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[CNBC] Dow futures jump 1,000 points as traders await details on U.S.-China trade deal: Live updates [Reuters] Stocks, dollar up on US-China trade hope, details lacking [Yahoo/Bloomberg] Oil Leads Commodity Rally After US-China Truce as Gold Retreats [AP] US and China take a step back from sky-high tariffs and agree to pause for 90 days […]
[AP] US and China begin 2nd day of tariff talks. No breakthroughs but Trump touts ‘great progress’ [Axios] Trump claims “total reset” with China as trade talks continue [Yahoo/Bloomberg] US Inflation Starting to Stir as Trump Tariff Threat Looms [Axios] Republicans’ partial tax plan estimated to cost $5 trillion [Reuters] Japan PM Ishiba reiterates call […]
[AP] Tariff talks begin between US and Chinese officials in Geneva as the world looks for signs of hope [AP] Tax the rich? Slash spending? Republicans wrestle with economic priorities in the Trump era [Reuters] Policy uncertainty fuels rise in U.S. government debt hedging [Axios] Trump’s fraying global ties put the dollar’s reserve status at […]
To Correct, or Not to Correct? While we await clarity on unfolding tariff trade war ramifications for the global economy and equity markets, let’s address the popular idea that gold must correct from its recent red-hot surge higher in price. In short, yes, using history as a guide, gold should technically retrace some of the […]
Sure got the old neck stuck out this time. Markets have rallied, financial conditions have loosened, and debt markets have reopened. I’m not dissuaded. The great Bubble is in trouble. It was 15 months from the June 2007 (subprime eruption) mortgage finance Bubble piercing to the cataclysmic 2008 crisis. Over that drawn out “process,” crisis […]
This week gold rose up slightly, while silver took a small dip. Palladium and platinum are neck and neck. Meanwhile, the dollar index made a slight recovery despite a quiet Fed announcement. Let’s take a look at where prices stand as of Wednesday, May 7: The price of gold is up about 2.5%, sitting at […]
[CNBC] Dow futures rise after Trump announces U.S.-UK trade deal: Live updates [AP] US and UK are expected to announce a trade deal that Trump says will cement their relationship [AP] US applications for jobless benefits fall last week despite elevated uncertainty over Trump tariffs [Yahoo/WSJ] Why the Fed Isn’t Ready to Join Other Central […]
[CNBC] Stocks rise on news of upcoming U.S.-China trade talks: Live updates [Yahoo/Bloomberg] Oil Extends Gain With US and Chinese Officials Set to Talk Trade [Yahoo/Bloomberg] Pakistan Stocks Drop, Indian Assets Steady After Military Strike [Yahoo/Reuters] China Keeps Adding Gold to Reserves as Challenges Stack Up [AP] Federal Reserve faces tough balancing act between fighting […]
