Gold has all the potential to go unprecedentedly high. But silver will be gold on
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The "quits rate" hit a record 2.7% in April. Private workers quit at a record 3.1% rate.
Leaders of the G-7 nations met this week. There are disputes on China but some agreements on taxes. Beware of the agreements.
The spend increased from around $300 million per year nearly 12 years ago.
Historically, meetings of the largest economies in the world have been essential to reach essential agreements that would incentivise prosperity and growth. This was not the case this time. The G7 meeting agreements were light on detailed economic decisions, except on the most damaging of them all. A minimum global corporate tax. Why not an agreement on a maximum global public spending?
The stock market bubble continues to inflate, while the price of silver remains range-bound. But a reversal in those two asset classes is coming, and based on history it could be one for the record books.
Gold prices fell more than 1% on Monday, weighed down by a stronger dollar and easing concerns about inflation.
Let's investigate the relationship between real interest rates and the price of gold.
This price action has pushed some to suggest the Fed should take comfort in the markets’ agreement with the central bank’s narrative on current price rises being transitory. While there may be some merit to this view, it would be unwise to give it much weight.
European Central Bank tensions over how and when to discuss ending its emergency bond-buying program are starting to bubble over into the public domain.Little more than an hour after President Christine Lagarde said in an interview that it is “far too early” to debate when to end the stimulus, Austrian central-bank Governor Robert Holzmann said the program will...
The size and type of defaults that have occurred in China in recent times indicate that the notion of “too big to fail” may no longer apply to the nation’s borrowers, according to Goldman Sachs Group Inc.There has been a noticeable up-tick in defaults by Chinese state-owned enterprises since late 2019 and some of the borrowers that have failed to repay debt...
.Federal Reserve officials this week could project interest-rate liftoff in 2023 amid faster economic growth and inflation, but they won’t signal scaling back bond purchases until August or September, according to economists surveyed by Bloomberg.More than half predict the quarterly rate-forecast “dot plot,” released after the conclusion of the Fed’s...
Wall St Week Ahead Fed Meeting Looms for Stocks As Inflation Worries Collide With MarketsJun 14, 2021 - 05:36:41 PDT
Investors will be zeroing in on the Federal Reserve’s monetary policy meeting next week as a "Goldilocks" market environment that has helped lift stocks to record highs and tamed a bond selloff is tested by rising inflation.
Markets Are Leaving Little Room for the Fed to Be Wrong on Inflation: WSJJun 14, 2021 - 05:35:33 PDT
The Fed is probably right that this burst of inflation is transitory. But investors need to pay attention to the risk that it is wrong, too.
U.S. inflation is back in the news after being dormant for years, potentially affecting how Americans think about price pressures after not thinking about them much at all.The Federal Reserve says expectations that inflation will stay near its 2% target will help to ensure the current surge in consumer prices, which jumped 5% in May, will be temporary.
Global Shipping Delays Are So Bad Home Depot Contracted Its Own Container ShipJun 14, 2021 - 05:27:58 PDT
The home improvement retailer is one of many companies facing supply chain challenges and trying to find creative solutions to keep merchandise in stock.
Paul Tudor Jones Says Bet Heavily on Every Inflation Trade if Fed Keeps Ignoring Higher PricesJun 14, 2021 - 05:24:44 PDT
Jones, a prominent Wall Street figure who called the stock market crash in 1987, is the founder and chief investment officer of Tudor Investment Corporation.
Bitcoin Pops Back Above $39,000 After Musk Suggests Tesla Could Accept the Cryptocurrency AgainJun 14, 2021 - 05:22:52 PDT
Elon Musk said Sunday that Tesla will resume bitcoin transactions once the firm confirms there is "reasonable" clean energy usage by miners.
G-7 Wants To Rival China’s Belt and Road Plan — But It Won’t Stop Beijing, Expert SaysJun 14, 2021 - 05:18:51 PDT
The G-7 infrastructure plan is part of a broad collective push back against China on issues ranging from human rights abuses to non-market practices.
Treasury yields climbed slightly higher on Monday morning, with investors gearing up for the Federal Reserve's two-day policy meeting this week.
‘Shocking’ Inflation Numbers Will Fall Back to Earth and Hurt Reopening Trades: David RosenbergJun 14, 2021 - 05:12:34 PDT
David Rosenberg of Rosenberg Research sees the inflation comeback as a temporary phenomenon caused by enormous pent-up demand and supply chain issues.