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JPMorgan Chase & Co. strategist Marko Kolanovic said he is “turning more defensive,” recommending that investors fade this year’s stock rally because “a recession is currently not priced into equity markets.
Why January’s CPI Report Could Deal a Massive Blow to the Stock Market: MWFeb 14, 2023 - 05:27:41 PST
The stock market's rally to start 2023 could fizzle if Tuesday's highly-anticipated U.S. inflation report dashes hopes for a quicker retreat in the cost of...
While equity markets are on a relentless march higher amid optimism around stronger economic growth and cooling inflation, most investors aren’t convinced the gains will last, according to Bank of America Corp.’s latest global fund manager survey.
Bank Lobbyists Threaten Higher Credit Card Costs if Late Fee Cap Is EnactedFeb 14, 2023 - 05:23:14 PST
The proposal set forth this month by the government seeks to reduce the limit from $30 for an initial late payment to $8 each.
For the first time in a long time, stock and bond markets are flashing divergent signals on the economy and future Federal Reserve policy. Tuesday’s inflation report will go a long way in determining which one is right.
January credit and debit card spending accelerated in January compared to December, according to new data from the Bank of America Institute. Spending per household rose 5.1% from a year earlier, speeding up from a 2.2% increase in December and showing particular strength in areas like travel and eating out.
January CPI Preview: Inflation Likely Rose 0.5% In 2023’s First Month, Consensus SaysFeb 14, 2023 - 05:18:35 PST
The Bureau of Labor Statistics' January Consumer Price Index (CPI) is scheduled for release at 8:30 a.m. ET on Thursday.
U.S. stock futures crept higher in the early trade Tuesday as Wall Street awaited a major inflation reading poised to direct expectations on the Federal Reserve's path forward for interest rates.
China imported 1,343 tons of gold in 2022, the highest import level since 2018. Total gold imports for the year were up 64% over 2021.China ranks as the world's biggest gold consumer.
There is apparently a new economic buzzword out there - supercore inflation.CNN says this is a buzzword we all need to pay attention to.Why?
The U.S. dollar’s devaluation, due to inflation and geopolitical tensions, will drive gold up considerably this year, says prominent hedge fund manager John A. Paulson.
Feb 13, 2023 - 13:03:43 PST
GoldSeek Radio Nugget -- Alasdair MaCleod: An international gold-backed currency could soon gain global hegemony.
Congress should simply direct the US Treasury to value its gold holdings, which are real, at real market prices.
he People’s Bank of China (PBOC) increased reserves by about 15 tons in January, according to data on its website on Tuesday, pushing its total to 2,025 tons.
Gold was just slammed hard in a sharp selloff, plunging over 4% in only two trading days! That really freaked out traders, gutting bullish sentiment and leaving them worried about more serious downside. It didn’t have to though, as gold’s powerful young upleg was increasingly due for a pullback. These are essential periodically to maintain uplegs’ health, keeping sentiment balanced to maximize their ultimate gains.
Feb 13, 2023 - 12:25:10 PST
According to a Yale School of Management study, in 2013 JPMorgan Chase had 1,339 hedge fund clients. As of July of last year, that number had soared to 4,281 according to the annual Convergence Inc. study.
Mark Thornton takes a look back at US stock markets, the national debt, and Fed policy (ZIRP, money supply, and its balance sheet).
Three Reasons Why Secession and Decentralization Are Better for Human RightsFeb 13, 2023 - 11:59:22 PST
[This article is the Introduction to Breaking Away: The Case of Secession, Radical Decentralization, and Smaller Polities.] The world is now, and has always been, politically decentralized. At no time in history has all of humankind been ruled by a single political regime.
United States has told its citizens to leave Russia immediately due to the war in Ukraine and the risk of arbitrary arrest or harassment by Russian law enforcement agencies.
Risky assets may be in trouble now that one-off liquidity injections from global central banks that have been fueling a market rally in recent months have come to an end, according to Citi strategist Matt King.