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From Markets A.M. newsletter by Spencer Jakab.
On this day in 1980, gold hit a then-record price of $850 per ounce.
Gold dealers predicted that the price would hit $1,000 per ounce by July,
and U.S. Secretary of the Treasury G. William Miller said,…
The Week in Charts (01/19/26)
The most important charts and themes in markets and investing...
00:00 Intro
00:18 Topics
00:31 The Reversal of Everything
05:22 The Low-Hire, Low-Fire Jobs Market
12:16 The Big CPI Lie
18:20 Powell's Last Stand
24:20 …
"The account’s posts suggest they are worried about Trump’s declining popularity.
It launched an attack on Federal Reserve Board member Lisa Cook,
whom the administration is targeting for alleged mortgage fraud,
just before it claimed that Trump was…
"Then the account turned to reposting long-debunked lies about the 2020 presidential election.
It reposted claims that there was voter fraud in Nevada (there wasn’t),
that Dominion Voting Machines flipped 435,000 votes from Trump to Biden (they didn…
"Yesterday Tom Fairless of the Wall Street Journal reported that, contrary to Trump’s repeated assertions,
U.S. consumers and importers—not foreign countries—are the ones who have paid for Trump’s tariff war.
The Kiel Institute for the World Economy…
"Mr. Trump’s hunger for wealth is brazen.
Throughout the nation’s history, presidents of both parties have taken care to avoid
even the appearance of profiting from public service.
This president gleefully squeezes American corporations, flaunts gif…
After being snubbed for the Nobel Peace Prize, European leaders have unanimously decided
to present a very prestigious award to President Donald J. Trump.
"The post–World War II rules-based international order prevents authoritarians from grabbing land and resources that belong to other countries. But Russia’s president Vladimir Putin, for example, is eager to dismantle NATO and complete his grab of U…
""Today three top American Catholic cardinals, Blase Cupich of Chicago, Robert McElroy of Washington, D.C., and Joseph Tobin of Newark, New Jersey, issued a joint statement warning the Trump administration that its military action in Venezuela, thre…
[snip]
@Observant1 - I went through a similar exercise a year or so ago looking for global stock funds w/o much Mag7. Not easy to find.
FPACX might work. Many people seem fond of it. And it holds only three of the Mag7 - Alphabet, Meta, and Am…
The U.S. could often claim the moral high ground on the world stage.
Those days are now behind us and reclamation will take concerted time
and effort after the demise of Trump's lawless & corrupt regime.
"to reinforce what Mark just said- just when we think that he can't get any dumber
or stupider he over achieves. Quite the moron."
Indeed.
I'm ashamed to acknowledge that Donald J. Trump is the president of our country.
I can't think of anyone less…
You bring up a good point.
I recently researched allocation funds (primarily Global Moderate Allocation funds).
I discovered two or three funds—I don't recall the specific funds—with fine mid-term
and/or long-term performance along with several othe…
"This time it isn’t Bull Connor and his racist goons.
It’s Donald Trump, JD Vance, Kristi Noem, Stephen Miller, and their fascist goons.
It’s armed agents of the president of the United States who are bullying and brutalizing people.
Committing a co…
Market Inflection Point?
As is often repeated here on the forum,
I've done my best to have a reasonable plan, and then stick to it.
[snip]
This is a really good way of approaching the problem.
Don't try to "outsmart" the market by making large ta…
"The Board of Peace set up by Donald Trump to oversee Gaza will have a broader mandate that could allow it
to rival the UN and mediate in other global conflicts, according to the charter sent to prospective members."
"Trump has long been hostile to…
The Greenland Defense Front is armed and ready to repel attacks which threaten the country's sovereignty.
They are the eggmen.
I am the walrus.
Goo goo g' joob g' goo goo g' joob.
From Heather Cox Richardson's Letters from an American newsletter dated Jan. 17.
"Trump’s triumphant narrative is not working at home, either.
A new CNN poll released Friday shows that fifty-eight percent of Americans believe
that Trump’s first yea…
I listened to this little gem after reading multiple articles about precious metals.
It was a welcome respite!
Rolling Stones perform "You Got The Silver" from the Let It Bleed album.
Donald J. Trump has lusted after Greenland for many years.
He must surely know that Greenland annexation would probably result in NATO disintegration.
Is this what Trump—or J.D. Vance, Stephen Miller, Marco Rubio—truly want?
What is the real end gam…
The article suggests that speculation by retail investors coupled with a supply deficit
has led to the strong rally in silver.
"The eye-popping gains — eclipsing even gold’s historic rally — have come as a surge of speculation
by retail investors h…
“Last year’s blistering rally for silver has gone into overdrive, with prices breaching
$90 an ounce this week and, despite a pullback on Friday, still up by around one-quarter this year.
The metal has now tripled in value over the past 12 months am…
“'For me, it’s been a painful process. Since childhood, I have considered the United States
as the natural leader of the free world. I’ve even spoken about the US as the world’s policeman,'
said Rasmussen, who sent Danish troops to fight with the US…
Donald J. Trump's stated rationale:
“'We have subsidised Denmark, and all of the Countries of the European Union,
and others, for many years by not charging them Tariffs, or any other forms of remuneration,'
Trump wrote in a Truth Social post on Sa…
“'I see Kevin [Hassett]’s in the audience and I just want to thank you,
you were fantastic on television today,' Trump said.
'I actually want to keep you where you are if you want to know the truth.'”
“Market expectations that there will be two qu…
In a M* interview, Steve Romick revealed that he was 13 years old in 1976.
Romick will turn 63 years old sometime this year.
Mark Landecker and Brian Selmo have co-managed FPACX alongside Steve Romick since June 2, 2013.
All three co-managers have i…
Dan Ivascyn also thinks diversifying beyond the U.S. is a good idea.
"Dan Ivascyn, chief investment officer of Pimco, told the FT that the $2.2tn fund manager
was 'diversifying' its portfolios as it contended with the US president’s rapidly changin…
"In The Atlantic, national security scholar Tom Nichols noted that Trump’s determination
to seize Greenland from Denmark, a country with which the U.S. has been allied for
more than two centuries, is 'extraordinarily dangerous.'
Nichols suggests t…
I contacted my senators and my representative and urged them not to vote
for the DHS spending bill unless the aforementioned conditions are met.
I'm not sure what the ultimate effect will be but at least I voiced my concerns.
From Markets A.M. newsletter by Spencer Jakab.
On this day in 1991, the first Persian Gulf war began.
The U.S. transformed Operation Desert Shield into Operation Desert Storm
by launching its aerial bombardment of Baghdad and Kuwait.
Oil prices pro…
Alternate link to WSJ article referenced by bee.
https://www.msn.com/en-us/money/markets/halliburton-and-its-rivals-can-t-wait-to-get-back-into-venezuela/ar-AA1UlikB
Reuters reported today that the U.S. Department of Energy is exploring a scheme
to exchange heavy Venezuelan oil for U.S. medium sour crude in order to fill the
Strategic Petroleum Reserve.
From Heather Cox Richardson's Letters from an American newsletter dated Jan. 15.
"Homeland Security Secretary Kristi Noem told reporters today that federal agents will ask Americans
to 'validate their identity' by showing proof of citizenship if th…
