Precious metals are apparently waking up. And here is where you can find the best deals.
Site:
Precious metals news
Warren Buffett in his annual letter to Berkshire Hathaway shareholders on Saturday said bonds are not the place to be in these days, while suggesting that fixed-income investors worldwide face a bleak future.
Though slack in the economy and a vigilant Fed currently keep prices well in check, some influential economists say political pressure and a new emphasis on maximizing employment could test the central bank’s resolve to raise rates by enough when inflation risks emerge.
The coronavirus pandemic laid bare a number of weaknesses in the financial system that should be addressed with new rules to prepare for the next shock, Fed Governor Lael Brainard said on Monday.
Inflation fears are keeping stock investors up at night. Here’s what could be ahead, according to Michael Farr, CEO of Farr, Miller and Washington.
New York AG Warns Cryptocurrency Industry: 'Play by the Rules or We Will Shut You Down'Mar 1, 2021 - 11:53:39 PST
The Empire State's attorney general warned individual investors and crypto industry players of the perils of digital assets.
In America, that economic bondage presently amounts to over $80 trillion in public and private debt that thousands of businesses and millions of citizens cannot possibly pay off. Political banking privileges have also created about 4,000% real inflation (using historical government accounting methods) since the U.S. fully abandoned the gold standard in 1971—turning $100 of savings into a paltry $2.50 of original value.
China’s manufacturing recovery weakened for a third month in February as exports and new orders declined, according to two surveys released Monday. A monthly purchasing...
In this setting, it is crucial that the bridge for SMEs remains in place for as long as needed. The ECB will help ensure that firms and families can access the finance they need to weather this storm – and that they can do so in the confidence that financing conditions will not tighten prematurely.
Federal Reserve Bank of Richmond President Thomas Barkin says he expects price pressures to rise in the second quarter due to pent-up demand and inflation in the medium-to-longer-term to be moderate.
Earlier in the week, Powell, in testimony to the Senate Banking Committee, confirmed that the central bank would keep the federal funds rate near zero until maximum employment is achieved.
The dollar index rose to a three-week high on Monday as investors bet on faster growth and inflation in the United States, while the Australian dollar gained after Australia's central bank increased its bond purchases in a bid to stem rapidly rising yields.
"We're now getting to the point where the market isn't necessarily believing what the Fed is telling. We've now moved to a slightly more concerning ground, where it seems like the Fed's messaging is not powerful enough."
A wave of selling during the past two weeks drove up the yield on the benchmark 10-year Treasury note, which helps set borrowing costs on everything from corporate debt to mortgages, to its highest level since the pandemic began.
Most people expect the revelry to continue as economies recover. But now there are signs the recovery could turn into a boom — and an overheating economy could end the market party. This year could unfold as a mirror image of 2020, with markets going flat amid soaring economic growth.
'The Fed’s emphasis on market inflation expectations, coupled with its persistence in driving up breakeven rates, raise questions about its motives. These must be publicly disclosed along with its purchasing strategies and effects.'
The electronic Chinese yuan is now being tested in cities such as Shenzhen, Shanghai and Beijing. No other major power is as far along with a homegrown digital currency.
Global food prices are at the highest in more than six years, driven by a jump in the cost of everything from soybeans to palm oil because of demand from China, vulnerable supply chains and adverse weather.
Food prices are correlated with EM inflation surprises. The current surge in soft grain prices should be monitored in case it spills over into general inflation expectations Food inflation can have outsized impacts on inflation expectations due to the higher frequency at which consumers buy food. In the US, food and beverage directly accounts for […]
It’s surprising that officials do not see inflation even as a risk. The IMF’s chief economist said, in the context of President Joe Biden’s proposed fiscal stimulus, that inflation is “nothing to be concerned about.” Last September, Philip Lane, the European Central Bank’s chief economist, said, “If you look around the world, this debate is everywhere about how to better tackle below-target inflation.”