camp […]
Rarely, if ever, had a period so beckoned for market discipline. It took a fateful pass. I found myself this week pondering a fundamental Bubble Maxim: Bubbles must be quashed in their infancy, before becoming deeply entrenched by powerful self-sustaining dynamics and broad-based (universal?) policymaker, financial industry, business community, and public support. I was reminded […]
[Yahoo/Bloomberg] US Stock Futures Drop on Latest Trump Tariff Salvo: Markets Wrap [Yahoo/Reuters] Stocks and dollar dip as Trump’s spending bill passes, trade deal deadline nears [Yahoo/Bloomberg] Trump Plans to Start Notifying Countries of US Tariffs Up to 70% [Yahoo/Bloomberg] Jane Street Curbed in India After $4.3 Billion Trading Gain [CNBC] Jane Street barred from […]
The past week saw significant volatility across precious metals. Gold experienced a sharp drop to $3,240 before rebounding by $120, ultimately ending the week with only a modest gain. Silver followed a similar trajectory, swinging 4% down and back up about half a percent for the week. The white metals—platinum and palladium—were the real standouts. […]
