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The many inflationary influences on US and world economies remain in place. In fact, many countries and central banks are doubling down on them. So the race is on to determine whether the new funds are absorbed in constructive enterprise or pumped into ever-expanding bubbles. The likelihood, of course, is both. That’ll keep us guessing […]
[CNBC] Stocks rise as big week of economic data kicks off: Live updates [Yahoo/Bloomberg] Gold Climbs Near Fresh Record With Focus Turning to Jobs Data [CNBC] Copper could hit ‘stratospheric new highs’ as hoarding of the metal in U.S. continues [Yahoo/Bloomberg] Bond-Market Debate Over Fed’s Path in 2026 Is About to Heat Up [AP] US […]
[Yahoo Finance] Trump’s Fed pick comes into focus, economic data backlog clears: What to watch this week [Yahoo/Bloomberg] Corporate-Bond Investors Party as Hangover Looms: Credit Weekly [Politico] Thousands of carveouts and caveats are weakening Trump’s emergency tariffs [AP] Arctic air mass pushes to the U.S. South; Midwest also bracing for dangerous wind chills [Reuters] Thailand […]
Potomac Two-Step Since the start of 2025, HAI’s view has been that Trump administration 2.0 is all-in on a policy commitment to run the economy hot, inflate the debt away, implement industrial policy, and ultimately reindustrialize the atrophied U.S. manufacturing base as the key national security imperative, amounting to the MAGA priority. This week dramatically reinforced […]
[Reuters] With Fed independence in crosshairs, will Supreme Court back Trump again? [Yahoo/Bloomberg] Trump Names Warsh, Hassett as Top Fed Contenders, WSJ Says [Yahoo/Reuters] JPMorgan’s Dimon signals support for Kevin Warsh as Fed chair, FT reports [Axios] OpenAI isn’t too big to fail. It’s bigger. [AP] 2 killed in Russia while Ukraine’s energy infrastructure is […]
Global bond yields continued their march higher – Germany, Portugal, Italy, and Greece another six bps. Ten-year Treasury yields gained five bps to a three-month high of 4.18%. The cryptocurrencies were back under pressure late in the week. Gold surged $102 and Silver 6.2% – to record highs. Meanwhile, cracks in the AI mania are […]
[CNBC] Dow set to extend record as rotation out of tech continues: Live updates [CNBC] 10-year Treasury yield moves higher as investors digest latest Fed moves [Yahoo/Bloomberg] Silver Heads for Weekly Gain of About 10% in Speculative Surge [CNBC] Fed’s Goolsbee explains vote against rate cut, says central bank should have waited [Reuters] Obamacare health […]
Silver pushed new highs this week, jumping up to $61.80, while gold, platinum, and palladium climb roughly 1%. Strength in metals markets continues to rise as BRICS nations push de-dollarization efforts while stockpiling gold and silver. With silver breaking out of consolidation, all indicators point towards a market that has not yet finished its run. […]
