Precious metals are apparently waking up. And here is where you can find the best deals.
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The Federal Reserve saved the corporate bond market after it froze last year. Now regulators want Wall Street to pay the price for that rescue, and the industry is already pushing back.
Strategists at Bank of America led by Savita Subramanian say Wall Street already is starting to price in infrastructure spending that could reach $4 trillion. They say the ratio of the S&P 500’s SPX market cap to the M2 measure of money supply is an unusually high 1.7, compared with the average of 1.4 since the 2008 financial crisis.
European Central Bank President Christine Lagarde said policy makers won’t shy away from using all their powers should investors try to push bond yields higher. “They can test us as much as they want,” she said in a Bloomberg TV interview on Wednesday. “We have exceptional circumstances to deal with at the moment and we have exceptional tools...
Richmond Federal Reserve Bank President Thomas Barkin on Tuesday said he is very "bullish" on the U.S. economy this year, and expects household savings accumulated during the COVID-19 pandemic to help fuel growth in 2022 and 2023 as well.
US money supply growth hit another all-time high in February as the Federal Reserve continues to churn out dollars and inject them into the economy.As measured by the True Money Supply Measure (TMS), the money supply grew by 39.1% year-on-year. That was up slightly from January's record growth of 38.7%.
The implosion of New York-based Archegos Capital Management and the resulting losses for global banks is likely to intensify regulatory efforts to curtail the ballooning shadow banking sector and shed light on its risks. Scrutiny of nonbank was already a priority for Democratic lawmakers and Treasury Secretary Janet Yellen after hedge funds were involved...
Euro zone inflation jumped to 1.3% in March from 0.9% in February, according to a flash estimate from Eurostat on Wednesday.
10-Year Treasury Yield Holds above 1.72% Ahead of Biden Infrastructure SpeechMar 31, 2021 - 05:19:54 PDT
The 10-year U.S. Treasury yield held above 1.73% on Wednesday morning, ahead of the release of private payroll data.
Private Payrolls Rose by 517,000 in March, vs 525,000 Estimate, ADP SaysMar 31, 2021 - 05:17:58 PDT
Companies added 517,000 workers for the month, a spike from the 176,000 in February though just below the 525,000 Dow Jones estimate.
President Biden Will Unveil His $2 Trillion Infrastructure Plan Today – Here Are the DetailsMar 31, 2021 - 05:15:03 PDT
President Biden hopes to pass a $2 trillion infrastructure and economic recovery package to jolt the economy after approval of a Covid relief plan.
Higher mortgage rates are hitting the refinance market hard, and they are starting to take their toll on homebuyers.
While the paper price doesn't show it yet, the silver market continues to experience high demand and tight supply. In this update, I discuss what is taking place in the wholesale and retail silver market. Earlier today I spoke with Dan at Could Hard Assets about the retail silver bullion...
We all know silver is a small market and therefore volatile. We also know it outperforms gold. And if you’ve participated in one of its spikes, you know the gains can be both quick and breathtaking. But what some investors may not be aware of is that those spikes have historically not lasted long. The bull market may last a long time, but the big spikes are usually short-lived.
Silver is a superior conductor of electricity. It is critical in all stages of electrification infrastructure – from solar panels, to charging stations, to battery connections, to just about every electronic system that consumes power.
Gold and silver have seen significant selling pressure over the last two days. Join Mike Maloney and Jeff Clark as they discuss this and more latest news.
Two diverging schools of macro thoughts are prevalent today. One calls for a “Roaring 20s” redux while the other believes in a forthcoming liquidity crisis. Both narratives have valid points and flaws. To be clear, we find ourselves right in between the two. Let us elaborate.
More Than 1 Million Student Loan Borrowers in Default Now Eligible for ReliefMar 30, 2021 - 12:26:49 PDT
A subset of student loan borrowers who were ineligible for the current payment pause and interest waiver will now be covered.
Mar 30, 2021 - 11:44:52 PDT
It seems some are just waking up to the size and scope of the president's federal tax plan. "The largest federal tax increase since 1942," is how The New York Times, in a front-page news article, is describing President Joe Biden's plan for the American economy.
Detailed report on consumer debt trends in the U.S. during the COVID-19 pandemic including trends by age and product.