Precious metals are apparently waking up. And here is where you can find the best deals.
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“I am concerned. Things have to get worse – you don’t have a move like this end without disorder. It just never happens,” Jeffrey Gundlach said in an email.
It’s often said that inflation is the bogeyman for bond traders. Indeed, accelerating price growth diminishes the value of each fixed interest payment over the years. Investors would be better off buying assets that increase along with prices, like real estate or equities, in theory.This
Record-breaking low yields in the Treasury market are part of action not seen in bonds for 40 years, according to JP Morgan's Bob Michele.
Kyle Bass of Hayman Capital Management believes “this too shall pass,” when it comes to the deep selloff in the market on Monday — the Dow was down more than 2,000 points early — but he’s in no hurry to buy up stocks at bargain prices.
The S&P 500 is shaping up to have one of its 10 worst days in history.Stocks opened down 7% this morning, triggering a “circuit breaker” that halted trading for 15 minutes to prevent panic selling.Volatility is high across all assets. Gold touched a 7 year high, above $1700/oz, before retreating back down toward $1,670 per oz at time of writing.And silver is down 3% at $16.83.As Jeff Clark has shown, during a steep sell-off like today, all assets typically move lower together:
"Gold could go through $2,000 this year, especially post the Federal Reserve's emergency action last week and the follow through we expect from them,"
The Centers for Disease Control and Prevention said Monday that it now has the testing capacity in 78 state and local public health labs across 50 states to test for the coronavirus.
President Donald Trump is expected to attend the meeting, which is scheduled to be held Wednesday.
The U.S. Federal Reserve should consider using an economic model in which private credit markets play an important role in reallocating uneven income across lifetimes so that people can consume smoothly,...
The Fed expanded the size of its repo market operations to ensure that the plumbing of the financial system can withstand the shocks of the coronavirus and the crash in oil prices.
"This is going to be treacherous for a while. I would advise most retail investors to stay on the sidelines, not panic. There will be opportunities but they're not now," the chief economic advisor at Allianz said.
Europe is now down over 22.5% - a bear market - from highs just 3 weeks ago...
WHO says threat of pandemic ‘has become very real’ even as China recoveries rise...
“The fact that the price has broken the 1700 mark, it leads us to believe that there are strong chances for the price to cross this level again.”
News, analysis and comment from the Financial Times, the worldʼs leading global business publication
In terms of sentiment shifts, few episodes compare with what’s happening in U.S. stocks now. With each lurch, the longest-ever bull market is coming closer to an end.
Markets around the world are nosediving on Monday owing to a combination of plummeting oil prices and a surge in global coronavirus cases.
Central banks want to show they can raise inflation. This sudden fall in fuel costs makes that far harder, at a point when the response to the emergency cut showed that the market was already losing confidence in their ability to do so.
The entire U.S. yield curve fell below 1% for the first time in history as rising expectations that the Federal Reserve will cut policy rates to zero in the coming months drove investors to reach for longer-dated securities.
In 2008, trillions of dollars in risky mortgage debt fed a worldwide recession. Now a different kind of ballooning debt could hurt the world economy.