Precious metals news

The U.S. Treasuries market took investors on a bumpy ride in 2020, with yields plunging to historic lows in the early part of the year before a partial grind back in the second half.

The dollar sunk to its lowest in more than two years on Wednesday and riskier currencies gained, as investors looked past rising COVID-19 infections and the latest delay in U.S. fiscal stimulus talks and bet on an economic recovery in 2021.

The U.S. Senate was due on Wednesday to hold a procedural vote that could pave the way for Congress to override President Donald Trump's veto of a key defense bill, as tension between the outgoing Republican president and party leaders grows.

Even as inflation is under control, a strategist says it's obvious economies aren’t in equilibrium, as low interest rates have sent

Changes to the Federal Reserve’s interest-rate setting panel will make the U.S. central bank even less likely to tighten monetary policy in the new year, no matter how much of a jolt the economy gets from the rollout of Covid-19 vaccines.

Learn how to calculate how much debt a president adds, which presidents created the highest debt increases, and debt increases by year and president since 1914.

The former Harvard President and Treasury Secretary offers important thoughts on the negative consequences of aid to the less fortunate

2020 will go down as a year of unexpected outcomes. To succeed in 2021 it may come down to navigating the "market lingo" successfully and rules to follow. 

U.S. stock index futures were slightly higher in early morning trading on Tuesday as the market tried to reclaim record highs.

The House of Commons, as expected, voted in favor of the agreement, and the country will emerge from its Brexit transition period with the EU late Thursday.

So far, the US has escaped negative interest rates as a matter of central bank policy. Back in May, many thought a Fed move to negative rates was a real possibility. Of course, much of the world has operated under negative rates as a matter of policy for years. The European Central Bank (ECB) launched negative rates in June 2014. The Bank of Japan (BOJ) introduced negative rates in January 2016. Both are still maintaining a negative rate policy today.
While the Fed has resisted the temptation of a negative rate policy so far, that doesn't mean Americans have escaped the reality of below-zero real rates. In fact, the world is awash in negative-yielding debt.

Peter Schiff has been saying that all of the "help" the US government and the Federal Reserve have offered up during the coronavirus pandemic isn't helping. In fact, it's made the situation worse. In a podcast last month, Peter said that all of the money printing and stimulus allowed people to keep spending, but they aren't producing anything.
The problem is government doesn’t seem to understand the difference between money that is actually earned by being productive and money you get just because the Federal Reserve or some other central bank conjures out of thin air. When you’re productive, you’re helping to grow the economy. When the Fed prints money, all they’re doing is distorting the economy and increasing the cost of living.”

"You have the vaccine news which is a bit positive (for the economy) but the dollar is still quite weak after approval of the U.S. fiscal stimulus," said Bank of China International analyst Xiao Fu.

2021 May Mark the First Inflation Comeback in a Generation, Market Researcher Jim Bianco Warns.

The fear is that banks are increasingly exposing themselves to fragile government finances, as countries borrow aggressively to counteract the effect of the Covid-19 pandemic.

Roughly $5 billion in taxpayer money allocated for PPE contracts went to companies connected to government officials.

Roughly $5 billion in taxpayer money allocated for PPE contracts went to companies connected to government officials.

“This suggests the impact of the US-China trade war on China’s manufacturing activity has been underestimated,” Yue Su, principal economist at The Economist Intelligence Unit, said in a statement.

One thing is for certain — the tech battle between the U.S. and China will continue under a Biden presidency.

Small businesses that took forgivable loans are getting a handful of tax breaks, including deductions on their federal return. States may not be so generous.