Precious metals are apparently waking up. And here is where you can find the best deals.
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COVID-19 has caused a massive shake-up of our daily lives. Here, 511 epidemiologists offer their insights on when they might resume 20 common activities.
At $10 Trillion Feds Close to Spending More Than on Revolutionary, Civil War, WWI, II CombinedJun 18, 2020 - 08:48:26 PDT
A coalition of conservative leaders sent a letter to President Donald Trump and Senate Majority Leader Mitch McConnell (R-Ky.) warning that the congressional spending in the coronavirus must stop because it’s getting very close to $10 trillion, which is more than the government spent fighting the Revolutionary War, Civil War, and World War I and II combined.
From the moment the Fed announced how it would buy bonds for its $250 billion Secondary Market Corporate Credit Facility, something seemed amiss. After all, the central bank already had criteria in place for buying individual corporate bonds, separate and distinct from...
The question investors should thus be asking themselves is this: ‘Is this divergence sustainable or are U.S. stocks due to give back a good deal of their significant outperformance now that U.S. assets are no longer a relative bargain?’
Upon exiting the market, Scotiabank will be made to square up all gold and silver paper market positions, but questions linger whether they have the...
Just when you thought things we might be coming out of the worst...
As stock markets roar back from the coronavirus-led rout, advisers to the world's wealthy are urging them to hold more gold, questioning the strength of the rally and the long-term impact of global central banks' cash splurge.
10 States See Record Numbers Of New COVID 19 Cases As Florida Declared "The Next Epicenter"Jun 18, 2020 - 07:40:18 PDT
This...doesn't look good.
A decline in sales contracts in Manhattan and jump in Florida suggests that the migration to the Sunshine State could accelerate as coronavirus restrictions ease.
The U.S. dollar’s growing dominance in international finance means that American problems can quickly pose a threat to the entire world.That’s one takeaway from a report by a committee at the Bank for International Settlements...
The fiscal response to the crisis has been vast but many measures for low-income families could be withdrawn
Americans Skip Millions of Loan Payments as Coronavirus Takes Economic Toll: WSJJun 18, 2020 - 07:17:22 PDT
The surge in skipped payments on debts including student loans suggests that the layoffs related to the coronavirus have taken a severe economic toll.
Already in Default, Argentina Hits an Impasse with Creditors over Debt Restructuring TalksJun 18, 2020 - 07:08:04 PDT
Argentina and the "Ad Hoc" bondholder group both effectively accuse one another of refusing to cede ground in order to reach a deal.
Almost 46 Million Americans Have Now Filed For Unemployment Claims Since Lockdowns BeganJun 18, 2020 - 07:00:33 PDT
The big question remains - what happens when the $600 CARES Act bonuses stop flowing at the end of July?
It's likely to be a long, hot summer for investors in the stock market says this veteran strategist.
Over the last several decades, the Federal Reserve and the US government have almost exclusively directed their policies toward "stimulating" spending. Artificially low interest rates incentivize borrowing and discourage savings.But spending money isn't the only thing that makes the economy go around. Savings are crucial and the lack of saving in America has hollowed out the US economy.
"The Fed Losing Control over the Asset Bubble Is Now the Biggest Risk to the Economy."Jun 18, 2020 - 05:31:41 PDT
Sven Henrich of NorthmanTrader lays out his central-bank-fueled bear case.
Jun 18, 2020 - 05:25:48 PDT
The Federal Reserve’s plan to buy about $80 billion of Treasuries a month isn’t sufficient to mop up the federal government’s issuance. The Treasury Department last month said it expected to issue about $677 billion in marketable debt in the July-to-September quarter.
Euro zone banks borrowed a record 1.31 trillion euros ($1.47 trillion) from the European Central Bank on Thursday, taking advantage of negative interest rates to meet growing demand for credit from companies hit by the deepest recession in living memory.
Applications for loans to buy homes may be surging, but the availability of such credit is tumbling.