Precious metals are apparently waking up. And here is where you can find the best deals.
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Pelosi Invites Congressional Leaders to a Meeting on COVID Relief and Government FundingDec 15, 2020 - 09:16:13 PST
Congress is running out of time to avoid a government shutdown and get another round of coronavirus relief to Americans.
BlackRock’s Rieder Sees 10 Year Above 1% and a Taste of Inflation Next YearDec 15, 2020 - 08:00:50 PST
BlackRock's Rick Rieder said the 10-year Treasury yield should reach 1.25% in 2021, and the economy could finally get a taste of inflation.
COVID Relief Bill Pays Extra $300 a Week in Jobless Benefits, Extends Aid for 4 MonthsDec 15, 2020 - 07:58:46 PST
A bipartisan Covid relief package issued Monday would extend expiring unemployment programs until April and pay a $300 weekly enhancement to benefits.
The European Commission, the FTC and Ofcom have all announced new plans to regulate the tech giants in the last few days.
Authoritarian-minded officials have found opportunity in public health fears.
The coronavirus fueled an exodus from cities across the nation.
Alongside potential obstacles such as job loss, financial insecurity, and a subsequent inability to cover many upcoming bills, many Americans are now facing potential home loss as well.
Just a few of the world’s massive institutional funds own any gold and silver at all, as Mike Maloney points out in today’s video “it’s just a tiny, tiny, tiny percentage”. Now we are seeing announcements from many funds that they are going to start putting gold in their portfolios. “The flood hasn’t come yet. These are the places it’s going to come from - all you have to do as a small investor is be along for their ride…and you’re going to do very, very well. You’re putting yourself on the right side of this wealth transfer.”
‘People Are Desperate’: California Shutdown Pushes Businesses to Breaking PointDec 15, 2020 - 07:04:42 PST
With surging cases forcing drastic state measures, already struggling industries take yet another blow...
Millions of people have moved out of New York City during the pandemic, but at the same time, millions of others with lower incomes have taken their place, according to a study released on Tuesday.
Fannie Mae and Freddie Mac plunged Tuesday after Treasury Secretary Steven Mnuchin said he’s all but ruled out letting them exit U.S. control before he steps down, leaving it to the Biden administration to decide the fates of the mortgage giants.
Solomon's comments come as lawmakers are taking negotiations to approve another coronavirus stimulus bill down to the wire.
With the dollar plunging, one could be forgiven for thinking import and export prices would be rising fast, but according to the latest data from the Bureau of Labor Statistics, both continue to languish in annual deflation.
It appears the government lockdowns in response to the COVID-19 pandemic has hastened the deflation of the commercial real estate bubble.According to CoStar Group, an estimated $126 billion in commercial real estate will be forced to sell at distressed prices over the next two years. That will eclipse the amount of distressed commercial property sold during the first two years after the 2008 financial crisis.
Savvy investors will buy gold in its current trough. They can enjoy the ride back to $2,000 from there, then much higher.
Gold rose by more than 1% on Tuesday, driven by market expectations of additional economic support as COVID-19 cases climbed ahead of the U.S. Federal Reserve's policy meeting.
‘It’s an Economic War’: Warren Buffett Urges Congress to Extend Relief for Small BusinessesDec 15, 2020 - 05:34:05 PST
Warren Buffett urged Congress to extend aid to small businesses as they continue to struggle through the coronavirus pandemic.
Negative Yielding Debt Exceeds $18 Trillion As Global Market Cap Hits $100 TrillionDec 15, 2020 - 05:32:39 PST
The pool of negative-yielding debt across the world exceeded $18 trillion for the first time in history, according to Bloomberg data. The move came after the ECB announced it will expand its massive monetary stimulus program by another €500 billion and will extend emergency bond purchases for nine months.
How Much Should We Worry Today About the Rising Federal Debt?: BrookingsDec 15, 2020 - 05:28:47 PST
Low interest rates don’t eliminate the need for those politically tough choices, but they do buy us some time.
After a liquidity-driven rally on markets, central bank largesse might not be sustainable