Gold has all the potential to go unprecedentedly high. But silver will be gold on
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The year’s highlights in buck-passing feature petulant politicians, brazen bureaucrats, careless cops, loony lawyers, and junky journalists.
Quantitative tightening in 2022 has lagged relative to expectations, but next year the pace is set to pick up. Money-market funds’ (MMFs) continued lack of interest in buying Treasury bills would mean QT will have an increasingly negative impact on liquidity and risk assets.
Spain on Tuesday announced 10 billion euros ($10.65 billion) worth of measures to ease the pain of inflation in the third major package this year, bringing total aid to 45 billion euros since early 2022.
No dear, this is not seasonal.
The Fed ignored all three occasions hoping to make up for "lack of inflation". The Fed "succeeded" beyond it's wildest dreams.
12 States Allow Home Equity 'Theft' Over Homeowners' Tax Payment Shortfalls, Study SaysDec 28, 2022 - 07:42:30 PST
Twelve states and the District of Columbia allow local governments and private investors to seize dramatically more than what is owed from homeowners who fall behind on property tax payments, according to a new report.
Existing home sales crashed but new home sales rebounded in November, which leaves today's pending home sales as the deciding vote for just how apparently dismal the US housing market really is.. and the decision is - the housing market is in trouble as pending home sales tumbled 4.0% MoM (vs -1.0% exp) and October's drop was revised even deeper...
Jay Powell finally got Christine Lagarde to capitulate. Now the Spiritual Boomers in the Financial Press will have to face reality.
The mainstream assumption is the status quo will continue on much as before. This isn't just unlikely, it's impossible if total energy produced and consumed declines.
It will add to the ballooning $31.4 trillion national debt and hasten the country's lurch toward a fiscal and monetary crisis.
Dec 28, 2022 - 07:02:09 PST
RBI emerged as the largest buyer of the yellow metal among central banks between April 2020 and September 2022.
The price of gold in Egypt has risen to unprecedented highs as nervous savers seek refuge from a weakening currency and some companies export bullion to raise scarce dollars to fund imports, industry experts say.
We shall see as 2023 begins to unfold, with the movement of the dollar being a key factor for how various asset classes will move.
Gold prices on Wednesday fell from last session's six-month peak as the U.S. dollar firmed and Treasury yields remained elevated, while investors weighed the worsening COVID situation in top bullion consumer China. Spot gold fell 0.5% to $1,804.48 per ounce by 1226 GMT, having hit its highest since the end of June on Tuesday...
Global Recession ‘Crosscurrents’ Lead 2023 Expectations to Be Deeper Rather Than Shallow: StrategistDec 28, 2022 - 06:07:22 PST
Federated Hermes Head of International Equity Group Martin Schulz and Sound Planning Group CEO David Stryzewski join Yahoo Finance Live to discuss global economic growth, expectations for the Fed in 2023, wage growth and the labor market, and how to adjust investment strategies to the current economic climate.
The global economy likely faces a decade of sluggish growth, according to Daniel Lacalle, author and chief economist at Tressis Gestion.
MarketVector Indexes Digital Asset Product Strategist Martin Leinweber discusses the past year in the crypto markets and his predictions on categories that are most promising for next year.
Hopefully though, next year will not be so bad for assets, because the cycle of global liquidity is bottoming out. Part of my reasoning is that quantitative easing programmes by central banks to support markets are impossible to reverse quickly because the financial sector has become so dependent on easy liquidity. The very act of quantitative tightening creates systemic risks that demand more QE.
The European Central Bank has set the minimum capital requirements for Banca Monte dei Paschi di Siena (MPS) for next year and also removed a ban on the distribution of dividends, the lender said in a statement on Tuesday. The ECB told Monte dei Paschi it must maintain a Common Equity Tier 1 ratio - a measure of financial strength...
Bond markets returning from holiday Wednesday joined a global yield surge that prompted additional purchases from the Bank of Japan.