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[Yahoo/Bloomberg] Stocks, Bonds Rise as Traders Embrace Bessent: Markets Wrap [Yahoo/Bloomberg] Dollar, US Yields Fall on Bets Bessent Will Dilute Trump Plans [Yahoo/Bloomberg] Oil Falls as Bessent Seeks More US Output, Israel Nears Truce [Reuters] Adani bonds slide to year low as investors and lenders weigh bribery allegations [Yahoo/Bloomberg] Trump’s Treasury Choice Bessent Tells WSJ […]
Given that this is a blog post rather than a white paper or book, this week’s installment will focus on some striking effects without trying too hard to ascertain causes. The effects will likely be cause enough for concern. After watching a video offered up by this author’s YouTube feed titled “Why I’m Embarrassed to […]
[Yahoo Finance] Fed’s preferred inflation gauge highlights holiday-shortened trading week: What to know this week [Yahoo/Bloomberg] Stubborn US Inflation Set to Reinforce Fed’s Go-Slow Approach [Reuters] Iran is preparing to ‘respond’ to Israel, says adviser to Supreme Leader [AP] The rising price of paying the national debt is a risk for Trump’s promises on growth […]
[Reuters] Wall St Week Ahead Black Friday puts consumer spending in market’s glare with stocks near records [Yahoo/Bloomberg] Trump’s Treasury Pick Wants Shadow Fed Chair, Maybe Weak Dollar [Axios] Trump taps hedge fund manager Scott Bessent to run Treasury [AP] What to know about Scott Bessent, Trump’s pick for treasury secretary [NPR] NATO and Ukraine […]
Just Prices from the NOIC This week HAI is just prices. This author is blessed to be along the banks of the mighty Mississippi River in New Orleans, Louisiana for the 50th anniversary of the fantastic New Orleans Investment Conference. It’s always a thrill to attend this venue and interact and exchange ideas with so […]
Bitcoin traded this week to $99,978, ending the week with 2024 gains of 132%. Since the election, Bitcoin has surged 43%, with Ethereum up 39%, Ripple 215%, Cardano 240%, Solana 54%, and Dogecoin 144%. Bloomberg’s monitor page has expanded to include pricing for 58 crypto currencies. The small cap Russell 2000 rose 4.5% this week, […]
[Yahoo/Bloomberg] US Stocks Dip as Traders Turn Elsewhere for Value: Markets Wrap [Yahoo/Bloomberg] Gold Set for Biggest Weekly Jump in 13 Months on Haven Demand [Yahoo/Reuters] Gold surges and euro sags as broader war risks rise [Yahoo/Bloomberg] Oil Heads for Weekly Advance as Russia-Ukraine War Escalates [Yahoo/Bloomberg] Currency Traders Bet on Trump Stirring Up Market […]
Precious metals continue to follow the playbook laid out by our analysis of a Republican presidential win. Let’s take a look at where prices stand as of November 20: The price of gold is up about 4.3% or $108 to $2,650 from last week, a really nice bounce up in a week. The price of […]
