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[CNBC] Stocks jump 200 points as oil tumbles for a second day on Middle East ceasefire hope: Live updates [Yahoo Finance] Oil prices sink as Trump seeks to maintain fragile ceasefire between Israel, Iran [AP] Powell says Fed can wait to reduce interest rates as Trump demands cuts [CNBC] Powell emphasizes Fed’s obligation to prevent […]
[CNBC] Stocks gain as oil trades into the red despite U.S. bombing of Iran: Live updates [Yahoo/Bloomberg] Oil Spike Fades as Traders Await Iran’s Response to US Attack [Axios] Oil market’s ho-hum response to Iran strike seen as “remarkable” [Reuters] Exclusive: Iranian retaliation against U.S. forces could come soon, U.S. officials say [BBC] US asks […]
This week’s insights from the McAlvany Financial Group cover a world in flux, where metals markets, geopolitics, and financial uncertainties converge to shape investment strategies. On their weekly commentary, David and Kevin analyze Israel’s precision strikes on Iranian targets. Gold and silver emerge as safer havens, reflecting growing skepticism toward Treasuries amid geopolitical and economic […]
[Yahoo/Reuters] Oil to open higher as US strikes on Iran boost supply risk premium [Yahoo/Bloomberg] Trump’s Airstrikes on Iran Leave Oil Market Braced for Surge [Yahoo/Bloomberg] Gulf States Fear Escalation as US Iran Strikes Rattle Region [Axios] U.S. enters Israel’s war against Iran [Axios] Trump claims U.S. strikes “obliterated” Iran’s key nuclear facilities [BBC Live […]
[AP] Israel hits Iranian nuclear research facility and says it’s preparing for possibly long campaign [BBC Live] Iran FM warns US involvement in conflict would be ‘very dangerous’ as Israel targets commanders [Yahoo/Reuters] Trump says he may change his mind about firing Fed Chair Powell [Yahoo/Bloomberg] Waller Says Fed Could Cut Interest Rates as Soon […]
On Thursday this week, MWM had its first-quarter client call. The narrative below will be a highlight reel of this author’s comments, given their high level of relevancy. The dramatic ascent of the gold price since late 2015 is merely the logical manifestation of one very simple reality—something is very wrong with the smooth functioning […]
Chair Powell: “So, what we said was that uncertainty about the economic outlook has diminished but remains elevated. Many, many surveys say that… And that’s actually a line from the Teal book, which you can see in five years. Remember to check that.” Journalist: “Maybe the world will be over by then.” Powell: “No. But […]
Platinum was the big winner of the week, rising up 6% and flirting with a previous high reached in February. And it still has more room to go higher. Gold was flat on the week. But it still continues to shine, as geopolitical and economic uncertainty has more investors seeking safety. Even bond market authorities […]
