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[BloombergQ] Trade Hopes Sustain Risk-On Mood; ECB Sinks Bonds: Markets Wrap [Reuters] Euro boosted but bonds and stocks sag after hawkish ECB comments [Reuters] Italian CDS jump 22 bps as markets wobble on ECB rate hike debate [Reuters] Rising exports push U.S. trade deficit to seven-month low [CNBC] Weekly mortgage applications rise 4.1% as rates […]
Deutsche Was $119 a share in 2007, now only $11 Money for nothing – Italy monetizes (creates) 500 million out of nowhere Will democrats at the FED become election year political? The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “You have the nearness of recession which is closer by the day. You […]
[BloombergQ] Stocks Struggle to Keep Momentum; Crude Declines: Markets Wrap [Reuters] Italy’s bonds yields rise after new PM promises “radical change” [Reuters] Turkish bonds fall, lira weakens as central bank meeting nears [CNBC] US trade talks appear to be at ‘a low’ with China and allies [Reuters] Trump considering separate trade deals with Canada, Mexico: […]
[Reuters] Global shares shrug off trade tensions as U.S. data reassures [BloombergQ] Trade Tensions Intensify With Trump, Allies Set for Showdown [BloombergQ] It’s Trump Against the World in Any Trade War [Reuters] China says it regrets EU’s WTO action over patent rights [Reuters] Trump aide says Canada’s Trudeau overreacting to trade dispute [BloombergQ] PBOC’s Collateral […]
[Reuters] Talks end with China warning trade benefits at risk if U.S. imposes tariffs [Reuters] Moscovici ‘not optimistic’ trade row with U.S. will be resolved at G7 [Reuters] Italy’s euroskeptics and their currency ideas take center-stage [The Hill] When it comes to handling China, plenty of action but no clear plan [BloombergQ] As U.S. Confronts […]
[Reuters] US isolated at G7 meeting as tariffs prompt retaliation [BloombergQ] Japan’s Aso `Feels Sorry’ for Mnuchin Amid Outrage Over Tariffs [Reuters] U.S. commerce secretary to press China to buy as allies seethe over tariffs [BloombergQ] It’s 2007 Again for Commercial Mortgage Bonds, Moody’s Says [CNN] Europe is on the verge of a big new […]
As I see it, cracks are opening in the greatest Bubble of all time. Serious fissures have developed in EM, Europe and China. Meanwhile, the stimulus-driven U.S. economic boom runs unabated. Global fragilities place downward pressure on U.S. market yields, while faltering Bubbles elsewhere stoke (self-reinforcing) outperformance – and speculative excess – within the speculative […]
[Reuters] Global stocks rise, bond yields fall as political tensions ebb [BloombergQ] Treasuries Fall, Dollar Rises as Jobs Data Beats: Markets Wrap [Reuters] Borrowing costs drop for Italy and Spain as political concerns ease [BloombergQ] U.S. Payrolls Rise 223,000 as Jobless Rate Matches Historic Low [Reuters] Moment of truth arrives for EU after U.S. tariffs […]
