Precious metals are apparently waking up. And here is where you can find the best deals.
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tate and federal lawmakers alike want Congress to send more cash in the next round of COVID-19 legislation to aid ailing cities and states.
At the end of the day, Congress knows that when literally tens of millions of jobs, millions of small businesses and dozens of vital industries are at stake, you don’t haggle over the details. You just rescue them.
Household debt balances through March totaled $14.3 trillion, a 1.1% increase from the previous quarter and now $1.6 trillion clear of the previous nominal high of $12.7 trillion in the third quarter of 2008 during the financial crisis...
"...the 4.8% rate of economic decline seen in the first quarter will likely be dwarfed by what’s to come in the second quarter. "
Emerging markets owe more than $8.4 trillion in foreign-currency debt, or about 30% of the developing world’s GDP.
Germany's top court on Tuesday gave the ECB three months to justify bond purchases under its flagship stimulus programme or lose the Bundesbank as a participant, raising questions about both the scheme and the euro's future.
Companies Tap Bond Markets at Record Rate to Ride out Coronavirus DownturnMay 5, 2020 - 07:19:32 PDT
Companies raised new debt on bond markets at a record rate in April, with European markets clocking up their busiest month for capital raising as firms scrambled to access money to see them through the coronavirus crisis.
Germany's Constitutional Court is once more dealing with the question of whether the European Central Bank's asset purchases constitute illegal state funding. A "Yes" from Germany's top judges could lead to chaos.
Italian bonds dropped the most in the euro zone after a wrist slap given to the European Central Bank by the German constitutional court over its quantitative-easing program led traders to wonder if other debt-buying programs may be challenged.
Of the 20 cities Knight Frank analyzed, only four -- Lisbon, Monaco, Shanghai, Vienna -- will avoid falling into negative territory in 2020 either because of historic supply shortages or because transactions were able to continue during lockdowns.
...foreign trade was already diminishing heading into the pandemic, and now, faced with supply chain disruptions, a surge in unemployment and plunge in demand, the world’s largest economy has pulled back more dramatically...
Global silver demand nudged higher in 2019 thanks to a 12% increase in investment demand as retail and institutional investors focused their attention on the long-term investment appeal of the white metal according to a report highlighted in the latest edition of the Silver Institute's Silver News.
What historically happens to the gold price with every $500 billion increase in US deficit spending? What does this say about the current environment?
Some of the largest hedge funds are raising their bets on gold, forecasting that central banks' unprecedented responses to the coronavirus crisis will lead to devaluations of major currencies.
Welcome to your future. Your government is spending it right now. And your children's and grandchildren's future to boot.The US Treasury plans to borrow $2.99 trillion in the second quarter. The Treasury also plans to borrow another $677 billion in the July-September quarter, bringing the total fiscal 2020 debt to $4.48 trillion.It's a level of borrowing that's difficult to even wrap your head around.
The Fed was never able to significantly shrink that balance sheet without rattling markets. And then the coronavirus pandemic struck. Now, the Fed's balance sheet has climbed to a record $6.7 trillion and analysts expect it will soon climb to $10 trillion. "It's just this perpetual cycle that we can't seem to get off," said Boockvar.
With the U.S. economy sinking into a severe recession, the Federal Reserve is set to launch a high-risk program through which it will lend money to small and medium-sized companies outside the banking industry for the first time since the Great Depression.
Only monetary policy addresses credit throughout the economy. Until inflation and real interest rates rise from the grave, only a policy of effective deep negative interest rates, backed up by measures to prevent cash hoarding by financial firms, can do the job.
With bailouts for Big Finance and tax-sheltered corporations, working people are paying the costs of the crisis.
U.S. mortgage firms facing billions of dollars of missed home loan repayments are continuing to push for emergency government support as data published Monday showed a further rise in borrowers asking to halt payments.