Precious metals are apparently waking up. And here is where you can find the best deals.
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The hunger for new issues is voracious and bankers trying to pad year-end bonus numbers can't keep up. Their new stocks are making money, but the companies themselves certainly are not.
The U.S. dollar has "lost the two legs" it stands on, according to Marc Chandler from Bannockburn Global Forex.
The "rationalization" that low rates justify high valuations is but one of many arguments used to support the bullish narrative in today's market.
The Federal Reserve will start confronting the case for more stimulus to support the U.S. economy on Wednesday as it holds its final policy meeting of a truly momentous year.
If Japan’s the model that Europe’s following, there is much more stagnation to come.
In the most-affected sectors, the largest players are winning and the smallest ones dying. Instead of survival of the fittest, we see survival of the biggest.The problem: Biggest isn’t always best.
United States jobless claims have picked up, since the elections and the second wave of coronavirus have slowed down the economic recovery.
Dec 14, 2020 - 09:33:23 PST
How big is this elephant? A staggering $50 trillion. That is how much the upward redistribution of income has cost American workers over the past several decades.
The world may remember 2020 as the year “normal life” was torn up by the coronavirus pandemic. But for many owners of U.S. commercial real estate, the big trouble hasn’t even started.
Some families have already quit their homes and moved underground as they prepare for the "worst-case scenario" and the collapse of society.
By removing Americans from public life, the pandemic is threatening long-term damage to the essential services we all share — like schools and transit — while worsening inequality.
British Stores Stockpile Food on Brexit No Deal Concerns but Shoppers Urged Not to Panic BuyDec 14, 2020 - 09:03:08 PST
British grocery stores are stockpiling food amid the possibility of a no-deal scenario as Brexit trade deal negotiations between the EU and U.K. go down to the wire.
The European Central Bank is committed to lifting the euro zone out of its recession and can provide still more stimulus if needed to counter any drag, including from the firming euro, ECB board member Fabio Panetta said on Monday.
U.S. scheduled passenger airlines employed 9.1 percent fewer full-time equivalents in mid-October 2020 than a month earlier, according to the Bureau of Transportation Statistics.
There two issues whose headlines are creating intraday volatility: Brexit and Congressional tweets surrounding another covid stimulus package (or not). As it stands, so many workers are struggling …
Jerome Powell The "Most Transformational" Fed Chair Since Volcker, Bloomberg GushesDec 14, 2020 - 08:48:51 PST
The ignorance surrounding monetary policy in the financial journalism industry has once again hit all time highs (not unlike the NASDAQ), with Bloomberg penning a recent Businessweek article that has crowned Jerome Powell as the Fed's "most transformational chairman" since Paul Volcker.
Economists see a free lunch in fiscal stimulus, but that depends on low post-pandemic interest rates.
People Were Pouring Out Of US Cities Like LA And New York Even Before COVID StartedDec 14, 2020 - 08:20:09 PST
The pandemic hasn't just brought with it economic turmoil; it has also highlighted a trend of people fleeing U.S. cities in favor of the suburbs. The exodus has been helped along by liberal politicians embracing a "defund the police" message in the cities where policing is needed the most - like Chicago
C2020 Is Ending With 93% Of Global Economies Contracting And With Markets At All Time HighsDec 14, 2020 - 08:18:15 PST
As BofA's European credit strategist, Barnaby Martin, puts it in one of the final issues of his European Credit Strategist report for the year, "2020 is ending with one of the most predictable and potent themes of the last decade: central bank activism."
Bipartisan Group to Release COVID Relief Bill As Congress Faces Pressure to Send HelpDec 14, 2020 - 07:48:12 PST
Congress aims to pass another coronavirus relief and government funding plan this week as millions are set to lose benefits.