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[Bloomberg] U.S. Tech Stocks Jump; Dollar Gains, Bonds Decline: Markets Wrap [Reuters] Tight U.S. labor market should push inflation higher: Fed’s Dudley [CNBC/NYT] Whole Foods Deal Shows Amazon’s Prodigious Tolerance for Risk [Bloomberg] Brexit Talks Kick Off in Brussels as May Urged to Soften Stance [Bloomberg] Hong Kong Will Continue With Currency Peg, HKMA’s Chan […]
[Reuters] Macron wins strong parliamentary majority, estimates show [Bloomberg] Macron sets sights on huge parliamentary majority, voter turnout low [Reuters] Minsheng chairman says loans to China’s Anbang total only $100 mln -Caixin [Bloomberg] Iran’s Revolutionary Guard Strikes Syria for Tehran Attacks [FT] Politicians and investors adapt to the age of radical uncertainty [FT] Record level […]
[Bloomberg] May Is Living Brexit Nightmare She Warned Of [Spiegel] Brexit Talks Set to Begin amid Chaos in London [CNBC] Negative-yielding government debt ‘supernova’ jumps to $9.5 trillion [FT] A deal too far for China’s Anbang
Bloomberg Radio/Television’s Tom Keene, Wednesday June 14, 2017: “Professor, what is the question you want to ask chair Yellen at the press conference here in six minutes?” Narayana Kocherlakota, former president of the Minneapolis Fed: “I think the question to ask is ‘Why are you continuing to hike rates in such a low inflation environment?’. […]
The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “Will the free market ever exist again? Will reality ever return again? The answer, on today’s program, is a resounding yes. And how to prepare for the dissolving of this current matrix is the key to the discussion.” – Kevin Orrick “We […]
[Bloomberg] Shares End Week Stronger as Havens Yen, Bonds Fade: Markets Wrap [Bloomberg] Drop in U.S. Housing Starts Shows Industry May Weigh on Growth [Reuters] BOJ upgrades view on consumption, rules out early exit from stimulus [Bloomberg] BOJ Maintains Huge Stimulus as Pressure Rises to Talk About Exit [CNBC] IMF won’t fund Greek bailout until […]
The FED Raised Interest Rates yesterday 25 basis points, we will recap how the Fed Rate Hike impacted the price of Gold & Silver, The US Dollar Index, The Dow Jones Industrial, S&P 500, & Nasdaq 100. We’ll also look at the prices of Platinum and Palladium as the white metals are offering a massive […]
[Bloomberg] U.S. Stocks Slide on Tech, Dollar Gains After Fed: Markets Wrap [Reuters] Oil hits six-week low as OPEC fails to curb oversupply [Bloomberg] BOE Policy Split Deepens as Three Officials Seek Rate Hike [Reuters] China stands pat on rates after Fed lifts benchmark [Reuters] Merkel ally renews German push for ECB to wind down […]
