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Top News In ஜெஃப் குண்ட்லச் Today - Breaking & Trending Today

Commerce Secretary tells how to fix the crazy car shortage

Commerce Secretary tells how to fix the crazy car shortage
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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Not covered: QE and stock prices - WiredPRNews.com

This article is a version of the Unhedged newsletter. Give your name here send the newsletter directly to the mailbox every weekWelcome back to Unhedg ....

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'Bond King' Jeff Gundlach says cryptocurrencies are the 'poster child' for speculative fever in markets - but adds that bitcoin's sell-off may signal frothiness is drying up

Bond King Jeff Gundlach says cryptocurrencies are the poster child for speculative fever in markets - but adds that bitcoin s sell-off may signal frothiness is drying up
[email protected] (Emily Graffeo)
© REUTERS/Eduardo Munoz
REUTERS/Eduardo Munoz
Jeff Gundlach told Yahoo Finance that crypto is the poster child for the speculative fever in markets.
The DoubleLine Capital founder and CEO added that bitcoin s recent sell-off may signal that some market frothiness is dissipating.
The so-called Bond King was bullish on bitcoin in 2020, but now says the price is too high.
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The founder and CEO of $135 billion DoubleLine Capital said cryptocurrencies have become objects of speculation, fueled in part with government stimulus money. ....

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"We're In A New World" - Commodities Crash-Up At Record Pace As Iron Ore, Copper Explode Higher Overnight

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We re In A New World - Commodities Crash-Up At Record Pace As Iron Ore, Copper Explode Higher Overnight
by Tyler Durden
Monday, May 10, 2021 - 08:36 AM
Transitory or not, Goldman s global head of commodities research, Jeffrey Currie, told Bloomberg this week that
we re in a new world, and nowhere is that more evident than in the record-setting increase in the price of commodities across the globe.
From US/Canadian lumber to Chilean copper and Chinese Iron Ore, prices are soaring with
Bloomberg s Spot Commodity Index up a stunning 62% YoY - the fastest pace since January 1980.
Source: Bloomberg
The latest surge came from China overnight, where benchmark iron ore futures surged 10% to a record high, steel prices rose 6%, and copper prices touched record highs on hopes for improved demand amid tightening supply. ....

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Jobs Not Required to Spend Printed Money – Investment Watch

Huge misses in jobs numbers.
Biden’s Blue-Collar Blueprint to build back better .
Jobs report is more evidence the Fed’s policies aren’t working.
Weaker labor market means stronger inflation.
Dollar decline will accelerate.
Investors continue their move from growth to value stocks.
Bitcoin maximalists in glass houses throwing stones at Dogecoin.
Elon Musk may create a market top in Dogecoin after his SNL appearance.
Jeff Gundlach is a fan of The Peter Schiff Show. ....

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