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June 18 – Financial Times (Mohamed El-Erian): “In hiking rates and, more notably, reaffirming its forward policy guidance and setting out plans for the phased contraction of its balance sheet, the Federal Reserve signalled last week that it has become less data dependent and more emboldened to normalise monetary policy. Yet, judging from asset prices, […]
The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “On today’s program, thinking of Amazon, Netflix, etc., seems to represent a new business model that says, ‘Yeah, we lose money on every transaction but we make it up on volume.’ Is that sustainable, and when does actual profitability and personal relationship matter?” […]
[Bloomberg] Stocks Struggle as Oil Heads for Fifth Weekly Loss: Markets Wrap [CNBC] GOP leaders have a tough task ahead to win enough support for Obamacare replacement [Bloomberg] Senate Holdouts Seek Upper Hand in Perilous Health Bill Talks [CNBC/SCMP] China’s banking regulator orders loan checks on Wanda, Fosun, HNA, others [Bloomberg] As China Targets Serial […]
You need to own physical gold & silver in 2017! By diversifying your portfolio into tangible metals on a regular and consistent basis, you protect your wealth from governments and central banks. These governments, central banks, & bail-in policies are destroying the currency you have worked so hard for. Every day fiat currencies lose more […]
[Bloomberg] U.S. Stocks Mixed as Oil Stabilizes, Dollar Slips: Markets Wrap [Bloomberg] Yellen’s Future at Fed Resisted by Trump Aides Wanting New Blood [Reuters] Bond market flashing worry on economy, countering Fed view [Bloomberg] May Heads to Europe For Early Test of Brexit Strength [Bloomberg] Buffett Follows Goldman Model in Bailout for Home Capital [Reuters] China […]
About this week’s show: The new business model: “We lose money on every transaction but we make it up on VOLUME!” Infinite Debt and Sustainable Profit…Oxymoron? Leave “Debtism” and put yourself on your own Gold Standard The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “On today’s program, thinking of Amazon, Netflix, etc., seems […]
[Bloomberg] Stocks Decline as Crude Struggles; Pound Advances: Markets Wrap [Bloomberg] Oil Extends Drop Into Bear Market as Supply Remains Plentiful [Bloomberg] BOE’s Haldane Sees Case for Raising Interest Rates This Year [Reuters] After weeks of secrecy, U.S. Senate to unveil healthcare bill [CNBC] Mortgage applications hold steady as rates remain low [Bloomberg] ECB Sees […]
[Bloomberg] Oil, Copper Declines Weigh on Stocks; Pound Slumps: Markets Wrap [Bloomberg] Oil Drops to Seven-Month Low as Libya Adds to Persistent Surplus [Reuters] U.S. current account deficit widens to 2.5 percent of GDP [Reuters] Fed’s Rosengren: Low interest rates pose financial stability risks [Bloomberg] Carney Ends Silence With Brexit Warning to Rebuff Rate-Hike Call […]
