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[Yahoo Finance] The Fed’s preferred inflation gauge and tariff talk: What to know this week [Yahoo/Bloomberg] Sticky US Inflation and Tariffs Are Keeping the Fed Sidelined [Yahoo/Bloomberg] US chaos helps to pull China debt out of doldrums [BBC] Trump envoy dismisses Starmer plan for Ukraine [Reuters] Chinese premier warns of ‘rising instability’ at key business […]
The Detox Period While Jay Powell and the Federal Reserve met this week for their latest FOMC meeting, little has changed in HAI’s overall outlook. Financial assets (despite being short-term oversold) appear extremely vulnerable to further significant downside price action, while gold (albeit temporarily overbought) seems to be basking in the glow of strengthening fundamental […]
[CNBC] Trump says ‘there’ll be flexibility’ on reciprocal tariffs [Yahoo/Bloomberg] Fannie, Freddie Speculation Mounts on Bessent Remark On Sovereign Wealth Fund [Reuters] Donald Trump and John Roberts: A president, a chief justice and a judiciary under pressure [AP] 3 people killed in Russian attacks on Ukraine’s Zaporizhzhia despite limited truce [Reuters] Exclusive: Some European officials […]
Somehow, it staged a remarkable comeback. “Transitory” was spoken five times during the post-meeting press conference, twice by Chair Powell: “As I’ve mentioned, it can be the case that it’s appropriate sometimes to look through inflation if it’s going to go away quickly without action by us, if it’s transitory. And that can be the […]
[Yahoo/Bloomberg] Stocks Slip as Company Results Add to Tariff Gloom: Markets Wrap [Yahoo/Reuters] Gold set for third week of gains on global uncertainties, rate cut hopes [Yahoo/Reuters] Oil set for weekly gain on Iran sanctions, OPEC+ plan to rein in overproduction [Yahoo/Bloomberg] Lira Heads for Worst Weekly Drop Since 2023 Amid Turkey Tumult [Reuters] Morning […]
Gold surged 4% since last week, while silver has risen 1.6%, maintaining a gold-to-silver ratio near 90:1. Platinum and palladium also saw gains, up 1.7% and 1%, respectively. Meanwhile, the stock market remains under pressure, climbing back up in small increments, but all staying below their 200-day moving averages. Let’s take a look at where […]
[Yahoo/Bloomberg] US Stocks Drop as Fed’s Assurances Wear Off: Markets Wrap [Yahoo/Bloomberg] Oil Erases Gains as Traders Assess Fed Stance, Trump’s Rate Push [Yahoo/Bloomberg] Chinese Bonds Recover From Selloff as PBOC Steps Up Cash Support [Yahoo Finance] Trump says Fed would be ‘much better off’ lowering rates as tariffs start [AP] Applications for jobless benefits […]
[Yahoo/Bloomberg] Stocks Edge Higher as Traders Look to Fed: Markets Wrap [Yahoo/Reuters] Gold hovers near record high on safe-haven demand; Fed decision in focus [Yahoo/Bloomberg] Oil Drops for Second Day on Signs US Crude Stockpiles Expanded [Yahoo/Bloomberg] Yen Pares Losses After BOJ Holds Pat With Eye on Global Economy [CNBC] The Fed will update its […]
