More
[Yahoo/Bloomberg] ‘Trump Trade’ Doubts Weigh on Dollar, Boosting Bond Futures [Yahoo/Bloomberg] Dollar Drops as Some US Polls Shift Toward Harris: Markets Wrap [Yahoo/Bloomberg] Oil Rises as OPEC+ Delays Output Hike and Iran Steps Up Rhetoric [Yahoo/Bloomberg] Copper and Other Metals Gain on Weak Dollar, China Stimulus Hope [Reuters] Morning Bid: Outliers from Iowa and payrolls […]
[Yahoo Finance] Markets brace for presidential election, Fed meeting: What to know this week [Yahoo/Bloomberg] Fed and Peers Will Go Ahead With Rate Cuts After This Week’s US Election [Yahoo/WSJ] Fed Prepares Rate Cut Amid Economic Contradictions [AP] Federal Reserve is set to cut rates again while facing a hazy post-election outlook [CNBC] Nearly $1 […]
All Eyes on Gold On the eve of both a very consequential election and a critical Fed FOMC meeting next week, HAI will keep it brief this week. The big economic news of this past week came in the form of labor market data. First up was the JOLTS job openings survey, a measure of […]
[Reuters] Rockets from Lebanon wound 11 in Israel [AP] Iran’s supreme leader threatens Israel and US with ‘a crushing response’ over Israeli attack [Yahoo Finance] Washington faces a giant tax debate in 2025. How Kamala Harris or Donald Trump would navigate it. [Yahoo Finance] Mortgage rates below 6%? Not anytime soon. [Yahoo/WSJ] Awful Jobs Report […]
Tuesday’s pivotal election muddies the analysis. Clearly, however, the Treasury market is under meaningful pressure. Ten-year Treasury yields jumped 14 bps this week to a four-month high of 4.38%. Yields are up 76 bps since September 17th, the day before the Fed slashed rates 50 bps – with yields now 50 bps higher in 2024. […]
Late-Cycle Bubble Fragilities – October 31, 2024 David: Good afternoon, this is David McAlvany. I want to welcome you to our Tactical Short Third Quarter Conference Call. Thank you for participating in this call. As always, we want to give a special thanks to our valued account holders, we greatly value our client relationships. […]
[Yahoo/Bloomberg] Stocks Rise With Payrolls Cap Volatile Week: Markets Wrap [Reuters] Oil climbs 2% on reports of Iran preparing strike on Israel [Yahoo/Bloomberg] Gold Climbs Ahead of US Jobs Data as Investors Focus on Election [Yahoo/Bloomberg] UK Bond Rout Abates as High-Stakes Budget Week Draws to a Close [CNBC] U.S. economy added 12,000 jobs in […]
This week, we see a small bump up in gold and a stronger move up in silver. Let’s take a look at where prices stand as of October 30: The price of gold is up about 1.5% or $68 from last week. However, gold did hit a mid-week high at $2,790. It is inching up […]
