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The bond market’s gauge of inflation expectations has strengthened back to pre-Covid levels as well.
The Reserve Bank of India held its benchmark repo rate — the rate at which it lends to commercial banks — at 4%.
Job gains in November are expected to be weaker than in October, reflecting the impact of virus-related shutdowns by states and local governments.
    Best Covid Treatment To Date By Far!
Dec 4, 2020 - 04:51:34 PST
The data is 100% in agreement: All studies show a clinical benefit for use of Ivermectin. It works as a pre-exposure prophylaxis, post exposure prophylaxis, and when given to both early and late hospitalized patients.
The coronavirus has infected more than 64.69 million people globally as of Thursday, killing at least 1.49 million people so far.
There's no coincidence that the end of cheap monetary gold took place in 1970.  It was also the year before U.S. President Nixon dropping the Gold-Dollar Peg.  So, why did the era of cheap monetary gold end in 1970?  Well, there were several reasons, but one factor that seems...
Gold futures climbed for a third day in a row on Thursday to mark their highest settlement in almost two weeks amid persistent weakness in the U.S. dollar...
    Is The US Dollar About To Reach A Melting Point?
Dec 3, 2020 - 13:00:04 PST
The broader down-trend in the US Dollar currency index may be exerting its force right now. The US Dollar has formed a potential double top pattern and appears to be turning lower.
Like the rest of the country, NYC is firmly in the grips of the worst wave of the pandemic since May...
The company cited ambiguous supply chain delays likely tied to the fact that the vaccine needs to be stored at a temperature that's colder than the north pole.
Each market milestone passed in 2020 is a reminder of the Federal Reserve’s extraordinary efforts to hold things aloft -- and a belief that it’ll continue.
    Our Make Believe Economy Is Here to Stay
Dec 3, 2020 - 12:21:24 PST
'The Fed-driven economy relies on the creation of trillions of dollars — literally out of thin air. However, most of the money gets stuck at the top in the accounts of large corporations and highly paid executives, while leaving behind everyday Americans.' Stocks are hitting all-time highs while millions remain out of work and on unemployment insurance. That's not a coincidence.
    Five Reasons to Worry About Faster U.S. Inflation
Dec 3, 2020 - 12:00:05 PST
A lot of people believe that inflation in the U.S. is dead or, if not dead, in a state of suspended animation for the foreseeable future. They could be setting themselves up for an unpleasant surprise.
'The response to the market crises of the last 20 years has been cheap money, and this has worked for many parts of the economy. The one significant sector that is harmed ever more seriously is the one where the problems will take the longest to emerge.'
Now, one proposal aims to help both efforts by giving people $1,500 stimulus checks in exchange for getting immunized. If you’re still afraid of the vaccine and don’t want to take it, that’s your right,” Delaney said. “You won’t participate in this program.
It will tell people "what they had and when their next dose is due..."
After years of debt-fueled spending, Chinese companies are under increasing pressure. They are trying to cope with unsustainable levels of debt and a crackdown on unregulated lending, also known as shadow banking — all against a backdrop of substantially slower economic growth compared with earlier decades.
With just 11 days to pass a spending bill to avoid a government shutdown, some lawmakers believe Congress is spending too much as the country’s debt continues to grow.
This year has been an extreme example of how if you print enough money, you can increase asset prices under virtually any circumstance.
In recent decades, many have claimed that advances in communications and transportation would eliminate the different political, economic, and cultural characteristics peculiar to residents of different regions within the United States.