Precious metals are apparently waking up. And here is where you can find the best deals.
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Subprime Auto Loan Delinquencies, Loan Deferrals & Stimulus Curdle into Curious PhenomenonSep 14, 2020 - 08:33:31 PDT
In the bizarre machinery of an economy that depends on consumer spending funded by stimulus and “extend and pretend.”
It’s no secret that one of the Nasdaq’s best performing stocks this year has been Tesla. Its meteoric rise, until recently, flashed dollar signs in the dreams of its investors.Given silver’s historical volatility, a question dawned on me: could silver log a similar runaway price advance in the not-too-distant future?It’s a fair question. Not only can silver be highly volatile, but potentially life-changing catalysts are staring us in the face. So let’s have a little fun and see if silver could have a comparable parabolic run…
Policy makers are facing the most economically challenging part of the Covid-19 crisis in avoiding the creation of “zombie” companies, according to the Bank for International Settlements.
Americans Are Forced to Raid Retirement Savings During Coronavirus PandemicSep 14, 2020 - 07:50:26 PDT
The economic fallout from the coronavirus pandemic is pushing retirement savers to pull thousands of dollars from their nest eggs to make ends meet.
El-Erian, Stiglitz, Krugman and Other Top Economists Offer Insights on the Future of Supply ChainsSep 14, 2020 - 07:41:28 PDT
Top economists including Joseph Stiglitz, Paul Krugman and Mark Zandi offer predictions on the future of globalization. Jim O'Neill does not expect companies to stop selling to Chinese consumers, even if Western politicians say there will be consequences for the Covid-19 outbreak.
Treasury Secretary Steven Mnuchin on Talks for More Coronavirus StimulusSep 14, 2020 - 07:37:30 PDT
The Senate failed to move forward on a $300 billion Republican proposal for more coronavirus stimulus last week. Treasury Secretary Steven Mnuchin joins "Squawk Box" to discuss the latest developments on the talks between Democrats, Republicans and the White House.
‘Now Is Not the Time to Worry’ About the Fiscal Deficit or the Fed’s Balance Sheet: MnuchinSep 14, 2020 - 07:28:42 PDT
Treasury Secretary Steven Mnuchin told CNBC that lawmakers should not allow fears over deficits to delay additional Covid-19 relief.
With the US in turmoil, the world distracted by the pandemic mixed with China’s unbridled ambition, the next 10 months will be the most dangerous since World War II, a top Australian strategic analyst warns.
There are quite a few factors pointing to lower precious metals prices on the horizon, and the situation in the mining stocks is one of them...
Is silver finally ready for the explosive move that will thrust the precious metal into the $40s?
Central bankers want more stimulus from Congress because new research says spending, not lower rates, would do more to prevent deeper economic scars among the unemployed, businesses and state governments from the pandemic.
Japan's next leader should dust off hyper-aggressive mix of monetary easing and debt-fueled fiscal stimulus deployed in the 1930's
The onset of coronavirus — and the drastic policy response from central banks — has produced an army of companies limping along in the twilight between the living and the dead. A decade of low interest rates had already sustained a rising number of companies that were able to borrow cheaply…
Global central bankers are discovering that monetary policies they once viewed as unconventional and temporary are now proving to be conventional and long-lasting. Forced to think outside the box by the 2008 financial crisis and then again this year by the coronavirus pandemic,...
The Treasury market has set a high bar for the Federal Reserve to jump in order to recharge inflation expectations and upend a bullish tone that has surfaced since Chair Jerome Powell laid out a new plan to allow consumer prices to run hot.
The central bank is vacuuming up sovereign bonds faster than governments can pump them out, keeping a tight lid on borrowing costs as the region spends on coronavirus relief measures.
Boris Johnson has urged Conservative MPs to back his Plan to Override Part of the Brexit Withdrawal Agreement.
That is the reason why gold and silver continue to rise despite hopes of an economic recovery that seems to be stalling. The US Dollar will likely remain the most demanded fiat currency, but the excessive monetary stimulus will ultimately damage the confidence in most fiat currencies.
President Christine Lagarde said the recent appreciation of the euro has partly offset the positive impact that the European Central Bank’s stimulus had in boosting inflation and reiterated that policy makers stand ready to adjust all of their instruments if needed.
Why Morgan Stanley Expects The Fed To Finally Succeed In Boosting InflationSep 14, 2020 - 04:53:18 PDT
"the change in the Fed’s framework makes us even more confident that inflation will be structurally higher over this cycle and beyond."