Precious metals are apparently waking up. And here is where you can find the best deals.
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Amid the pandemic, the idea of Universal Basic Income has been gaining steam with policymakers. Where has it been tried, and has it worked?
The Supreme Court may soon erase the Affordable Care Act from existence — an outcome that could have far-reaching consequences for American health care.
California Tries to Stem the Unemployment Insurance Chaos: Week 27 of U.S. Labor Market CollapseSep 25, 2020 - 07:55:39 PDT
Even Fitch weighs in on the data chaos.
Since Covid hit, the Fed has been on a massive balance sheet expansion program. Let's look at the details in a pair of charts.
With no tonnage size for physical gold available in the global wholesale market, they're calling the COMEX on their claim that they have bullion to deliver...
The Citi team does acknowledge the “central bank put remains intrinsically tied to the equity market,” and that there will be more Treasury bond and credit purchases, and a desire to keep inflation-adjusted interest rates well below 1%.
The dollar extended its gains on Friday and was on track for its best week since early April, while riskier currencies sold off, as rising coronavirus infections in Europe and uncertainty surrounding the upcoming U.S. elections turned markets cautious.
The S&P 500 and the Dow were to set to open lower on Friday, extending their longest losing spree in a year as fears about the outlook for the economy in a future still dominated by the coronavirus weighed on investor sentiment.
Gold and silver got hammered (along with stocks) this week as the dollar strengthened with a sudden bout of risk-off sentiment. Rising numbers of coronavirus cases have ignited fears of new economic restrictions and markets have fretted about the lack of additional stimulus. Gold is at a 2-month low. So, is it time to panic? On this episode of the Friday Gold Wrap podcast, host Mike Maharry tries to answer that question and looks at all that you have to believe in order to claim the gold bull run is dead.
On a year-over-basis, durable goods orders are down 6.3%, and appear to have reached the zenith of the recovery...
Sep 25, 2020 - 05:35:02 PDT
Alarm bells are ringing in the market for commercial mortgage-backed securities.
The Main Causes of the Great Depression, and How the Road to Recovery Transformed the US EconomySep 25, 2020 - 05:33:21 PDT
The Great Depression had many causes — beyond the 1929 stock market crash that trigged it — which exposed weaknesses in the US economy and society.
S&P Futures, Global Stocks Slump As European Banks Crash To All Time LowSep 25, 2020 - 05:13:24 PDT
"While still possible, there is a high risk that it does not happen this year. Without it, we would expect the economy to hit a major speed bump in Q4."
The repetition of the ‘Great Crash’ of the 1929 is a real possibility and the ‘trigger’ may have already been pulled.
Top IMF Official: "Global Recovery Could Take Years" To Return To 2019 LevelsSep 25, 2020 - 05:07:13 PDT
"...trying to preserve our financial firepower."
the economy is far from fully recovered and some growth engines appear to be losing momentum.
U.S. stock funds bled $25.8 billion in the week through Sept. 23, according to Bank of America Corp. and EPFR Global data, in a reversal from the previous week’s biggest inflow in more than two years.
CNBC.com's Leslie Josephs lays out the stakes for the airline industry, which will run out of federal bailout funds at the end of the month.
Dow Futures Drop 200 Points as Wall Street Heads for Fourth Straight Weekly LossSep 25, 2020 - 04:52:34 PDT
U.S. stock futures were lower early Friday as the market indexes headed for a fourth consecutive week of losses.
The UK health Minister confirms that he doesn't understand the concept of false positive math. Australia goes full-lockdown despite practically no hospital loading.