Tech Rally Blunders

financialjuice.com US equities fell on Monday, with both technology and energy stocks erasing earlier gains on light trading volume. - Apple erased gains of up to 2% in anticipation of a new…

Markets brace for deluge of Treasury bill supply after US debt deal

finance.yahoo.com Investors are bracing for a wave of U.S. government bond issuance as the Treasury plans to refill its depleted coffers quickly after the recent suspension of the debt limit.…

Saudi Arabia’s ‘Whatever It Takes’ Strategy Boosts Oil Prices

nytimes.com Brent crude rose on Monday after the world’s biggest oil producer announced it would be the lone OPEC Plus member to cut production next month. Riyadh goes it alone on oil…

Treasury yields higher, but chances rise of Fed June pause

marketwatch.com Bond yields rose on Monday as appetite for risk across markets reduced demand for sovereign debt. Appetite for risk across global markets was damping demand for Treasuries,…

Fake Debt Ceiling Fight Yields Fake Spending Cuts And A Credit Card With No Limits

zerohedge.com Fake Debt Ceiling Fight Yields Fake Spending Cuts And A Credit Card With No Limits Authored by Michael Maharrey via SchiffGold.com, We have a debt ceiling deal. And the deal…

Morgan Stanley says don’t get too excited about rising U.S. stocks

fortune.com Morgan Stanley strategists anticipate a sudden pullback in corporate earnings will slam the brakes on a US equity rally, a call at odds with Wall Street estimates. Instead,…

Circle USDC Deployed On Arbitrum Network

blockonomi.com Circle, the leading stablecoin issuer, has announced its plan to deploy its native token USD Coin (USDC) on the Arbitrum network. The Arbitrum Foundation also confirmed this…

Morgan Stanley Sees Shock 16% US Profit Drop Killing Stock Rally

finance.yahoo.com Morgan Stanley anticipates a sudden pullback in corporate earnings will slam the brakes on a US equity rally, a call at odds with Wall Street estimates. • None US-China…

Dollar bears bide their time as U.S. economic strength persists

reuters.com A strong U.S. economy is giving an unexpected boost to the dollar, frustrating bearish investors betting on its decline. The dollar is up 2.5% from its recent low against a…

Asian Stocks, Oil Find Support; Dollar Inches Up: Markets Wrap

finance.yahoo.com Asian stocks were poised to climb Monday after a gauge of global equities extended its one-year high and the S&P 500 rose to the cusp of a bull market. Oil rallied on a…

US Treasury set to unleash a tsunami of bonds, Wall Street warns of market unreadiness

hindustantimes.com This will be yet another drain on dwindling liquidity as bank deposits are raided to pay for it — and Wall Street is warning that markets aren’t ready. The negative impact…

Investor Panic Ensures as Potential Consequences of a U.S. Debt Default Revealed

finance.yahoo.com Eight million is the sobering figure economists urge you to remember. If the U.S. were to default on its debt, the repercussions would be large: a staggering loss of more…

The Money Doctor who has slayed inflation for 50 years says the Fed has overcorrected so badly it’s hastening the long-feared recession

fortune.com Economist Steve Hanke has forged a 50-year career as a global “money doctor,” advising heads of state and finance ministers from Indonesia to Kazakhstan. He’s currently…

Taneisha Bryant (@taneisha32) Investment Portfolio on Public.com

public.com Stocks and ETFs. Brokerage services for US-listed, registered securities are offered to self-directed customers by Open to the Public Investing, Inc. (“Open to the Public…

Trillion-Dollar Treasury Vacuum Is Coming for Wall Street Rally

finance.yahoo.com With a debt ceiling deal freshly inked, the US Treasury is about to unleash a tsunami of new bonds to quickly refill its coffers. This will be yet another drain on dwindling…

Silicon Valley Bank collapse: HSBC moves to buy SVB subsidiary in the UK

euronews.com HSBC has agreed to acquire the UK subsidiary of Silicon Valley Bank for just £1 (€1.13) in a bid to protect the country’s tech sector. The UK Treasury and the Bank of…

How Wall Street is preparing for possible US debt default

reuters.com NEW YORK/WASHINGTON, May 15 (Reuters) - As talks over raising the U.S. government's $31.4 trillion debt ceiling intensify, Wall Street banks and asset managers have begun…

What America does after a debt-ceiling disaster

economist.com A again in the throes of a debt-ceiling crisis. If Congress and the White House do not come to a deal, the government may run out of cash and be on the brink of a sovereign…

How deep is the rot in America’s banking industry?

economist.com B confidence trick. Financial history is littered with runs, for the straightforward reason that no bank can survive if enough depositors want to be repaid at the same time.…

America’s government steps in to protect depositors at Silicon Valley Bank

economist.com W bank collapses, the panicked question is often “who’s next?” Other financial institutions can end up exposed because of connections to the collapsed institution, because…

Pump It Like It's 1999

basedmoney.substack.com At this point, the Nasdaq is a reverse indicator for the Bank Term Funding Program (BTFP). As you would have correctly guessed, the Fed pumped it again the prior week: It…

Threatened by a Default, Treasuries Retain a Paradoxical Appeal

nytimes.com Treasuries have been threatened by a possible U.S. debt default, yet they remain more attractive than just about everything else, our columnist says. Treasury bonds have…

What will happen once the debt ceiling deal is passed?

marketplace.org Assuming the debt ceiling deal makes its way through the Senate and to the president, we should be all good, right? Maybe. Probably. Maybe not though. The Treasury…

Friday Premarket Newsmakers: From the Debt Ceiling Deal, on to Greedflation

247wallst.com Premarket action on Friday had the three major U.S. indexes moving nicely higher. The Dow Jones industrials were up 0.53%, the S&P 500 up 0.51% and the Nasdaq 0.48% higher.…

US Equity-Index Futures Waver as AI Rally Cools: Markets Wrap

yahoo.com A renewed rally in tech megacaps fueled a rebound in stocks as bond yields fell on the eve of the jobs report amid speculation that the Federal Reserve will be able to pause…

Bitcoin, Ethereum, Dogecoin Tumble Amid Inflation Worries

benzinga.com Major cryptocurrencies are back slightly in the red on Wednesday evening following renewed concerns regarding inflation. What Happened: The latest JOLTS report brought a…

Analysis: US corporate debt binge could be hard to sustain

reuters.com Large U.S. companies have been on a bond issuance binge but this rapid pace in supply may be hard to sustain ahead of expected volatility related to extending the U.S. debt…

$31 Trillion In Treasury Debt Is the Surest Sign That ‘Default’ Won’t Happen

forbes.com Another week of debt-ceiling brinksmanship, and another week of abject terror from the pundit class. Experts claim that a failure to come to terms will besmirch the U.S.’s…

Stocks Fall on China Economy Worries; Bonds Gain: Markets Wrap

yahoo.com US equity futures declined along with European stocks and commodities from oil to iron ore slumped as China’s economic woes weighed on investor sentiment. Bonds gained. •…

Blocking Crypto Mining Tax ‘One of the Victories’ in Debt Deal: Congressman

247wallst.com The deal between President Biden and senior Republicans to prevent the US from defaulting on its debt will affect the White House’s plan to impose stiff taxes on…

Famed Portfolio Manager Reveals How Debt Ceiling Deal Will Hurt the Economy

thestreet.com Investors are rejoicing as U.S. officials have a tentative agreement to raise the national debt ceiling -- the limit on the borrowing the U.S. government is allowed to…

Nvidia Blows Wall Street Away As Core PCE Comes In Hotter Than Expected

forbes.com The Fed’s preferred measure of inflation, the Personal Consumption Expenditure (PCE) Index has come in today and the numbers aren’t too encouraging • Meanwhile, the AI hype…

The Money Doctor who has slayed inflation for 50 years says the Fed has overcorrected so badly they’re hastening the long-feared recession

yahoo.com Economist Steve Hanke has forged a 50-year career as a global “Money Doctor” advising heads of state and finance ministers from Indonesia to Kazakhstan. He's currently…

Bond Yields Fall as Debt Ceiling Raise Lowers Risk of US Default

beincrypto.com Yields on short-term Treasuries fell Tuesday as fears of a US government debt default receded following the weekend’s bipartisan debt ceiling deal that omits a famous crypto…

Morning Bid: Too soon to drink to the US debt deal

reuters.com A look at the day ahead in European and global markets from Vidya Ranganathan U.S. and UK markets return from their long weekend on Tuesday with a touch of ambivalence,…

Bonds, US Futures Rise as Debt-Deal Push Ramps Up: Markets Wrap

yahoo.com Treasuries and US stock futures advanced on hopes that Congress will pass a debt accord to head off a default as White House and Republican congressional leaders stepped up…

T-Bill Deluge Ahead? Why This Portfolio Manager Thinks US Could Have Its Own Bank Of England Moment

benzinga.com Otavio Costa, a portfolio manager at Crescat Capital, believes the United States is primed to have its own Bank of England moment given that the Federal Reserve may have to…

Marketmind: Too soon to drink to the US debt deal

yahoo.com A look at the day ahead in European and global markets from Vidya Ranganathan U.S. and UK markets return from their long weekend on Tuesday with a touch of ambivalence,…

Long-Dated Treasury Futures Rally in Wake of Debt-Ceiling Accord

yahoo.com Treasury futures linked to the 10- to 30-year part of the US government bond market rallied on light volume Monday, as traders looked ahead to an array of supportive factors…

Facts Vs. Fed-Speak: A Comical History With Tragic Consequences

zerohedge.com Facts Vs. Fed-Speak: A Comical History With Tragic Consequences Authored by Matthew Piepenburg via GoldSwitzerland.com, Below, we look at simple facts in the context of…

Memorial Day and the stock market

foxbusiness.com Wall Street will pause on Monday to mark the Memorial Day holiday as Americans remember and honor those who died in military service. There will be no as U.S. equity markets…

Traders Ready to Embrace Riskier Assets After Debt-Cap Deal

yahoo.com Global markets look primed for a relief rally after US negotiators agreed to a tentative deal over the weekend to resolve a debt crisis that has weighed on risk sentiment in…

USDT market share jumps amid economic uncertainty, USDC shrinks

cointelegraph.com The market dominance of stablecoins pegged to the United States dollar has undergone some changes over the past year. While most of them are in a downward trend, Tether…

Gold and Bitcoin: The Ultimate Winners of the Fed’s End Game?

blockworks.co The Federal Reserve has been executing an aggressive plan over the past year, hiking rates in a concerted effort to quell runaway inflation. With ten consecutive increases…

Debt-Ceiling Relief May Be Short as Focus Turns to T-Bill Deluge

yahoo.com Bond traders look set to pivot from worrying the US wouldn’t raise its debt limit to fretting about what the increase means for money markets. • None Biden, McCarthy Forge…