Dr. Bernanke has referred to the understanding of the forces behind the Great Depression as the “Holy Grail of Economics.” But was the Great Depression [...]
Here’s the news of the week – and how we see it here at McAlvany Wealth Management: The Worm Begins to Turn for Unloved Sectors The “Santa Claus” rally [...]
[Reuters] ‘Moving right along’? Shares nudge up after Trump trade talk [Reuters] Oil drops as market awaits ratification of OPEC+ supply cut [AP] [...]
[Reuters] Stocks keep the faith, sterling gallops higher [Reuters] OPEC and allies prepare to deepen oil output cuts [Reuters] China maintains tariffs must be [...]
[Reuters] Stocks back to ‘risk-on’ after Trump trade war scare [Reuters] Trump says trade talks with China going “very well” [Reuters] [...]
[AP] Stocks fall as Trump downplays chances of China trade deal [Reuters] Yuan hit after Trump says trade deal could come after 2020 election [Reuters] Oil [...]
[Reuters] Stock rebound fizzles after Trump restores Brazil, Argentina tariffs [Reuters] Oil rises over 1% on hopes for deeper OPEC cuts, Chinese factory [...]
[Reuters] China wants U.S. tariffs rolled back in phase one trade deal: Global Times [Yahoo/Bloomberg] The Way Out for a World Economy Hooked On Debt? Yet More [...]
[CNBC] China’s factory activity unexpectedly returns to growth in November [Reuters] That frenzied Black Friday crush? Not this year [Greenwich Times] [...]
For the Week: The S&P500 gained 1.0% (up 25.3% y-t-d), and the Dow added 0.6% (up 20.3%). The Utilities were unchanged (up 19.0%). The Banks added 0.4% (up [...]
[Reuters] Wall Street slips after U.S. law on Hong Kong rekindles trade fears [Reuters] Global stocks dip on trade worries as record high stays elusive [...]
[Reuters] World stocks stall as U.S.-China tensions flare again [Reuters] Yen gains, yuan falls as Hong Kong tensions muddy trade progress [Reuters] Oil falls [...]
[Reuters] Global stocks nearing record highs on trade hopes [Reuters] Dollar boosted by trade deal optimism, Swedish crown hits 4-month high [CNBC] US GDP rose [...]
[Reuters] Wall Street opens flat, eyes on consumer data [Reuters] World stocks edge off highs to await U.S.-China progress [Reuters] Dollar hits two-week high [...]
[Reuters] World shares climb on trade hopes [Reuters] Dollar boosted by trade progress signs, Brexit promise lifts sterling [Reuters] Oil kicks off week with [...]
