Precious metals are apparently waking up. And here is where you can find the best deals.
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Investors who hold bonds from highly rated companies lost about 0.90% on average this year through Jan. 20 and rising U.S. Treasury yields are stoking worries that worse has yet to come.
Joe Biden’s Business Allies Discuss Ways to Pay for Infrastructure Plan, Including a Carbon TaxJan 22, 2021 - 05:24:33 PST
President Joe Biden’s allies in the business community have been meeting to craft a set of proposals, including a potential carbon tax, to help pay for an expected $2 trillion infrastructure plan.
The U.K.’s third coronavirus lockdown looks set to endure as the government warned it’s too early to contemplate easing restrictions. Prime Minister Boris Johnson and Home Secretary Priti Patel did not repeat previous assurances that the U.K...
Euro Zone Business Activity Shrinks Again As New COVID Strains Lead to More LockdownsJan 22, 2021 - 05:19:01 PST
European Central Bank President Christine Lagarde acknowledged on Thursday that the pandemic still posed “serious risks” to the euro zone economy.
The United States will back a global plan to combat COVID-19 and get vaccines to poorer countries as part of a national strategy unveiled by President Joe Biden on Thursday, which includes pushing Congress for more funding for international efforts.
Biden to Sign Executive Orders to Boost Food Benefits, Workers’ Rights as Part of COVID Relief PushJan 22, 2021 - 05:05:24 PST
President Biden will sign two more executive orders that aim to reduce hunger in the U.S. and promote federal workers’ rights during the coronavirus pandemic.
Biden Is Already Facing Pressure to Scale Back His $1.9 Trillion COVID Relief PlanJan 22, 2021 - 05:01:53 PST
Expressed doubts on Wednesday over the need for another bill, especially one with such a price tag, less than one month after Congress passed the $900 billion measure just before the Christmas break.
COVID Live Updates: CNBC, U.S. Hospitalizations Fall to Pre-Christmas LevelsJan 22, 2021 - 04:57:49 PST
Fewer than 120,000 people are currently hospitalized with Covid-19 across the U.S., the lowest level since Dec. 27 and in line with pre-Christmas data, according to The Atlantic’s COVID Tracking Project.
“The presidency of Joe Biden started with expectations for a new stimulus and with a new rally for the bullion price,” wrote Carlo Alberto De Casa, chief analyst at ActivTrades.
My target price over the next few years is for silver to reach at least $300. How I reach that number is a topic for a future article. But before you think I'm crazy, I can assure you that it's an estimate relating to the gold price, and based on how gold and silver have performed in previous bull markets.
Bets on the Indian rupee’s rebound this year are already facing headwinds. The Reserve Bank of India signaled recently it won’t relent on dollar purchases that pushed the currency to the bottom of Asia’s currency rankings in 2020.
“The small business economy is on life support right now,” said CFIB's vice president Laura Jones.
Price Discovery "Has Simply Vanished" Klarman Blasts "800lb Gorilla" Fed For Breaking MarketJan 21, 2021 - 12:21:05 PST
In his latest letter to investors, The Financial Times reports that the billionaire manager blasts the world's central banks (focusing mostly on The Fed) for flooding the financial system with money since the onset of the coronavirus pandemic, arguing that the central bank’s moves have made it difficult to gauge the health of the US economy.
National Debt has grown over 3.5x nominal GDP since the break of the gold standard.
The dollar fell for a third straight session on Thursday, with investors seeking out higher-yielding currencies, as a slew of better-than-expected U.S. data and continued optimism about a massive stimulus package spurred hopes of a recovery in the world's largest economy.
Why Cuomo’s Latest Tax Hike Proposal Would Accelerate New York’s DeclineJan 21, 2021 - 11:32:41 PST
The timeless economic reality of incentives calls into question Cuomo’s proposed tax hike on high earners. It also ought to make us reconsider whether we should be punishing wealth-creation through taxing income at all.
What to watch: Even though Fed chair Jerome Powell and other top officials have said they welcome inflation, Bianco warns they are not in charge.
As you can see, this ratio peaked out in 2000, bottomed in 2002, and has been in an up-trend ever since. That up-trend has been formed with higher lows, creating a trend line that has yet to be broken.
A lack of demand for bearish options on the U.S. stock market signals potentially troubling investor complacency amid a record-breaking equity rally, according to Tallbacken Capital Advisors LLC.Total open interest in put options on the S&P 500 index is around a four-year low...
Bloomberg writer Lisa Abramowicz notes "A new all-time low for U.S. junk bond yields, of 4.13%".