A citizen DIY movement, not unlike the WW2 victory gardens, could and should be promoted, making millions of masks in short order for us all to wear...
Gold may reach $2,500 per ounce in the third quarter due to Fed stimulus, says B Riley FBR analysts led by Adam Graf in a note this week. “Regardless of how much longer recession conditions will continue and how much further general equity markets might retreat, extreme monetary and fiscal stimulus policies enacted on a global basis will have repercussions.”
September 17, 2019 was a significant day in American economic history. On that day, the New York Federal Reserve began emergency cash infusions into...
“QE to Infinity, followed by Gold balancing the balance sheets of the sovereign balance sheet disasters. Just as there is no tool other than QE to feign financial solvency, there is no tool to balance the balance sheet of the offending entities other than Gold. It is just that simple.”
Pelosi has begun assembling proposals for Congress’s next round of stimulus legislation, just three days after the largest economic relief package in U.S. history was enacted.
CNBC's Kelly Evans breaks down markets with Matt Maley of Miller Tabak and Hugh Johnson of Hugh Johnson Advisors.
The question everyone is asking: is the market meltdown over? If you watched nothing other than mainstream news you might be inclined to think that we have come through the storm and are ready to pick up the pieces, board the rocket ship, and launch the markets back to the stars. Mike Maloney begs to differ. Join him in this latest update as he shows why he believes we are in either a dead cat bounce, or a ‘crack up boom’. Thanks for joining us.
For most of the 182 years between 1789 and 1971, the United States embraced the principle of a dollar linked to gold — at first, at $20.67/oz., and then, after 1933, $35/oz.
The U.S. mortgage finance system could collapse if the Federal Reserve doesn’t step in with emergency loans to offset a coming wave of missed payments from borrowers crippled by the coronavirus pandemic.
Jay Powell's seemingly blinkered proclamation that "he sees no prospective consequences... is a clear-and-present-danger for creditors of The United States."
We acknowledge there is elevated uncertainty around the outlook for the balance sheet, but anticipate it will approximately double in size from end '19 to end '20.
We are at a critical moment in the history of politics and markets. Everyday the U.S. government stares into the fiscal and monetary abyss and chucks trillions in hoping that will be enough to finally fill it.
Is it a short term thing and a big recovery is just around the corner with the help of unprecedented monetary and fiscal stimulus, or will the monetary and structural consequences be so severe that a larger recession, depression even, is inevitable?
We can anticipate a federal bailout of pension funds and one-time aid to state and local governments, but bailouts won't repair the eroding foundations of tax revenues.
If the 2008 financial crisis is any guide, world markets - which have barely had time to recover from the dollar's 9% surge in mid-March - may be set for another damaging bout of strength in the greenback.
President Trump just signed into law a massive coronavirus relief package, pumping $2 trillion of stimulus into the economy to prevent a catastrophe. It’s hard to imagine just how much money is at stake, much less where it’s going and who is going to benefit. That’s why we created our latest visualization.
Millions of Americans already have lost their jobs due to the coronavirus crisis and the worst of the damage is yet to come, according to the Federal Reserve.
Adding trillions of dollars of borrowing to the U.S. national debt is necessary fiscal support because of coronavirus-related shutdowns and won’t hamper the country’s ability to grow in the future, says Federal Reserve Bank of St. Louis President James Bullard.
The ECB plans to pump more than 1 trillion euros into the economy this year alone as the 19-nation currency union faces the deepest recession in its history.
That's a huge concern as forecasters expect the U.S. unemployment rate in the months to come to surpass that seen during the depths of the Great Depression.