Monday, August 5, 2024

Tuesday's News Links

[Yahoo/Bloomberg] Stocks See Choppy Trading as Nerves Still Run High: Markets Wrap

[Yahoo/Bloomberg] Asian Stocks Rebound From Worst Rout Since 2008, Led by Japan

[Yahoo/Bloomberg] US Futures Rise as Three-Day Tech-Led Selloff Ebbs

[Reuters] Stocks inch up in erratic trading as investors remain nervous

[Yahoo/Bloomberg] US Treasuries Fall as Waning Haven Bid Turns Focus to Auction

[Yahoo/Bloomberg] Oil Holds Near Seven-Month Low as Global Market Rout Abates

[Reuters] Aftershocks of carry trade at heart of market rout could still have reverberations

[Reuters] Hezbollah launches drone attacks on Israel, says more to come

[Yahoo/Bloomberg] JPMorgan Says Carry Trade Unraveling Is Only Half Complete

[AP] Tropical Storm Debby brings torrential rains and a major flood threat to southeastern US

[Yahoo/Bloomberg] BOJ Under Fire for Rate-Hike Timing After Market Meltdown

[Axios] Why Japan's currency is triggering a global market selloff

[Yahoo/Bloomberg] Brazil Central Bank Won’t Hesitate to Hike Interest Rate If Needed

[Bloomberg] Hezbollah and Israeli Forces Exchange Fire as Tensions Rise

[Bloomberg] China Vanke Sales Slump Extends, Adding to Debt Woes

[NYT] Recession Fears May Be Overstated, but Not Unfounded

[WSJ] Market Selloff Upends Fed Rate-Cut Calculus

[WSJ] U.S. Faces New Challenges as Potential Iran Attack on Israel Nears

Monday Evening Links

[Yahoo/Bloomberg] Japan Stocks Poised for Rebound; US Futures Rise: Markets Wrap

[Reuters] Asia shares look for relief rally after rout 

[Yahoo/Bloomberg] Oil Advances After Three-Day Rout as Global Equity Selloff Eases

[Reuters] Wall Street 'fear gauge' logs record jump as investors bet on more turbulence

[Reuters] US swap spreads tighten in sign of stress

[Yahoo/Bloomberg] S&P 500 Volatility Hits Highest Over Nasdaq 100 Since Pandemic

[Reuters] US banks report best loan demand in 2 years, Fed survey shows

[AP] A rocket attack at an Iraqi military base injures US personnel, officials tell AP

[Yahoo/Bloomberg] US, Allies Make Frantic Push to Avert Possible Mideast War

[WSJ] The Easy Money Reckoning Arrives

Monday Afternoon Links

[Reuters] Wall Street plunges as US recession fears hurt risk appetite

[Reuters] Yields rebound on Goolsbee comments, solid services sector data

[Yahoo/Bloomberg] Stocks Around the World Are Swept in Risk Selloff: Markets Wrap

[Reuters] Global market rout has more to do with end of cheap funding than US economy

[Yahoo/Bloomberg] Treasury Rally Ignites Debate on How Fast Fed Needs to Cut Rates

[Reuters] Fed's Goolsbee sees risk of waiting too long to cut rates, downplays recession fears

[Yahoo/Bloomberg] US Services Activity Expands at Modest Pace as Orders Rebound

[Yahoo/Bloomberg] Storm Debby Threatens to Flood US East After Hitting Florida

[Yahoo/Bloomberg] Tech ETFs That Drew Billions Are Battered by Losses Hitting 60%

[Yahoo/Bloomberg] Iran Says It Wants to Punish Israel But Avoid All-Out War

[WSJ] Unraveling Trades Fuel Global Market Rout

[WSJ] Is This 1987 All Over Again? What’s Driving the Market Meltdown?

[WSJ] Iran Warns Pilots to Avoid Airspace as Middle East Awaits Attack

[FT] Netanyahu is prepared to escalate in the Middle East

"Bubbles Being Bubbles": McAlvany Wealth Management Tactical Short Conference Call Today

Please join Doug Noland and David McAlvany Thursday, August 8th, at 4:00 pm Eastern/2:00 pm Mountain Time for the McAlvany Wealth Management Tactical Short Q2 recap conference call, “Bubbles Being Bubbles.” Click here to register.