Here are the latest news items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. Most of these items are from the “tangibles heavy” contrarian perspective of SurvivalBlog’s Founder and Senior Editor, JWR. Today, we look at the recent wild swings in the U.S. stock markets. (See the Equities section.)
Precious Metals:
U.S. dollar will keep gold price under pressure – VanEcK’s Foster and Casanova.
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Market crash to last until 2024; Gold to hit $900 before a rebound – Harry Dent.
Economy & Finance:
Biden’s burdens grow: Sagging global economy adds to U.S. woes.
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At Zero Hedge: Market Rout Extends With Futures Tumbling To Verge Of Bear Market.
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Credit Bubble Bulletin – Doug Nolan (McAlvany Intelbrief.)
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Treasuries Start New Norm Between Inflation And Recession Fears.
Equities:
Stocks sink by most since June 2020 as retail results disappoint across the board.
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Forbes reports: The Worst Of The Stock Market Crash May Be Yet To Come, According To Wall Street’s ‘Fear Gauge’ Signal.
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Why is Wall Street close to a bear market?
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Dow sinks 1,100 points in worst day since 2020 amid fears over inflation.
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Dow Suffers Longest Losing Streak In 99 Years, Bonds & Bullion Bid.
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Danielle Park: Bear Market Update.
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Walmart’s stock posts its worst day since 1987.
Derivatives:
Derivatives’ Old Guard Fights FTX Chief Over Plan to Cut Out Middlemen.
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Wall Street Watchdog to Ramp up Scrutiny of Risky Derivative Products.
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Securities and Derivative Litigation: Quarterly Update – May 2022.
Forex & Cryptos:
Surging Dollar Stirs Markets Buzz of a 1980s-Style Plaza Accord.
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At Currency Thoughts: Risk Aversion Returns.
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US Dollar Strength Has Been Blowing in the Yuan After CNY/JPY Hit Record Highs.
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Analysts assess the aftermath of the Terra (LUNA) collapse | Cointelegraph interview.
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U.S. Mining Stocks Drop Almost 50% Despite Hashrate Increasing.
Tangibles Investing:
Here’s What a Recession Could Do to the Housing Market.
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Elon Musk on housing bubble: ‘They dug their own graves — a lesson we should all take to heart’.
Provisos:
SurvivalBlog and its Editors are not paid investment counselors or advisers. Please see our Provisos page for our detailed disclaimers.
News Tips:
Please send your economics and investing news tips to JWR. (Either via e-mail or via our Contact form.) These are often especially relevant because they come from folks who closely watch specific markets. If you spot any news that would be of interest to SurvivalBlog readers, then please send it in. News items from local news outlets that are missed by the news wire services are especially appreciated. And it need not be only about commodities and precious metals. Thanks!