McAlvany Wealth Management Tactical Short Q3 Conference Call This Afternoon

Please join Doug Noland and David McAlvany this Thursday, October 30th, at 4:00 pm Eastern/2:00 pm Mountain Time for the McAlvany Wealth Management Tactical Short Q3 recap conference call, “Loose Conditions, Excess and Fed Accommodation.” Click here to register.

Wednesday's News Links

[CNBC] Stocks are little changed after record session for Dow; Netflix slides on earnings miss: Live updates

[Reuters] Gold prices slide as dollar firms, investors book profits

[Reuters] Oil rises about 2% on trade talk optimism

[Reuters] US banks' surge in loans to private creditors may pose risks, Moody's says

[Yahoo/Bloomberg] Waller, a Top Fed Chair Contender, Backs Rate Cuts Without Bowing to Trump

[Reuters] South Korean negotiators visit US to resolve sticking points in trade talks

[AP] Money-losing companies with colorful histories have pivoted to crypto

[Axios] OpenAI's metamorphosis from chat app to tech giant

[AP] Japan’s exports and imports grow in September despite Trump’s tariffs

[AP] A major Russian drone and missile attack on Ukraine kills at least 6 people, officials say

[Axios] Putin's war is "not just about Ukraine," says Estonian ambassador

[Reuters] Russia holds nuclear drills after delay to Putin-Trump summit

[Bloomberg] Subprime Lender PrimaLend Enters Bankruptcy After Bond Default

[Bloomberg] US Government Shutdown Is Now Second Longest in History

[Bloomberg] Dudley: The Fed Might Be More Dovish Than Powell Thinks

[Bloomberg] Apollo Says AI Energy Gap ‘Will Not Be Closed in Our Lifetime’

[Bloomberg] Japan’s Takaichi Orders Economic Package to Tackle Inflation

[Bloomberg] EU Prepares Trade Options to Counter China Rare Earth Curbs

[NYT] Workers and Employers Face Higher Health Insurance Costs

[NYT] World Falling Short on Methane Pledge, U.N. Report Finds

[WSJ] The Average Cost of a Family Health Insurance Plan Is Now $27,000

[WSJ] The U.S. Is Trying to Drive a Wedge Between Argentina and China

[WSJ] Is the Flurry of Circular AI Deals a Win-Win—or Sign of a Bubble?

[FT] The grossly underestimated hedge fund bid for Treasuries

[FT] Bubble-talk is breaking out everywhere

[FT] Why has US jobs growth been so anaemic?

[FT] The fallout from the AI-fuelled dash for gas

Tuesday Evening Links

[CNBC] Stock futures are little changed after record session for Dow; Netflix slides on earnings miss: Live updates 

[Reuters] Europe, Ukraine prepare new proposal to end Russia's war, diplomats say

[Axios] NATO leader jets to D.C. after Trump's "tough" Zelensky meeting

[AP] US ranchers oppose Trump’s plan to import more Argentine beef and experts doubt it will lower prices

[Axios] Trump sought $230M from DOJ to settle past investigations of him

[Bloomberg] Bessent’s Plan Runs Short on Time to Line Up Argentina Financing

[WSJ] BlackRock Among Biggest Investors in Meta’s Giant Data-Center Debt Deal

[WSJ] Trump Says Ukraine Summit With Putin Would Be a ‘Waste of Time’

Tuesday Afternoon Links

[CNBC] Dow hits record on the back of Coca-Cola, 3M earnings, S&P 500 is flat: Live updates 

[Axios] In a shift, White House says no plan for Trump-Putin summit

[AP] Trump-Putin summit planned for Budapest is on hold after Rubio spoke with Lavrov, US official says

[Yahoo/Telegraph] Bailey: Shadow banking crisis has echoes of 2008 crash

[Bloomberg] Trump Tells GOP Senate to Stand Firm: ‘We Will Not Be Extorted’

[Bloomberg] Trump Sees Successful Xi Meeting, But Allows It Might Not Happen

[Bloomberg] Zions CEO Cautions of ‘Yellow Flag’ in Private-Credit Market

[Bloomberg] BOE’s Bailey Warns of Financial Crisis Echoes in Private Credit

[Bloomberg] Dimon Cuts Ribbon on JPMorgan’s Multibillion-Dollar Headquarters

[WSJ] No Plans for Second Trump-Putin Summit Soon as Preparation Stalls

[WSJ] ‘No Kings’ Protests Were Peaceful—and Even Patriotic

[FT] Wave of private equity deals continues with TPG and Blackstone’s $18.3bn Hologic takeover