Here are the latest news items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. In this column, JWR also covers hedges, derivatives, and various obscura. This column emphasizes JWR’s “tangibles heavy” investing strategy and contrarian perspective. Today, we look at the slowdown in house construction. (See the Economy & Finance section.)
Precious Metals:
At Gold-Eagle.com: Only a Retail Gold Standard Could Dethrone the Dollar.
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Is the world on the cusp of Bretton Woods 3.0, 52 years after Nixon closed the gold window?
Economy & Finance:
Linked over at the Whatfinger.com news aggregation site: US Building Permits Stagnant In July As Mortgage Rates Top 7%.
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An interesting piece about private credit: Post-SVB crisis, this debt market juggernaut is poised to grow even more.
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Michael ‘The Big Short’ Burry Just Bet 90% of His Portfolio That the Stock Market Is About to Crash.
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‘China’s Blackstone’ Misses Payments, Faces Government Scrutiny.
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Saxo: Global Market Quick Take: Asia – August 16, 2023.
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Bond traders prepare to brave ‘painful’ yield curve bets as rate hikes slow.
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World Bank: Pacific Economic Update – Recovering in the Midst of Uncertainty, August 2023.