Gold has all the potential to go unprecedentedly high. But silver will be gold on
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There are few gold bugs around these days, but gold is one of the few assets that has managed to climb higher during the latest market rout.
Asset prices have inflated to “superbubble” status, a level of extreme overvaluation which will cost Americans $35 trillion when the bubble bursts, according to one of the most respected bears on Wall Street.
Dow Falls More Than 700 Points in 7th Straight Down Day, S&P 500 Heads for Worst Month Since 2020Jan 24, 2022 - 11:47:38 PST
The rout in U.S. stocks to begin 2022 gained steam on Monday.
NATO Sends Reinforcements to Eastern Europe As Russia Accuses West of HysteriaJan 24, 2022 - 11:35:46 PST
NATO said on Monday it was putting forces on standby and reinforcing eastern Europe with more ships and fighter jets, and could also send additional troops to its south-east flank, in what Russia denounced as an escalation of tensions over Ukraine.
Traders in the options market showed little appetite to bet on an end to the continuing stock market sell-off on Monday, as Wall Street's most followed gauge of equity market fear soared to its highest level in more than a year.
Oil in New York tumbled as risk-off sentiment prevailed across financial markets, driven by concerns about monetary tightening. Most Read from BloombergU.S. Stocks Trim Losses by Half as Volume Explodes:...
Yahoo Finance's David Hollerith joins the Live show to discuss bitcoin dropping below $34,000 and why cryptocurrencies are selling off.
Rate hikes will be far fewer than the markets currently expect. Currently, with inflation pushing more than 7%, the highest level in decades, it is not surprising to see the market “pricing in” a more aggressive rate-hiking campaign by the Federal Reserve. As shown via the Daily Shot, the markets expect a certainty of 4-rate hikes in 2022.
The number of quits hit a record high in November in the latest BLS JOLTS Labor Turnover report.
Communities of houses built for the sole purpose of renting are on the rise. Texas leads the way.
Stocks Better Bounce Soon or Else I’ll Have to Revise the WOLF STREET DictumJan 24, 2022 - 11:18:40 PST
Even a dead-cat bounce that makes your ears ring would do.
The stock market has never started a year falling as quickly as it is now.
The S&P 500 has dropped 11% — heading into correction territory — in the first 16 trading days of 2022 in its worst-ever start to a year, according to Bloomberg data that goes back over nine decades.
Is this a Don Ho “Tiny Bubble” burst? Or a slow deflation of asset prices as The Fed removes its stimulus?
COVID and its omicron variant (as well as government reactions such as mask and vaccination mandates) are wreaking havoc on the global economy, but particularly in the USA where the Federal government dumped trillions of dollars in fiscal stimulus along with The Federal Reserve’s monetary stimulus into an economy not prepared for it. The result? INFLATION.
Red-Hot Inflation Grips Pockets of U.S. Midwest and South With Rates Over 9%: BloombergJan 24, 2022 - 08:48:25 PST
The American heartland has become an inflation hotbed, highlighting how difficult it will be for U.S. policy makers to cool decades-high inflation that is gripping the economy.
Clearly, the federation should immediately discontinue its asset purchase program, keep markets up to three and possibly higher interest rates this year, and announce plans to reduce its balance sheet by March. It should also explain how he managed to make inflation so erratic and why he was so slow to respond.
Gold prices steadied on Monday as tensions over Ukraine buoyed its safe-haven allure, while investors held off on big moves ahead of a Federal Reserve meeting this week that could provide clues on the U.S. central bank's interest rate trajectory.
Large majorities say that the U.S. is going in the wrong direction, that they are falling behind economically and that political polarization will continue.
Consumers are buying groceries in bulk and switching to less costly store brands, as they pull back on some pandemic spending habits to save money.
Weeks of workers calling in sick have added to continuing supply and transportation disruptions, making grocery store shelves harder to fill.