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About this week’s show: Dow has 12 straight days “winning” tying the record CRASH year of 1987 S&P up 5.4% in 2017 & is getting All of the Attention 2017: Gold is up 9% – Silver is up 15% & “Who would even know?” The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “On […]
[CNBC] Dow breaks above 21,000 as stocks hit all-time highs after Trump’s speech [Bloomberg] Focus Turns to Fed as Dollar Gains, Bonds Drop: Markets Wrap [Reuters] U.S. consumer spending slows; inflation pushes higher [CNBC] Chance of a March interest rate hike almost doubled: CME [Reuters] German inflation hits 4-1/2 year high in February [Bloomberg] Euro-Area […]
[Bloomberg] Dollar Falls, Stocks Fluctuate Amid Economic Data: Markets Wrap [Bloomberg] U.S. Growth Pace Unrevised as Consumption, Investment Diverge [Bloomberg] Trump on Hook to Clarify Policies With Speech to Congress [Bloomberg] Traders Glued to These Trump Stock Trades Heading Into Address [CNBC] US home prices rise another 5.6% in December: S&P CoreLogic Case-Shiller [Bloomberg] […]
[Bloomberg] U.S. Stocks, Dollar Fluctuate Before Trump Speech: Markets Wrap [Reuters] Asia stocks erase losses but some investors await Trump talk [Bloomberg] Trillions of Dollars Are at Stake When Trump Speaks to Congress [Bloomberg] Orders for Durable Goods in U.S. Rebounded 1.8% in January [Bloomberg] The Bond Market Is Calling Yellen’s March Rate Hike Bluff […]
[Bloomberg] Greece must not be granted a “bail in” that would involve creditors taking a loss on their loans [Reuters] China securities regulator to focus on stability, reform [WSJ] Bond Market Is Flashing Warning Signal on Trump Reflation Trade [Reuters] Iran holds naval war games amid rising tensions with U.S.
[Reuters] Record-setting stock rally faces test in Trump speech [Reuters] China summons reformer to tackle banking woes [Reuters] France’s Hollande fires back at Trump over Paris comments [Reuters] Wary of Trump unpredictability, China ramps up naval abilities
The DJIA rose 11 straight sessions (“longest streak since the Reagan administration”) to end the week at a record 20,822. The S&P500 gained 0.7% this week (up 5.7% y-t-d), its fifth consecutive weekly gain. The Morgan Stanley High Tech Index’s 0.5% rise increased y-t-d gains to 11.5%. Already this year the Nasdaq Composite has gained […]
The McAlvany Weekly Commentary with David McAlvany and Kevin Orrick “We all hear about the two certainties in life – you know, death and taxes. There is actually a third certainty in life, and that is that the value of your currency, no matter what currency you hold, will continue to decline. If you know […]
