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[Reuters] Wall St Week Ahead Big tech earnings, US jobs data highlight busy week for markets [Yahoo/Bloomberg] US economy was already sputtering before trade pain kicked in [Yahoo/Bloomberg] Private Credit’s Cracks Widened Before Turmoil [Reuters] IMF-World Bank meetings end with little tariff clarity, but economic foreboding [AP] Market turmoil has many afraid to check retirement […]
[Yahoo/Bloomberg] US officials adopt ‘organized’ framework to handle trade talks [Yahoo/Reuters] Former Fed governor Warsh blasts US central bank for leaving its lane [Yahoo/Reuters] House GOP Drafts Cuts to Federal Employee Pension System [AP] Iran and the US hold hours of expert talks in Oman over Tehran’s rapidly advancing nuclear program [Bloomberg] India Says Troops […]
Clarity In the Fog of War According to the latest UMich consumer sentiment data, fear is now very real among Americans. U.S. consumer sentiment has fallen to one of the lowest readings on record, and long-term inflation expectations have surged to the highest level since 1991. At the same time, year-ahead inflation expectations are the […]
After three decades, I remain as skeptical as ever. Unconstrained Credit is destabilizing. Market-based (as opposed to traditional bank) finance took hold during the nineties and never looked back. Between July 1990 and September 1992, the Greenspan Fed slashed rates 525 bps to an at the time unprecedented 3.0%. It was desperate times. The eighties […]
[CNBC] Stock futures slide after 3-day winning streak: Live updates [Yahoo/Reuters] Oil prices set for weekly loss on potential for more global supply [Yahoo/Bloomberg] Xi Seeks Detente With Europe as Trump Tariffs Alienate Bloc [Yahoo/Bloomberg] Trump ‘misjudged’ China on trade war, Chinese adviser says [Yahoo/Bloomberg] Trump Sees Trade Deals Coming in Three to Four Weeks […]
Gold reached a new all-time high, finally hitting $3,500 as predicted. Silver gained ground, recovering from recent losses, while other metals remained flat. Let’s take a look at where the prices of precious metals stand as of Wednesday, April 23: The price of gold is up around 2% as of this recording. Intraweek, gold rose […]
[Yahoo/Bloomberg] Stocks Fluctuate on Tariff Concern as Dollar Slips: Markets Wrap [Yahoo/Bloomberg] US Officials Mull Easing Tariffs Targeting the Auto Industry [AP] US filings for jobless benefits inch up as labor market remains strong despite fears of downturn [AP] Most Americans expect higher prices as a result of Trump’s tariffs, a new AP-NORC poll finds […]
[CNBC] Dow futures jump 700 points after Trump says he doesn’t plan to get rid of Fed chief: Live updates [CNBC] 10-year Treasury yield dips after Trump backtracks plans to axe Fed chief [Reuters] Oil prices down about 1% after Kazakhstan defiance on high crude output [AP] US Treasury secretary says trade war with China […]
