Gold has all the potential to go unprecedentedly high. But silver will be gold on
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The Bank of Japan is putting more emphasis on an inflation gauge that excludes fuel costs, and will likely raise its projections for the index's growth in quarterly forecasts due this month, said three sources familiar with its thinking.
China’s central bank reiterated it will implement monetary policy that’s targeted and “forceful” this year to help support the economy, while the State Council warned of price risks in coming weeks.
U.S. online spending during the 2022 holiday season rose by a better-than-expected 3.5%, a report by Adobe Analytics showed, as retailers used hefty discounts to lure inflation-weary consumers into spending on everything from toys to electronics.
It is telling that executives and directors haven’t been scooping up their own stocks, even as market declines have lowered share prices.
The U.S. auto industry posted its worst sales year in more than a decade in 2022 as supply-chain snarls and poorly stocked dealerships dented results for many car companies.
Data points suggest the central bank could be too hawkish. But markets made a mistake clinging on to them 12 months ago, too.
Central bankers remained committed to wrestling inflation lower, and wanted to make sure investors understood that message, minutes from the Federal Reserve’s December meeting showed.
Global regulators are set to sharpen their scrutiny of hedge funds, clearing houses and pension assets this year after a run of crises has shifted watchdogs’ focus towards risks outside the banking system. The disparate group, loosely defined as “non-bank financial institutions” by regulators, has been thrust into the spotlight after a series of market ructions over the past two...
Gita Gopinath, a deputy managing director of the Fund, urged the U.S. central bank to press ahead with rate rises this year. She said it was important for the Fed to "maintain restrictive monetary policy" until a "very definite, durable decline in inflation" was evident in wages and industries not related to food or energy. "If you see the indicators in the labour market and if you...
The world’s pile of negative-yielding debt has vanished, as Japanese bonds finally joined global peers in offering zero or positive income.
Following this morning's better than expected ADP print (and a 129% YoY rise n job cuts reported by Challenger Grey), all eyes are on the claims data for any hints of what is to come in tomorrow's payrolls data. The number of Americans filing for first time unemployment claims rose by 205k last week (less than the 225k expected).
Amazon's headcount reduction is a sign the consumer has cut back on discretionary spending to weather the more than 19 months of negative real wage growth, plunging personal savings, and maxed-out credit cards with some of the highest interest rates ever.
This is not what Powell and his pals wanted to see at all! Following last month's big miss, analysts expected a modest uptick of 150k new jobs in today's ADP Employment Report, but instead - and frustrating for The Fed - ADP reports the addition of 235k jobs in December.
Stock Futures Slip After Strong Jobs Data Is Likely to Keep Fed in Hiking ModeJan 5, 2023 - 05:25:33 PST
Stock futures fell Thursday after private payroll data showed the labor market is still strong amid the Federal Reserve’s interest rate hikes to tame inflation.
The November Trade Deficit saw the first contraction in four months and actually fell to the lowest level since October 2020. This was primarily driven by a collapse in Imported Goods as shown below.
DIAMONDS THE MOST CONCENTRATED FORM OF WEALTH: Why Diamonds Are The Most Portable WealthJanuary 5, 2023
The secret known by many wealthy investors is that Diamonds are the most portable form of wealth in the world. Jacques Voorhees, known as the Father of online Diamond Trading, explains why Diamonds provide investors with the highest concentrated form of wealth when it's critical to move quickly...
Jan 4, 2023 - 12:42:39 PST
Rich Dad Poor Dad author Robert Kiyosaki has predicted that the price of gold will soar to $3,800 this year while silver will hit $75.
Our weekly Commitment of Traders update highlights future positions and changes made by hedge funds and other speculators across commodities and forex during the week to Tuesday, December 27. A week that saw speculators showing a continued and broad interest in adding exposure to commodities, led by oil, gold and corn. The dollar short extended further as the euro long reached a 23-month high
We may be approaching such a time. Why now?
Negative growth, high inflation, unsustainable debt and poison politics in the US will all drive investors to dump the dollar.