Precious metals are apparently waking up. And here is where you can find the best deals.
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What this evidence suggests is that, contrary to conventional thinking, not only does money printing not lead to increasing price inflation, it can actually lead to price disinflation and possibly deflation. Perhaps QED in this context should mean, Quantitative Easing equals Deflation.
Debt-repayment problems are increasing among borrowers in the rapidly growing market for private credit, where specialist funds make loans directly to smaller companies often without banks involved.
There’s growing concern among many people that the economy won’t restart in time to save them from paying the rent, their mortgage or going hungry.
If you have ever handled gold leaf, you know it's pretty thin. Paper-thin, in fact. But did you know we can go thinner?In fact, scientists can take gold and silver into two dimensions. Sounds crazy, eh? Like flat earth or something. But the research team of Ulrich Starke and his former doctoral student Stiven Forti have successfully created a gold layer only a single atom thick. It's two-dimensional gold, so to speak.
A Shocked Wall Street Responds To Payrolls, Offers 3 Options What HappenedJun 5, 2020 - 07:11:31 PDT
"This being the Trump era, you can't completely discount the possibility that they've gotten to the BLS..."
Watch Live: Trump Speaks After Surprisingly Strong Jobs Report: 10 a.m. ETJun 5, 2020 - 07:03:15 PDT
President Donald Trump is slated to deliver his remarks in a news conference Friday following the largest job gain ever.
ECB Comes at Inflation With Fire From All Barrels. Haven’t We Heard That One Before?: Barron'sJun 5, 2020 - 06:56:06 PDT
The European Central Bank is focusing again on its old enemy — the specter of deflation — and even the tools it designed to help the eurozone out of the coronavirus crisis are now geared toward trying to boost inflation, which has come down to dangerously low levels since the beginning of the year.
The Federal Reserve has announced a raft of emergency lending programs, with approval from the Treasury Department, to help the U.S. economy weather the devastating impact of the coronavirus pandemic. These could ultimately deploy trillions of dollars in lending.
The economy has gone through the quickest and arguably the deepest collapse in history, but the stock market has been rallying. How can this be? In this episode of the Friday Gold Wrap podcast, host Mike Maharrey says look no further than the Federal Reserve. Despite the economic chaos, it has managed to blow up stock market bubble X.0 He also talks about a move China recently made that ups the ante in the "war on cash."
Nonfarm payrolls in May were expected to decrease by 8.333 million while the unemployment rate was seen rising to 19.5%, according to economists surveyed by Dow Jones.
Jun 5, 2020 - 05:28:35 PDT
Central bank digital currencies might one day replace commercial banks. But that comes with risks, according to new research from the Federal Reserve of Philadelphia.
Jun 5, 2020 - 05:24:44 PDT
I think the economic forecast and the economic situation is so dire, people are just throwing crazy amounts of money at the problem.
Sentiment was the weakest since the financial crisis, according to a flash measure from GfK. Households became more gloomy about the outlook for the economy and their own financial situation over the next year.
Japan's household spending fell at the fastest pace on record in April as the coronavirus shut down travel and dining-out in the world's third-largest economy, while fears of higher job losses chilled consumer confidence.
In May, the Japanese government approved a second large-scale ¥117tn ($1.1n or 21% of Japan’s GDP) economic rescue package, matching the size of the first stimulus introduced in April.
Big crises seem to be occurring more often and Fed interventions are growing ever bigger in size and broader in scope. Whatever you thought was the size of the moral-hazard problem before, now it’s gotten even larger.
The May Unemployment Rate Is Expected to Be Near 20% as Millions More Lost JobsJun 5, 2020 - 04:49:49 PDT
“This May number is going to be bad,” he said. “We’re looking at an unemployment rate approaching Great Depression levels.
World stocks held their ground near three-month highs as the euro hit its highest level since March 10, thanks to Europe's stimulus boost, fuelling hopes for a global rebound.
QE Infinity? The European Central Bank’s Emergency Stimulus Has No Real End in SightJun 5, 2020 - 04:40:04 PDT
The European Central Bank is expected to keep buying government bonds for the foreseeable future after slashing its own inflation forecasts until 2022.
Unprecedented levels of monetary stimulus cannot address underlying disruption to the global economy, according to former Federal Reserve Governor Randy Kroszner.