Precious metals are apparently waking up. And here is where you can find the best deals.
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The perceived higher likelihood of a stimulus deal helped underpin financial markets. A Friday evening Bloomberg headline: “Escalating Chaos Again Proves Incapable of Derailing the S&P 500.”
Virtually nothing in the recent US Presidential debate had anything to do with a future based on careful resource stewardship.
Income sags from eerie stimulus-spike. But consumers hadn’t spent all their stimulus & unemployment money, instead paid down credit cards & padded bank accounts. Now they’re drawing…
Bank of England rate-setter Jonathan Haskel said on Monday that risks were skewed to the downside for Britain's economy, and that he was ready to vote for more stimulus if necessary.
Until lofty stock-market valuations are underpinned by a broad-based recovery in both health and economic outcomes, investors should not get too comfortable with their outsize pandemic profits. What goes up can also come down.
Chicago Federal Reserve Bank President Charles Evans on Monday said he expects U.S. inflation to reach 2% by 2023 and signaled his support for allowing it to rise to 2.5%, a level seen by others at the Fed as excessive.
Think Costco's Gold Bars Are Overpriced? At Least You Can Carry Them Out Of The StoreOctober 5, 2020
It seems to be an easier purchase than at the LBMA or the Comex...
How long could U.S. interest rates hover near zero? This 200-year chart puts rates into context, as the Federal Reserve projects no change until 2023.
Zambia could become the first country to default on its debts amid the fallout from Covid-19, but it won’t be the last
A reading of a new piece from the Wall Street Journal that NLW argues shows a shifting mainstream narrative.
Oct 5, 2020 - 08:18:59 PDT
Voters in Geneva, Switzerland, have agreed to introduce a minimum wage in the canton that is the equivalent of $25 an hour -- believed to be the highest in the world.
Greece and Cyprus had the lowest consumer price index rates in the eurozone last month as the entire bloc saw prices reduced by 0.3% in September on an annual basis, Eurostat announced.
The debt of the federal government topped $27 trillion for the first time on Thursday, when it climbed from $26,945,391,194,615.15 to $27,01,888,000,000, according to the Daily Treasury Statement for October 1, which was released today.
The U.S. government, and by extension the American people, are fully committed to a program of currency debasement to inflate away the debt problem. They believe executing an implicit default via inflation is the easier and softer way.
Oct 5, 2020 - 07:43:37 PDT
The New York Fed, the unlimited money spigot in times of need by Wall Street’s trading houses, has been conducting meetings with hedge funds to get their input on the markets. More on that in a moment, but first some necessary background.
As after the last crisis, fueled by ultra-cheap money, they’re taking financialization of the housing market to the next level.
Commercial Real Estate Office Sector Crushed by Work from Home, Tsunami of Supply in Q3Oct 5, 2020 - 07:37:22 PDT
“Sublease Pandemic?” Office leasing activity plunged or collapsed, depending on city, even as huge amounts of sublease space that companies no longer need got dumped on the market.
A crash is likely given the collapse in US domestic saving and a gaping current account deficit
Gold futures on Monday edge modestly higher as the U.S. dollar softens to start the week. However, bullion's advance is likely to be limited by increased...
"Sentiment on prospects for the coming year darkened significantly..."