Gold has all the potential to go unprecedentedly high. But silver will be gold on
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Precious metals news
Dec 12, 2022 - 06:25:22 PST
When I was younger, I was taught that if you cannot say something nice, don't say anything at all. Well, when many of you have asked why I have not written about metals in quite some time, now you know the reason.
Dec 12, 2022 - 06:14:53 PST
Inflation has cooled from four-decade highs — but the Fed's "road from here does not get much easier," El-Erian warned Monday.
Dec 12, 2022 - 06:12:57 PST
Nearly 30,000 people currently in the hospital have tested positive for Covid-19, up 30 percent since Thanksgiving.
The dollar eased on Monday but its losses were contained by data last week that showed U.S. wholesale inflation rose more than expected last month, reinforcing the view that the Federal Reserve may have to keep interest rates higher for longer.
The risks to the outlook for stocks are plentiful in 2023, warns Deutsche Bank.
A strategic review is planned for 2025 at the earliest. Given its mistakes, it needs one now.
Recent volatility in home prices and rents has been a long time coming. Fixing it will require abandoning outdated policy frameworks.
Authorities Are Urging Indoor Masking in Major Cities as the ‘Tripledemic’ RagesDec 12, 2022 - 06:07:04 PST
The CDC is advising people to practice indoor masking in nearly a tenth of U.S. counties, as three highly contagious respiratory viruses sweep the country.
Britain’s darkening economic outlook is set to leave Bank of England policy makers the most divided ever over how much to raise interest rates, with the prospect of the first-ever four-way split.
Companies that offer auto loans, mortgages and buy-now-pay-later programs are retrenching.
Utility Bills Rise as Americans Pay Off Storm-Recovery Costs for Decades to Come: WSJDec 12, 2022 - 06:03:16 PST
Customers will pay billions of dollars in fees arising from severe weather in recent years, as companies pass along extraordinary costs of energy and repairs.
Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, poses for a portrait at his office in Hong Kong last year. Scandal and turmoil have filled his world
Thematic investing can be traced as far back as 1948 when a mutual fund named the Television Fund was launched. And if it’s lasted this long, it can survive the ravages of an inflation-lashed year — at least as far as proponents like Kenneth Lamont are concerned.
Wall St Week Ahead U.S. stock rally faces gauntlet of CPI data, Fed meetingDec 12, 2022 - 05:56:23 PST
A double dose of potentially market-moving U.S. events next week could set the tone for asset prices in the rest of 2022 and beyond, as investors brace for a key inflation report followed by the last Federal Reserve meeting of the year.
Analysis: U.S. financial conditions have eased. So far the Fed is okay with itDec 12, 2022 - 05:55:29 PST
Over the past six weeks or so, U.S. mortgage rates have fallen, stock prices are up, and yields on corporate debt have dropped, all signs that financial conditions are easing even as the Federal Reserve continues to wage war on 40-year-high inflation.
With an arctic blast hitting, Stockholmers woke on Friday to a fresh dusting of snow and skaters came out in force to enjoy the giant ice rink in the city’s historic Kungstradgarden park. The cold snap gripping the continent will continue into next week — with forecasts for sub-zero temperatures in Germany and snow in parts of the UK.
Prices for vegetables have almost doubled since last year after the states that grow fresh produce for the US winter saw water cuts and storms that decimated supply.
Years of easy monetary policies have helped to produce some $65 trillion in hidden dollar debt around the world.
Binance Is Trying to Calm Investors, but Its Finances Remain a Mystery: WSJDec 12, 2022 - 05:49:39 PST
The crypto exchange has begun releasing data to shore up investor confidence following the collapse of FTX.
I’ve been eagerly anticipating the Fed’s Q3 Z.1 report. As expected, Credit growth slowed somewhat. At a seasonally-adjusted and annualized (SAAR) $3.284 TN pace, Non-Financial Debt (NFD) growth slowed from Q2’s SAAR $4.318 TN and Q1’s SAAR $5.438 TN. NFD ended September at a record $68.463 TN, or 266% of GDP. Unless Q4 Credit growth surprises to the downside, 2022 debt growth will be second only to 2020’s onslaught.