Just when you were starting to think it's been getting a little weird in the second Trump regime, in a rather stunning announcement, it seems like Trump slipped and just said the quiet part out loud.
Today’s pre-market trading looks like yesterday in a mirror. On Thursday morning, oil jumped, stocks fell, and silver fell ...
“Japanification” describes a severe and prolonged deflationary state in which demand drops, prices and wages fall, and economic activity remains moribund for decades. Japan has been trapped in a ...
The US dollar became the world’s primary reserve currency due to the economic devastation of World War II and was cemented by the 1944 Bretton Woods Agreement. Because the US mainland was untouched by ...
The BEA’s annual revisions shaved a few tenths off the rate of inflation. But spending levels suggest the Fed’s fight is far from over.
Despite tremendous price pressure on gold from rising yields, more metal flowed into gold-backed ETFs last month, driving fund holdings to a new record.
If you want to know why central banks are stacking gold, ask a central banker. Last month, global gold reserves increased by another 39 tonnes, as central banks continued a buying spree that began ...
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Gold (XAU/USD) ticks up on Thursday, trading at the $4,125 area after bouncing up from two-month lows at $4.066 on Wednesday. Upside attempts, however, remain limited so far, as precious metals ...
NEW YORK (October 5) The benchmark S&P 500 rose and the Nasdaq reached all-time highs on Monday as most megacap and growth stocks advanced, though risk sentiment remained in check as Treasury yields ...
Yesterday, I wrote: "The dollar has done its part. The one support gold has left this week is cheaper oil, and today is the ...
Wednesday brought a softer-than-expected inflation report. Core PCE rose 3.0 percent from a year earlier against 3.3 percent ...
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