Precious metals are apparently waking up. And here is where you can find the best deals.
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Jun 8, 2020 - 05:25:27 PDT
The Bureau of Labor Statistics said the unemployment rate would likely be 16.3 percent, not 13.3 percent, if not for the misclassification of a large number of workers as 'absent' from work instead of temporarily laid off.
A rip in the fabric of the economy won’t be healed easily, and denial of the severity of the crisis won’t solve it.
The Federal Reserve may have stoked one of the strongest corporate debt market rallies in decades, but it’s too soon to declare an all-clear for credit with the economy facing a potentially rocky road ahead.Sure, U.S. investment-grade borrowing costs have retreated to near all-time lows...
20/20 Economic Projections Will Leave Everyone Disappointed: Lance RobertsJun 8, 2020 - 05:15:58 PDT
The benefit of hindsight is like having 20/20 vision. However, expectations of a down "V-shaped" economic recovery will likely leave everyone disappointed.
Emerging-market currencies will see little reprieve over time even as the reopening global economy eases investor fears and the U.S. dollar weakens, according to strategists at Barclays Plc.Currencies and government bonds issued by emerging-market countries look too expensive given the...
Even as the U.S. economy begins to flicker back to life, even as job cuts slow and some laid-off people are called back to work, the scope of the devastation left by the viral pandemic has grown distressingly clear to millions who’d hoped for a quick return to their jobs: They may not be going back anytime soon.
The Federal Open Market Committee's two-day meeting will be the highlight in an otherwise quiet week.
China’s plan to ramp up spending to support the economy is meeting an inevitable challenge: a slump in income due to the pandemic-induced downturn.China’s 2020 Fiscal Spending to Rise 13% to Counter SlumpMost major income sources will shrink in 2020, the government estimates.
The pandemic’s grip on U.S. Treasuries has loosened, allowing yields to take flight. The Federal Reserve’s next move will show just how far they can soar.The world’s haven market is coming off its roughest week since September on signs the economy is fighting its way back to health.
The US government agency responsible for publishing labour market statistics is struggling to pin down the actual unemployment rate in the world’s largest economy.
Federal Reserve Chairman Jerome Powell will be on hand to offer reassurance to investors this week that he’ll keep policies in place to aid the U.S. economy at a bleak moment of recession, disease and civil unrest.Fed officials -- who have already unleashed a torrent of liquidity to ease...
The Fed is about to launch a $600 billion gambit to save swaths of U.S. businesses and tens of millions of jobs threatened by the coronavirus crisis. Wall Street is far from confident the Fed can pull it off.At issue is the Main Street Lending Program, a high-stakes juggling...
Policymakers watching the S&P 500 might ease up on the stimulus that helped create the rally.
"I think we’re going to see an extraordinary number of large corporate bankruptcies, not just in the U.S. but across the globe."
The coronavirus has infected more than 7 million people around the world as of Monday, killing at least 403,112 people.
Expect attacks on gold whenever major government fundraising is being arranged or there's big economic news. President Trump will support all this as...
Anybody who has studied history knows that this won’t end well for America. Are you prepared for what’s about to happen?
The gold stocks just rolled over into a correction, raising concerns about their massive upleg. These higher prevailing gold prices have...
These events (and others) would push gold well past $2,000 per ounce, on its way to $3,000 per ounce and ultimately much higher along the lines described above.