Precious metals are apparently waking up. And here is where you can find the best deals.
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It’s no exaggeration to say the coronavirus has upended the global economy in ways few could have imagined. It's been called a wake-up call for capitalism and a foreshadowing of our exceedingly precarious future, one with more catastrophes waiting in the wings. What if anything can governments and central banks do about it?
No matter how big an economy is, it is heavily influenced by US economic growth, financial stability, and policy spillovers. With the COVID-19 crisis, the evolution of the global economic-policy paradigm has become an urgent matter, and the rest of the world must not suffer the consequences of a US that does too little, too late.
Rising debt and falling earnings have pushed riskier borrowers to ask lenders for flexibility.
Chris Whalen of Whalen Global Advisors warns the worst may be yet to come as the big banks gear up for the stress test tomorrow, here's why..,
Some policy makers in Asia are wavering on extending stimulus. They should resist the temptation to end support too early.
Jun 25, 2020 - 05:16:28 PDT
2020's recession is expected to be twice as deep as the 2007-09 recession, with global unemployment expected to rise to its highest level since 1965.
These Charts Show What Mess Businesses Face Going Forward.
Americans' Biggest Financial Regret Is Not Saving Enough Before The Coronavirus HitJun 25, 2020 - 05:14:10 PDT
Shocking, we know...but that's not all...
The coronavirus outbreak has brought an economic downturn in the U.S. and globally, and even amid some signs of rebound, uncertainty continues to weigh on the global economy and markets.
The recent spikes in cases have led to growing fears of a "second wave" of the pandemic, as countries that seemingly passed the peak of infections some months ago experience new outbreaks.
The coronavirus pandemic is getting dramatically worse in almost every corner of the U.S.
U.S. Hits Highest Single Day of New Coronavirus Cases With More Than 45,500, Breaking April RecordJun 25, 2020 - 04:54:33 PDT
The grim milestone reported on Wednesday surpasses the peak that was hit in late April.
What will be in demand during these volatile and uncertain times?
Gold & Silver got pounded this morning? Well that's (not so) strange...
Gold’s Trading Patterns Foreshadow Record Highs in the 2nd Half of 2020: Bank of AmericaJun 24, 2020 - 12:59:48 PDT
Gold's next breakout level sits at $1,900 per ounce. If it's breached, record highs are in store in the second half of 2020, technical analyst Paul Ciana wrote.
This time, gold will break out – possibly by the end of 2020 and rise to a number that most investors can’t begin to imagine. The price will be a function of how long it takes for higher rates of inflation to kick in from the stagflation environment similar to what took place in the late 1970's.
The promise of something for nothing will never lose its luster. MMT should be viewed as a form of political propaganda rather than any kind of real economics or public policy. And like all propaganda, it must be fought with appeals to reality. MMT, where deficits don't matter, is an unreal place.
Despite massive government and central bank stimuli, the global economy is seeing a concerning rise in defaults and delinquencies.
A second delay for Tax Day isn't entirely out of the picture. Treasury Secretary Steven Mnuchin told Bloomberg on Tuesday that a delay beyond July 15 is "something we may consider."
The trend suggests Americans are increasingly shifting into long-term joblessness — meaning they’ll likely have a harder time finding work than others, at a time when the $600 weekly supplement is set to expire.