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The big picture fills the screen this week as the content creators summarized below continue to analyze Trump’s policies and their immediate and (possible) eventual consequences. David McAlvany’s interviewee, George Friedman, looks at the longer term and sees a healthy cyclical reinvention of America. Doug Noland looks at the short term and sees chaos and […]
[Yahoo/Bloomberg] Gold Hits Record as Dollar Sags and Trade War Concerns Persist [CNBC] Dow futures tumble 400 points to start week as investors await any progress on Trump trade deals: Live updates [Yahoo/Bloomberg] US Stock Futures and Dollar Sink on Powell Threats: Markets Wrap [CNBC] 10-year Treasury yield rises as investors weigh Trump’s criticism of […]
[Reuters] Wall St Week Ahead Busy US earnings week confronts market grappling with tariff fallout [Yahoo/Bloomberg] Firing Powell Would Hurt the Dollar and US Economy, France Says [Yahoo/Reuters] Boeing jet returns to US from China, a victim of Trump’s tariff war [Reuters] Japan seeks ‘fairness’ in currency talks with US, Prime Minister Ishiba says [Reuters] […]
The “New” That Awaits For months, HAI has been increasingly confident that a break away from the post-1971 global financial/monetary system is the goal of Trump administration policy. The administration seems to believe that incentivizing a fundamental redirection of global capital flows can weaken the dollar, balance trade, and ultimately revitalize the U.S. manufacturing sector. […]
[Yahoo Finance] Can Trump fire Powell? The Supreme Court could make it easier. [Axios] Inside Trump’s tariff brain [Yahoo Finance] It was supposed to be the best spring homebuying season in years. Then came the tariffs. [Yahoo/Bloomberg] Carney Vows Deeper Deficits to Fund Infrastructure, Tax Cut [Yahoo/Bloomberg] China Accelerates Budget Spending to Counter Tariff Woes […]
Ten-year Treasury yields fell 16 bps this week, reversing about a third of last week’s spike. MBS yields dropped 19 bps after last week’s 56 bps surge. The U.S. Dollar Index declined 0.9%, adding to last week’s 2.8% drop. From the standpoint of primary markets suffering from a problematic waning of confidence, the week wasn’t […]
[Yahoo/Bloomberg] Asian Stocks Edge Higher in Thin Holiday Trading: Markets Wrap [AP] Strange sell-off in the dollar raises the specter of investors losing trust in the US under Trump [AP] Trump’s attacks on Powell threaten the Fed’s independence. Here’s why it matters [Reuters] Trump amps up feud with Fed over rates, accuses Powell of ‘playing […]
Gold sees a massive surge this week, climbing all the way up to $3,343. Silver also saw a 5% rise to $32.70, while platinum and palladium saw some modest gains. Alongside the US dollar’s weakened performance and high global demand for gold, the momentum behind gold continues to grow and the likelihood of higher prices […]
