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The markets are sitting with bated breath ahead of the inauguration of President Trump. However, precious metals continue to show strength. Let’s take a look at where prices stand as of this recording, January 15: The price of gold is up 1.3%, sitting at around $2,695. The price of silver is up 1.8% at $30.66. […]
[Yahoo/Bloomberg] Stocks Steady as Data Keep Fed Bets Alive: Markets Wrap [Yahoo/Bloomberg] Gold Gains After US Inflation Data Boosts Rate-Cut Optimism [Yahoo/Bloomberg] Oil Trades Near Five-Month High on Lower Stockpiles, Russia Risk [Yahoo Finance] December retail sales grow less than expected, November sales revised higher [AP] The number of Americans applying for unemployment benefits rose […]
[Yahoo/Bloomberg] Stocks Get Relief From CPI Slowdown as Yields Sink: Markets Wrap [Yahoo/Bloomberg] US Metals and Oil Roiled as Traders Weigh Risk of Tariffs [Yahoo/Bloomberg] Yen Rallies as BOJ’s Ueda Fuels January Rate Hike Speculation [Reuters] Chinese overnight rate spikes to 16% as cash tightens ahead of holiday [AP] US inflation picked up in December, […]
AI Tech Bubble Says, “Feed Me”! How Will Trump Respond To Financial Instability? The Fed Can’t Get Longer Maturity Interest Rates To Go Down “This is one of the factors which is super bullish for gold. Bond markets are signaling a divergence for monetary policy, and implicitly saying that either fiscal commitments are already too […]
[Yahoo/Bloomberg] Wall Street Higher on Tariff Report: Markets Wrap [Yahoo/Reuters] Japan’s 40-Year Yield Rises to Highest Since Debut in 2007 [CNBC] Inflation watch: Wholesale prices rose 0.2% in December, less than expected [Yahoo/Bloomberg] US Small-Business Optimism Hits Highest Since 2018 Post Election [AP] Firefighters prepare for strong winds that could fuel Los Angeles fire growth […]
The term fixer has come on hard times due to its Hollywood-promoted connotation as a person who cleans up criminal messes of one sort or another. For this post, though, the word’s most common meaning is preferred: a person who repairs broken things. In that sense, this author knows the term well, as he strives continually […]
[Yahoo/Bloomberg] Stock Traders Jolted by Fresh Rise in Bond Yields: Markets Wrap [Yahoo/Bloomberg] China Boosts Yuan Support With Warning, Capital Control Tweaks [Yahoo/Bloomberg] UK Markets Fall Again as Inflation Countdown Unsettles Traders [Yahoo/Bloomberg] Oil Hits Five-Month High as US Sanctions on Russia Menace Supply [Yahoo/Bloomberg] Bitcoin falls to lowest since November in risk-asset sell-off [Yahoo/Bloomberg] […]
[CNN] Live Updates: Deadly Los Angeles wildfires: Crews report progress, but wind warnings remain [Yahoo/Bloomberg] Los Angeles fire pushes northeast to threaten Bel Air, Brentwood [Reuters] San Fernando Valley under threat as Los Angeles fire rages on [Reuters] Wall St Week Ahead Inflation report could rattle markets after bond yields climb [Yahoo/Bloomberg] US Inflation Is […]
