Precious metals are apparently waking up. And here is where you can find the best deals.
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What is the impact on the people's views of money?
The BLS changed its seasonal adjustment model starting today going forward. The change skewed the data in a positive manner.
Public attitudes about the economy have become more bleak as the coronavirus outbreak continues to weigh globally, according to a Pew Research Center survey released Thursday.
Bank of America Says Sell-Off Has More to Go, but S&P 500 Will Eventually ReboundSep 4, 2020 - 07:24:56 PDT
The fast and furious tech equity rout could have further to go in the coming weeks before the market eventually rebounds ahead of the U.S. presidential election, according to Bank of America’s chief investment strategist Michael Hartnett.
‘What’s Concerning Is That the Pace of Jobs Growth Is Slowing Down’: EconomistsSep 4, 2020 - 07:15:28 PDT
Here are some initial reactions from analysts and economists following the Friday release of August employment data.
The U.S. economy added a greater number of jobs than expected during August as hiring by the federal government for the 2020 Census and a rebound in retail employment led almost all of the major sectors higher.
We're in our 4th day of gold & silver whackings. They like to whack around the jobs report and the Labor Day holiday. No doubt the bankers are worried about...
After rising early in the week on the Fed's promise of more inflation, gold and silver dipped a bit late in the week with some positive economic data bolstering hopes of a quick economic recovery. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey reiterates that what's going on isn't fundamentally about the coronavirus. He takes a deep dive into the Fed's new inflation policy and makes the case that this was all in play long before the pandemic.
U.S. Created 1.37 Million Jobs in August, vs 1.32 Million Expected; Unemployment Rate Falls to 8.4%Sep 4, 2020 - 05:32:15 PDT
Nonfarm payrolls were expected to grow by 1.32 million in August and the unemployment rate was expected to fall to 9.8%, according to economists surveyed by Dow Jones.
Gold prices rose on Friday, as U.S. Treasury yields fell and a pullback in global equities bolstered demand for the safe-haven metal ahead of U.S. non-farm payrolls data, but a strong dollar put bullion on track for a weekly decline.
The U.S. dollar consolidated gains on Friday but was set for its biggest weekly rise in 2-1/2 months as an overnight drop in high-flying U.S. technology stocks fuelled a bout of risk aversion in global markets.
White House Says It Does Not Expect U.S. Government Shutdown at Month’s EndSep 4, 2020 - 05:13:00 PDT
The White House on Thursday said it expects Congress to approve the legislation needed to avoid a government shutdown at the end of the month, when current spending bills expire.
Investment-banking and trading revenues hit an eight-year high in the first half, a counterintuitive boom that shows the heavy hand of the Federal Reserve and the gulf between financial markets and the real economy.
The European Central Bank is likely to step up its crisis response later this year, according to economists, with a faltering recovery and a stronger euro threatening to exacerbate price declines.
US executives sold $6.7bn of stock in their own companies last month, cashing in on a record-breaking market rally with the biggest burst of selling in five years.
The European Central Bank is likely to step up its crisis response later this year, according to economists, as a faltering recovery and a stronger euro threaten to exacerbate price declines.
‘We Could Have Another 10% Fall, Easily,’ El-Erian Warns After Big Sell-OffSep 4, 2020 - 04:59:52 PDT
The forthcoming trading sessions will show whether investors are basing their plays on liquidity or fundamentals, Allianz Chief Economic Advisor Mohamed El-Erian said.
European stocks looked to be leading a shift in sentiment on Friday after a massive tech sell-off on Wall Street in the previous session, which briefly spooked global markets.
Italy’s ‘Last Chance’: How Europe’s Massive Stimulus Plan Will Determine Rome’s FutureSep 4, 2020 - 04:55:41 PDT
There are hopes Europe's 750 billion euro stimulus will change the course of the Italian economy.
China may gradually cut its holdings of U.S. Treasury bonds and notes, in light of rising tensions between Beijing and Washington, state-backed newspaper Global Times cited experts as saying.