Randy Bounds News Today

The Source for Market Opinions

As the EU gears up for elections next year, a new poll has shown that more voters are likely to back Eurosceptic parties than at the last election in 2019.…

An act of selflessness and integrity has earned one Pine Belt resident a Good Samaritan title. This past Friday, Jennifer Sullivan, an employee at the Ramey’s grocery store in Sumrall, discovered a wallet containing over $6,000 sitting open at a register near the store’s entrance. Sullivan then went to the...

Financial Times: Germany’s chancellor rejects Credit Suisse comparison.

Household Net Worth dropped $6.1 TN during Q2, the largest decline since Q1 2020. Read more here.

The week arguably offered some clarity on key facets of today's murky financial, economic and policy backdrops.

Financial Times writers Polina Ivanova, Leila Abboud and Max Seddon reported late last week that, "European leaders have stepped up diplomatic efforts to loosen Russia’s hold on Ukraine’s grain supplies as Kyiv’s prospects in the eastern Donbas region worsen and the risk of a global food crisis mounts."

Beijing prodding may have reversed much of the week’s equities market pain, though I doubt positive sentiment will return anytime soon. Click here to read a weekly update.

Reuters writer Pavel Polityuk reported yesterday that, "Ukraine's agriculture ministry on Saturday revised up its forecast for the area to be sown to 2022 spring crops, giving no reason for the new outlook."

Writing on the front page of today's New York Times, Jack Nicas reported that, "The war in Ukraine has delivered a shock to global energy markets. Now the planet is facing a deeper crisis: a shortage of food."