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The US Military Is Changing the Way It Fights After It ‘Failed Miserably’ in a War GameJul 28, 2021 - 05:30:59 PDT
"They knew exactly what we're going to do before we did it, and they took advantage of it," a US general revealed.
Biden: If U.S. Has ‘Real Shooting War’ It Could Be Result of Cyber AttacksJul 28, 2021 - 05:21:21 PDT
President Joe Biden on Tuesday warned that if the United States ended up in a "real shooting war" with a "major power" it could be the result of a significant cyber attack on the country, highlighting what Washington sees as growing threats posed by Russia and China.
Stimulus Checks and Child Tax Credit Payments Help Prompt Calls To ExpandJul 28, 2021 - 05:17:08 PDT
And as Americans get used to additional financial help, there are calls to make the enhanced tax credits permanent. That includes the child tax credit, and the temporary expansion to the earned income tax credit as well.
Investors are dumping the Chinese yuan and Hong Kong dollar as investors sell off China stocks this week.
Mortgage Rates Just Dropped to a Six-Month Low, and Refinances Shoot HigherJul 28, 2021 - 05:05:34 PDT
Applications to refinance a home loan jumped 9% last week from the previous week, according to the Mortgage Bankers Association.
U.S. Treasury yields climbed on Wednesday morning, ahead of Federal Reserve's latest monetary policy decision.
TRADE UPDATE #2: Fortuna Silver Bounced Off The Major Support Area, Moving Higher & What's NextJuly 28, 2021
This is our second Fortuna Silver TRADE UPDATE. Fortuna's Silver share price bounced off the Major Support Area as we anticipated and has moved up higher today. We are now firmly IN THE MONEY in the trade and have moved up our stop. So, what's next for Fortuna's Share price action?
On Friday we outlined the strange price action in gold. As a quick recap: Because we are in a fiat-based monetary regime, gold trades like any other asset. Specifically, gold typically tracks “real rates” or the actual cost of money …
Gold firmed near the key $1,800 level on Tuesday, as the dollar softened and U.S. real yields plunged.
China's net gold imports via Hong Kong jumped nearly 42% in June after a slump in May, Hong Kong Census and Statistics Department data showed on Monday.
General Electric said on Tuesday it is facing inflationary pressure that is set to intensify, particularly at its jet-engine business, for the remainder of the year.
Kyle Bass Says There Is "No Defense" For Investing In China, Warns COVID Likely A BioweaponJul 27, 2021 - 11:39:19 PDT
With Chinese stocks in free fall, it was only a matter of time before Hayman Capital founder Kyle Bass - one of Wall Street's most vocal critics - showed up to say 'I told you so'.
The Fed Could Sound More Worried About the Virus and Less Ready To Tighten PolicyJul 27, 2021 - 11:12:59 PDT
When the Fed emerges from its July meeting on Wednesday, it may sound a bit more dovish than expected just a few weeks ago.
"Without significant monetary and regulatory reform, our recovery from the Covid-19 recession will not only not fix these negative conditions, but will only set up the U.S. for our next recession, one that will almost certainly be even more severe."
Why a glut of Treasurys and other "risk-free" investments could be an even bigger problem for the economy.
If America somehow managed to educate millions of college students without burdening them with $2 trillion in debt in 1993, why is it now "impossible" to do so, even as America's wealth and gross national product (GDP) have both rocketed higher over the past 27 years?
A new ABC News/Ipsos poll shows most disapprove of Biden’s handling of gun violence, immigration, and crime.
Home Builders Hold the Most Homes For Sale Since December 2008.
But They Bought More Expensive Homes than Americans. Purchases by buyers from China collapsed by 84% since the peak in 2017.
Thousands Of Ships, Millions Of Troops: China Is Assembling a Huge Fleet For War With TaiwanJul 27, 2021 - 08:25:25 PDT
To have any chance of conquering Taiwan, China might need to transport as many as two million troops across the rough 100 miles of the Taiwan Strait and land them under fire at the island’s 14 potential invasion beaches or 10 major ports.