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[CNBC] Trump threatens to slap retaliatory tariff on European cars as trade war talk heats up [BBC] Trump steps up war of words on trade with threat to tax EU cars [Bloomberg] China Political Advisers Urge Response to U.S. Tariffs [Bloomberg] Draghi Confronts Limit of His Powers as Latvian Standoff Endures [Bloomberg] Italy Is Rolling […]
After posting an intra-week high of 25,800 on Tuesday, the DJIA then dropped 1,583 points (6.1%) at the week’s Friday morning low (24,217) – before closing the session at 24,538 (down 3.0% for the week). The VIX traded as low as 15.29 Tuesday. It then closed Wednesday at 19.85, jumped as high as 25.30 on […]
[Bloomberg] Stocks Roiled on `Trade War’ Talk; Bonds Advance: Markets Wrap [Bloomberg] Trump Says Trade Wars Are ‘Good, and Easy to Win’ [Bloomberg] Here’s How Trump Could Really Hurt China on Trade [Bloomberg] Trump’s Tariffs Throw a Wrench in the Global Trading System [CNBC] Trump’s tariffs may anger China and here’s how it may retaliate […]
The new Fed Chair Jerome Powell testified before the house financial services committee for the first time this week. Powell’s remarks hinted at the possibility of 4 rate hikes this year, moving faster than the December 2017 estimate. The idea of a more aggressive FED was enough to have the DOW closing down on Tuesday […]
[Bloomberg] Global Stocks Slide, Treasuries Rise Before Powell: Markets Wrap [Bloomberg] U.S. Real Disposable Incomes Up Most in Five Years on Tax Cuts [Bloomberg] Jobless Claims in U.S. Drop to Lowest in Almost Five Decades [Reuters] Trump says U.S. steel, aluminum sectors ‘decimated’ by unfair trade [Bloomberg] Winners and Losers From Trump’s Tariffs on Aluminum […]
[Bloomberg] Stocks Mixed as Fed Outlook Weighs; Dollar Steady: Markets Wrap [Bloomberg] U.S. Fourth-Quarter Growth Revised Down to 2.5% Annualized Pace [Bloomberg] Here’s What We Learned From Powell’s First Fed Chair Testimony [Bloomberg] Bond Market Déjà Vu? Here’s What Will Reveal If Rout Has Legs [Reuters] Costly dollar hedges tarnish U.S. bonds for overseas investors […]
Buffett reassures his investors that they can weather even an extended market closure Buffett’s 3 Secrets, 1) Reinvest Earnings 2) Compound Interest 3) Cash Liquidity Jim Grant looks forward: “Bonds Bad… Gold Good” The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “You have big surprises ahead, but it’s going to take more careful […]
[Bloomberg] U.S. Stocks Fluctuate, Treasuries Rise on Powell: Markets Wrap [Bloomberg] Powell Sees Gradual Rate Hikes Amid Strong U.S. Growth Outlook [CNBC] Fed Chairman Powell: Market volatility won’t stop more rate hikes [CNBC] Home prices surge 6.3% in December amid critical housing shortage [Bloomberg] Orders for U.S. Business Equipment Unexpectedly Fell in January [Bloomberg] R-Star […]
