Wednesday, October 23, 2024

McAlvany Wealth Management's Tactical Short Q3 Recap Call This Afternoon

Please join Doug Noland and David McAlvany this coming Thursday, October 31st, at 4:00 pm Eastern/2:00 pm Mountain Time for the McAlvany Wealth Management Tactical Short Q3 recap conference call, “Late-Cycle Bubble Fragilities.” Click here to register.

Thursday's News Links

[Yahoo/Bloomberg] Stocks Climb on Earnings Optimism; Treasuries Gain: Markets Wrap

[Yahoo/Bloomberg] Palladium Jumps After US Suggests Sanctions, While Gold Recovers

[Yahoo/Bloomberg] Oil Rebounds After Drop With Supply Outlook and Mideast in Focus

[Yahoo/Bloomberg] Fear of Trump Sends EM Stocks Toward Worst Month Since January

[Reuters] US weekly jobless claims unexpectedly fall

[Yahoo/Bloomberg] Japan’s Finance Chief Gives Warning Over Yen’s Rapid Slide

[AP] North Carolina government calculates Hurricane Helene damages, needs at least $53B

[Yahoo/Bloomberg] Traders Tussle Over Half-Point ECB Interest-Rate Cut in December

[Reuters] BRICS gathers pace as shared grievances with West fuel alliance

[Bloomberg] How Banks and Private Credit Became the Best of Frenemies

[WSJ] How Hezbollah Is Hitting Back After Being Pummeled by Israel

[FT] Vladimir Putin bets on North Korean troops to retake Kursk from Ukraine

[FT] Vladimir Putin’s alternative to ‘weaponised’ dollar fails to excite Brics partners

[FT] Indonesia says it drove Chinese coastguard ships out of disputed waters

Wednesday Evening Links

[Yahoo/Bloomberg] Tech Stocks Up in Late Trading as Tesla Surges 8%: Markets Wrap 

[Yahoo/Bloomberg] Treasuries Extend Slide as Traders Worry About the Bond Market

[Yahoo/Bloomberg] Oil Falls as US Crude Stockpiles Rise, Cease-Fire Talks Progress

[Reuters] Israel, Hezbollah exchange heavy fire as Blinken pushes for peace

[BBN/Bloomberg] Fed’s Beige Book Shows Little Growth Across Most of US

[Yahoo/Bloomberg] BOJ Watchers See No October Move With Half Expecting December

[Yahoo Finance] Big Tech is going all in on nuclear power as sustainability concerns around AI grow

[Reuters] US says evidence shows North Korea has troops in Russia, possibly for Ukraine war

[Reuters] Finland warns of hostile activities by Russia

[Bloomberg] Ueda Says Right-Sizing BOJ Normalization ‘Keeps Me Awake 24/7’

[Bloomberg] China Speeds Nuclear-Weapons Buildout, US Defense Agency Says

Wednesday Afternoon Links

[Yahoo/Bloomberg] Stocks Hit by Tech Rout Before Tesla’s Results: Markets Wrap

[Yahoo Finance] Oil drops as US inventories balloon, traders watch Middle East crisis

[Yahoo/Bloomberg] Surge in Treasury ‘Term Premium’ Warns of Rising Bond Risks

[Yahoo/Bloomberg] Yen’s Drop to Three-Month Low Reignites Intervention Concern

[Yahoo/Bloomberg] Bank of Canada Cuts 50 Basis Points to ‘Stick the Landing’

[Yahoo/Bloomberg] Bond Guru Marty Fridson Sees Yield Chasers Paying Up for Frothy High-Yield Debt

[Yahoo/Reuters] Bridgewater says Fed independence is a top concern in US election

[WSJ] With Pressures at Home and Abroad, China’s Xi and India’s Modi Thaw Ties

[FT] ‘Thousands’ of North Korean troops to fight in Russia