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Investors banking on strong corporate results to lift stocks need to watch out for the "canary in the coal mine" says Ben Laidler, eToro global markets strategist. He tells Yahoo Finance’s Rachelle Akuffo to expect a “down earnings season” in the first quarter as he laid out his roadmap for how he thinks corporate results will shakeout in the wake of March's banking...
Today is tax day.I'm not pleased.I don't know about you, but that means my bank account balance will be significantly smaller later this evening. I'm going to have to write a big check. But hey, this is the price I pay for a more civilized society.
Peter Schiff recently appeared on Real America with Dan Ball to talk about the weakening US dollar, the less-than-stellar jobs report, and the trajectory of the economy.Peter kicked off the interview with a startling statement when Dan said whether it's oil, de-dollarization, or President Biden's horrible economic policies, everything is pointing toward a recession this year.
COPPER MINING MEET THE ENERGY CLIFF: The Global Copper Mining Supply Gets Into Serious Trouble After 2025April 18, 2023
In just a few short years, the Copper Mining Industry will reach peak production, which will signify the pinnacle of the Global High-Tech Economy. Thus, the idea that AI or ChatGPT will be the new "Game Changer" for the human race, will also fade away into history as another high-tech delusion...
According to InvestingHaven’s market readings, silver is now starting a new wave in its secular bull market. In a way, it’s official now. The writing was on the wall, we were there, even in the public domain, with this market call: This Giant Bull Flag Will Be Fuel For A Big Explosion In 2023. To […]
Apr 17, 2023 - 13:05:15 PDT
Because gold is honest money it is disliked by dishonest men.” — Ron Paul
Buying physical gold is a time-proven method of securing generational wealth, and a security measure often taken in times of economic turbulence.
A monthly chart view of the gold price projects a break to the blue sky, but needs to confirm a breakout first (and endure the noise of an ‘in the bag’ banking sector)...
Apr 17, 2023 - 13:00:14 PDT
Both Shanghai Gold Benchmark PM (SHAUPM) in RMB and the LBMA Gold Price AM in USD surged in March, ending Q1 with sizable returns...
"Real Estate Bubble DESTINED To Pop" - Will Commercial Property Be the Pin?Apr 17, 2023 - 12:41:39 PDT
Mike shares a few highly concerning warning signs the real estate collapse is already happening.
Another Country Rich in Gold and Silver Makes Itself a Slave to the U.S. DollarApr 17, 2023 - 12:11:14 PDT
...many Bolivians are withdrawing their dollar deposits or rushing to buy the U.S. currency amid increased concern about Bolivia's economic fragility, a marked change for a country that for more than a decade experienced what many called an "economic miracle" amid strong growth, record exports, low inflation, a fixed exchange rate, and subsidized gasoline.
Brace for QE All Over Again, and Let Us Get It Right Next Time: Ambrose Evans-PritchardApr 17, 2023 - 11:57:55 PDT
Current levels of inequality and threats to democracy can be tied back to the last botched QE attempt. If you thought that zero rates and quantitative easing were a bad dream that we can all forget, you may be in for a surprise. It is again becoming clear that deflation remains the overarching structural threat to the world economy.
What's the big deal about the federal debt ceiling? The controversy in Washington suggests that the federal government won't be able to spend as much money if it can't keep borrowing to do so.
The dollar edged higher on Monday after the April survey of business activity in New York state rose for the first time in five months and bolstered expectations the Federal Reserve will raise interest rates in May.
(Bloomberg) -- Christine Lagarde warned that changes in the world economy induced by geopolitics pose a challenge to the European Central Bank and its peers.Most Read from BloombergFirst Republic Worked Hard to Woo Rich Clients. It Was the Bank’s UndoingBud Light Kicked a Hornet’s Nest and Ran AwayIn Morgan Stanley CEO Race, Wealth Boss Emerges as One to WatchSchwab Leaders Say Firm Can Withstand Storm After Deposit DrainA $300,000 Salary Feels Like $100,000 in The Priciest US Cities“We are witn
There is a growing chance Washington “will bumble into the first default in our nation’s history,” the Republican said.
U.S. banking heavyweights set aside billions of dollars in the first quarter to account for potential bad loans, as rising interest rates turn up the heat on borrowers who are just starting to see some relief from inflation.
Call it luck or stellar crisis management. China, one of the world’s most indebted nations, has not experienced a full-blown financial crisis, yet. There were a few close calls. In 2019, the government had to seize a regional bank, for the first time in decades, to prevent a run on deposits. Last year, a wave of real estate developer defaults ended up with homebuyers...
“It’s not just from within. There is a run on the United States from certain nations and business interests around the world. Just like there was a run on banks after the collapse of Silicon Valley Bank, many nations are either thinking about — or actually proceeding with — transferring at least a portion of their allegiance, assets and commitments from the ‘Bank of the U.S.’ to the ‘Bank of China’ or elsewhere.”
Spotting trend changes is the key to economic forecasting. They don’t happen often. Most of the time, this year will be similar to last year. The pace varies but the overall trend continues… until it doesn’t.
Heritage Foundation economist Peter St Onge says China’s efforts to remove the U.S. dollar in trade would lead to ‘erosion in our national power and influence.’ He also discusses the strengthening ties between Brazil and China.