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The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick Kevin: David, our guest today wrote a book ten years ago that was just amazingly prophetic called A Demon of Our Own Design. Richard Bookstaber, of course, is who I’m talking about. This is a man who understood the inner workings of the way Wall […]
[Bloomberg] Dollar Rises, Treasuries Slide on Strong Jobs Data: Markets Wrap [Bloomberg] Payroll Gain of 209,000, Wage Pickup Show U.S. Labor Strength [Bloomberg] The Jobs Numbers: Who’s Hiring in America—and Who’s Not [Reuters] U.S. trade deficit narrows as exports hit 2-1/2-year high [Reuters] U.S. businesses fear Trump mishandling of China IP, trade probe [Bloomberg] Corporate […]
The Dollar is in trouble as its decline continues to accelerate. Gold & Silver move upward, as the Platinum To Palladium Ratio shifts. Crude Oil continues to increase as does Copper and other commodities. The DOW breaks 22,000 but the Transports decline. Thanks for listening to this week’s Golden Rule Radio, we look forward to […]
[Bloomberg] U.S. Stocks Mixed Near Records, Pound Drops on BOE: Markets Wrap [Bloomberg] Decline in Jobless Claims Shows U.S. Labor Demand Remains Robust [Bloomberg] Carney Says Brexit to Take Toll on Growth as BOE Cuts Forecasts [Bloomberg] Euro-Area Optimism at 12-Year High as Economy Recovers [Reuters] In rare bipartisan display, Democrats back Trump on China […]
About this week’s show: The economic system is always changing faster than the “controllers” can learn Fed policy and manipulations today are “so yesterday”! Unlike flood insurance, Financial Insurance INCREASES the likelihood of crises About the guest: Richard Bookstaber is the author of A Demon Of Our Own Design, a book highlighting the fragility of the […]
[Bloomberg] Dow Tops 22,000 as Apple Rallies; Euro Strengthens: Markets Wrap [Reuters] U.S. private sector adds 178,000 jobs in July: ADP [CNBC/NYT] Trump administration is said to prepare broad trade case against China [Bloomberg] Some Republicans Are Frustrated With Lack of Detail in GOP Tax Plan [Bloomberg] How China’s Risk Crackdown Will Hit Manhattan’s Property […]
[Bloomberg] Stocks Gain as Earnings, Data Boost Confidence: Markets Wrap [Bloomberg] Americans’ Spending Barely Grew in June as Incomes Stagnated [Bloomberg] U.S. Auto Market Slump Persists [Reuters] China factory activity accelerates in July on strong export orders: Caixin PMI [Bloomberg] Euro-Area Economy Steams Ahead as ECB Waits for Inflation [Bloomberg] China Forex Regulator Is Examining […]
[Bloomberg] Stocks Advance as Growth Optimism Boosts Metals: Markets Wrap [Bloomberg] Republicans Face Tough Choice: Repeal Obamacare or Cut Taxes [Bloomberg] Inflation Hits Low Bar Draghi Set as Stimulus Debate Gets Closer [Reuters] China central bank to ensure smooth, orderly deleveraging, assistant governor says [Bloomberg] China Factory PMI Suggests Economic Momentum Dialed Back in July […]
