Precious metals are apparently waking up. And here is where you can find the best deals.
Site:
Precious metals news
Larry McDonald, founder of the investment research service The Bear Traps Report, expects that the ongoing rotation out of tech stocks will cause tectonic shifts in global financial markets. He is betting on the comeback of value and commodity stocks.
The European Central Bank is aiming to stop bond yields from rising before the pandemic-hit euro zone economy is ready to digest higher borrowing costs, the ECB's chief economist Philip Lane said in an interview published on Tuesday.
Government relief programs and lenders’ forbearance have kept U.S. small businesses from defaulting on their debt en masse as revenue slumped during the pandemic crisis...
Profligate money printing by the US Federal Reserve and by other Western central banks has amounted to around $10 trillion over just the last year. The amount of currency in circulation has grown to $2 trillion, breaking a record set in 1945 and showing an almost 12% increase over 2019.
U.S. Retail Sales Drop 3% in February before New Round of Stimulus ChecksMar 16, 2021 - 12:24:31 PDT
The numbers: Sales at U.S. retailers fell 3% in February due to a lapse in government aid and unusually bad weather, but cash registers are expected to ring loudly again soon after Washington sent $1,400 stimulus checks to most Americans.
Find here the top 5 charts of the day, published on Twitter, that attracted attention among the macroeconomic and/or financial community.
In the short-term markets are often defined as either bullish or bearish, however, a study of the full-market cycle may explain long-term bubbles.
Depending on where you live saving for a down payment on a home might be anywhere from easy to impossible.
The Hopeful News for Social Security's Deficit of $16.8 Trillion Buried in the $1.9 Trillion BailoutMar 16, 2021 - 10:44:24 PDT
On the other hand, if Congress tries to weasel out of fully funding Social Security in a few years’ time, this rescue of private sector union pensions is going to look like an outrage.
Taxing Rich Americans Gains Steam as States and Biden Administration Float PlansMar 16, 2021 - 10:25:45 PDT
Several states are unveiling new tax proposals, adding to an effort by the Biden administration and Senate Democrats to tax ultra-rich Americans and corporations.
Tony Dwyer, Canaccord Genuity Chief Markets Strategist joins Yahoo Finance Live to discuss how markets are faring as investors worry about rising rate hikes amid the pandemic.
Here’s the List of the Top 20 States Getting ‘COVID’ Bailout Money (Why It Raises a Giant Red Flag)Mar 16, 2021 - 09:59:19 PDT
As President Biden tells it, this $350 billion is much-needed aid that will allow municipal governments facing massive COVID-related revenue pitfalls to pay their front-line emergency responders and essential personnel. But the facts reveal a different story.
Goldman then notes that the simplest thing that Powell could do at tomorrow's meeting to limit the risk that market pricing becomes disconnected from the Fed’s plans in coming months "might be to simply reiterate and clarify the scattered hints that Fed officials have already provided about the timeline for tapering", which as we noted above, is what markets are really concerned about.
Federal Reserve officials will likely note an improving economic outlook at their policy meeting this week, while also stressing that it is too early to change their plans on interest rates and bond purchases.
Investors Now Fear Inflation and the Fed More Than COVID, Bank of America Survey ShowsMar 16, 2021 - 08:56:12 PDT
Inflation now has become the biggest “tail risk,” or outlier event, that could cause the most damage, the widely followed gauge of professional investors showed.
A monthly index measuring builder confidence in the single-family housing market fell, as homebuilders face rising interest rates and rising material costs.
US Industrial Production Unexpectedly Plunged In February, Auto Manufacturing CrashedMar 16, 2021 - 08:36:49 PDT
US Industrial Production was expected to rise (+0.3% MoM) for the 9th month of the last 10 in February (the last 'clean' pre-COVID print before last March's collapse, which will spark YoY comp chaos). But, instead, industrial production tumbled 2.2% MoM - the biggest plunge since April 2020. That pushed the YoY drop in production down to 4.25%...
... with “long tech” still deemed most crowded trade (then long Bitcoin & long ESG)...
In this era of monetary fiction, one tends to read all types of undocumented and misguided views on monetary policy. However, if there is one that really is infuriating is the MMT (modern monetary theory) science fiction. One of its main principles is based on a fallacy.
Ray Dalio Says It’s Time to Buy Stuff Amid ‘Stupid’ Cash and Bond EconomicsMar 16, 2021 - 07:44:52 PDT
Ray Dalio has long been known for his disdain of holding cash amid rising money printing and inflation, but the billionaire investor now says bonds may be a bad bet as well -- or any-U.S. dollar denominated asset for that matter.