Gold has all the potential to go unprecedentedly high. But silver will be gold on
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Wolf Richter in an interview on these and other delectable topics on This Week in Money.
Drop in 10-Year Treasury Yield & Mortgage Rates Is Just Another Bear-Market Rally. Longer Uptrend in Yields Is Intact, with ...Dec 6, 2022 - 12:32:22 PST
“Nothing goes to heck in a straight line.” That’s how functional markets adjust to a new reality: Higher inflation, higher rates.
Fed Policymakers Will See ‘They Blew It’ With Interest Rate Hikes, Predicts Starwood CapitalDec 6, 2022 - 12:25:24 PST
The CEO of the private investment firm said during CNBC's Financial Advisor Summit on Tuesday that there's no question that the U.S. is headed for recession.
Investors Yank Money From Commercial-Property Funds, Pressuring Real-Estate ValuesDec 6, 2022 - 12:21:49 PST
Big and small investors are queuing up to pull money out of real-estate funds, the latest sign that the surge in interest rates is threatening to upend the commercial-property sector.
There are emerging signs of fragility in the markets for agency mortgage-backed securities (MBS). As MBS trading volumes declined in 2022, their yield spreads over US Treasuries became unusually volatile compared with those over the past 35 years.
Wasn’t President Biden going to end Donald Trump’s destructive trade wars against allies? Apparently not. His “super aggressive” climate protectionism—to quote French President Emmanuel Macron—is infuriating U.S. friends and may set off a subsidy and tariff war.
Powell Is Fighting Weight of History With "Higher for Longer". The inverted yield curve shows why Fed chair Jerome Powell is fighting a losing battle in his desire to keep policy restrictive for an extended period. Without a radical re-upping of the Fed’s hawkish ante, pressure is likely to remain on Eurodollar spreads and the yield curve.
Global public pension schemes and sovereign wealth funds managing more than $3 trillion in assets fear a combination of economic slowdown and higher inflation in the next 12-24 months, a survey showed on Tuesday.
Why stagflation — and not inflation or deflation — will prevail as the dominant theme for the decade?
Notorious Wall Street DJ and occasional Goldman Sachs Chief CEO David Solomon struck a downbeat note about the economic outlook saying smaller bonuses and even potential job cuts should come as no surprise in 2023.
Here’s What America’s Top Ceos Are Saying About a Possible Recession in 2023Dec 6, 2022 - 11:07:18 PST
The CEOs of JPMorgan, General Motors, Walmart and others are gearing up for a potential economic slowdown in 2023.
Walmart stores are grappling with a jump in shoplifting that could lead to price spikes and closures, Walmart CEO Doug McMillon said Tuesday.
Change is constant, in the economy and everything else. We talk about it often. Yet when we talk about the economy changing, we usually mean the economy’s condition is changing—from expansion to recession, deflationary to inflationary, emerging to developing, etc. That’s different from changes in the economy’s actual structure.
Accounting conventions have hidden immense amounts of foreign-exchange liabilities. We might not know where they are until the next crisis.
The Dow and the S&P 500 have joined the Russell 2000 in the red, erasing all of the massive gains from the post-Powell 'dovish' reaction in stocks...
A "Pivot" bull case pushed investors into the market. We previously laid out the case for a strong "short squeeze." What happens next?
If you want to believe the economy is rip roaring, then you believe ISM. If you think the economy is in recession, then you believe S&P.
Dec 6, 2022 - 07:08:42 PST
Whoop there it is! The US Treasury 10y-2y yield curve descended further into inversion at -82 basis point, the worst since 1981. This is not a good sign, since the 10Y-2Y curve typically inverts ju…
The world economy is facing one of its worst years in the three decades as the energy shocks unleashed by the war in Ukraine continue to reverberate, according to Bloomberg Economics.
Gold To $3000, UnBrexit, & National Meat Bans: Saxo Unveils 2023's 10 'Outrageous Predictions'Dec 6, 2022 - 05:52:21 PST
Gold almost a double and a further massive collapse in the Japanese Yen are just two of the more reasonable forecasts among Saxobank's 10 Outrageous Predictions for 2023.