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U.S. May Be Entering Its ‘Most Dangerous Time’ in the Pandemic as Winter ApproachesOct 26, 2020 - 05:01:16 PDT
The U.S. may be entering a more dangerous period in the coronavirus crisis as the country heads into colder weather, warns Andy Slavitt, former acting administrator at the Centers for Medicare and Medicaid Services.
U.S. Treasury yields fell on Monday as hopes waned that stimulus deal in Washington would be signed before the presidential election next week.
Banks May Have to Brace for Heavy Losses as Commercial Property Prices PlungeOct 26, 2020 - 04:56:55 PDT
Commercial real estate prices have plunged this year as people stopped going into offices, and retail businesses were disrupted. That could lead to a significant losses for banks, according to a recent report.
The Dow Is Set to Open 300 Points Lower Amid Record Daily U.S. Covid CasesOct 26, 2020 - 04:53:34 PDT
The Dow and the S&P 500 are coming off their first losing week in four as talks over the next coronavirus stimulus package dragged on.
Oxford/AstraZeneca Coronavirus Vaccine Triggers Immune Response Among AdultsOct 26, 2020 - 04:52:10 PDT
The announcement is likely to boost hopes of a Covid vaccine being developed before the end of the year.
"If that is the case, then gold is about the thrust sharply higher..."
MARKET MELTDOWN & METALS UPDATE OCT 26th: Gold & Silver Holding Up Nicely, Oil & Shale Stocks Getting CrushedOctober 26, 2020
What an interesting day as the broader markets are selling off while the precious metals and mining stocks are holding up rather well. Unfortunately, the oil price is back in the $38 level which is destroying the value of shale oil stocks. I'd imagine Concho Resources is quite happy today...
The FY2020 budget deficit came in at $3.13 trillion. At some point, the US government will have to reckon with the debt and spending. But according to recent analysis from the nonpartisan Committee for a Responsible Budget, neither Trump nor Biden appear prepared to do so. In fact, its analysis shows Trump would only be slightly better than Biden when it comes to spending and debt.
The mainstream spin on unemployment is that things are improving. The unemployment rate is coming down. The number of weekly jobless claims recently fell below 800,000 for the first time since government lockdowns in response to the pandemic went into high gear last March. But there are some troubling signs that undercut this good-news narrative. The number of long-term unemployed workers is steadily rising.
Pan American Silver vs. First Majestic Never Before Seen Charts & Analysis: Fundamentals Driving Stock PriceOctober 25, 2020
Is Pan American Silver or First Majestic a better quality stock to own? How many investors really know the answer? Unfortunately, most investors have no idea because most of the mining stock analysis tends to be more short-term or superficial. To understand these top primary silver miners' values, we...
Inflation will begin to take off around 2025 to 2026 when the economy overheats due to the excess money creation. We will then enter a...
The coming move will be violent...
Data by the Silver Institute shows that global silver-backed Exchange-Trade Products’ holdings rose by 297 million ounces through the first three quarters of 2020, nearly tripling the growth seen during the same period last year.
Demand for gold from jewellers and central banks will remain sharply lower in 2021 than before coronavirus, but investors will keep prices high by stockpiling record amounts of bullion, Refinitiv Metals Research said.
BofA: Fed Will Use Digital Dollars To Unleash Inflation, Universal Basic Income And Debt ForgivenessOct 23, 2020 - 13:20:25 PDT
"The next frontier for central bank revolution is use of digital currencies as conduit for policies such as UBI (universal basic income), MMT (Modern Monetary Theory), student debt forgiveness, to induce sustained rise in inflation expectations."
Oct 23, 2020 - 11:37:59 PDT
The next U.S. administration will likely face a global debt crisis that could dwarf what the world experienced in 2008-2009. To prevent the worst, it will need to address the burdensome debt plaguing both the United States and the global economy.
Oct 23, 2020 - 11:33:29 PDT
Sam Zell said Thursday that he’s worried about trillions of dollars in stimulus spending by Congress and a resulting rise in U.S. debt. Ultimately, that could undercut the U.S. economy…
Central banks were among the biggest buyers of European common debt this week, signaling growing trust that the euro will hold its own through the pandemic.
The Covid recession isn't even over yet, but there is already talk of a double dip coming.
Billionaire Fund Manager Paul Tudor Jones Expects $1.7 Trillion Stimulus Deal In Next Six To 1Oct 23, 2020 - 11:15:17 PDT
n a Thursday morning appearance on CNBC's Squawk Box, billionaire hedge fund manager Paul Tudor Jones said he believes the next six to 12 months could be the most volatile period for markets he's seen in more than 40 years of trading, as a result of a blue wave election outcome that could pump trillions into the American economy.