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Standard Chartered announced today its Global Market Outlook report which examines major asset classes globally. In its report, the Bank highlighted key opportunities for investors to capture income through increasing allocation to Bonds and Gold while dialing back overall exposure to equities.
The latest promising research on fighting these stubborn, smart superbugs is, quite simply, gold. Presenting their novel research in Copenhagen this week, researchers from the Barcelona Institute for Global Health found very promising results when they lined up 19 gold compounds against several types of multidrug-resistant bacteria isolated from patients.
Precious metals are back in the spotlight in 2023 as signs of economic slowdown continue to surface and cause uneasiness among investors, in turn driving up the appeal of safe havens.
The collapse of California-based Silicon Valley Bank (and Signature Bank in New York) on March 10, 2023, sent shock waves through the international financial system. It not only made bank stocks and bank bonds fall sharply but also finally brought ailing banking giant Credit Suisse to its knees.
Money-Supply Growth Fell to a 50-Year Low in February. Will the Fed Panic?Apr 19, 2023 - 12:33:46 PDT
Money supply growth fell again in February, falling even further into negative territory after turning negative in November 2022 for the first time in twenty-eight years. February's drop continues a steep downward trend from the unprecedented highs experienced during much of the past two years.
In a recent NYT column, economist Paul Krugman mocks Florida Governor Ron DeSantis, who warned that a central bank digital currency (CBDC) would give the government too much power over Americans.
Together, these factors generate a self-reinforcing cycle of debt saturation, declining collateral and credit contraction.
The European Union on Tuesday proposed making it harder for states to pour billions of euros of aid into an ailing bank, as Italy did with Monte dei Paschi di Siena six years ago.
"The tax code’s complexity has created an environment in which tax-preparation services, lobbyists, favored industries, and politicians thrive, while taxpayers struggle to make sense of ever-changing rules and regulations." ~ Antony Davies
Sounds like the mainstream media is finally beginning to pick up on ideas Mike Maloney shared over 10 years ago.
Beige Book Sees Slowdown In Employment And Inflation, Sharp Tightening In Credit Standards And Spike In "Liquidity" ConcernsApr 19, 2023 - 12:06:03 PDT
The Fed's latest Beige Book, which based on information collected on or before April 10, 2023, indicated seemingly little change in the Us economy, reporting that "overall economic activity was little changed in recent weeks" but when one reads deeper between the lines, some stark issues begin to emerge.
As US Debt-Ceiling Debacle Looms, Goldman Warns Of Stock & Bond Yield Declines, Dollar BidApr 19, 2023 - 12:04:56 PDT
US Sovereign credit risk protection has never cost so much as it currently does...
House Republicans To Propose Lifting Debt Limit By $1.5 Trillion, Or Until March 31 2024Apr 19, 2023 - 12:03:37 PDT
House Republicans will propose lifting the debt ceiling by $1.5 trillion, or until March 31, 2024 - whichever comes first, according to Punchbowl News' Jake Sherman.
A new rule from the Biden administration will force homebuyers with good credit scores to pay higher mortgage rates in order to subsidize loans to those with riskier borrowing profiles, the Washington Times reports.
I wrote about this in 2011 in Chapters 1 and 2 of my book Currency Wars. The scenario I presented at the time was that Russia and China would accumulate large gold reserves, pool their gold and launch a new digital currency backed by gold in place of the U.S. dollar.
Where Have a I Read This Before?: Bernanke Says US Could Be Facing A Mild RecessionApr 19, 2023 - 09:10:01 PDT
I'll remind everyone this Fed prediction of a mild recession in 2008 turned into the Global Financial Crisis and the wrost recession since the Great Depression.
Apr 19, 2023 - 08:30:55 PDT
Hoisington Management's 2023 First Quarter Review by Lacy Hunt is another gem.
Before considering the dollar's role as the world's reserve currency is ending, we ask you to consider four reasons.
While the US is pointing its finger to African debt issue, its own domestic economy is on the verge of trouble. Washington's monetary policy has shifted from extreme easing, to radical interest rate hikes, triggering multiple US banks to collapse as well as subsequent negative chain reaction around the world. How can the US, whose financial policy is so irresponsible and self-serving...
Now it is firmly ensconced among the climate change cult that eating meat is killing the planet and you must ‘eat ze bugs’, the same people have a new target, rice.