Precious metals are apparently waking up. And here is where you can find the best deals.
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In addition to cutting rates, banks are now forcefully telling the Fed that it will also have to either boost the size of its repos, or expand its ongoing QE4 indefinitely as the plumbing issues in the US financial system have still not been resolved,
Despite taking a beating last week as cases of the new coronavirus spread rapidly around the world, U.S. markets have yet to price in a full-scale pandemic and subsequent recession...
The worst of the coronavirus is yet to come for U.S. factories.Data released Monday by the Institute for Supply Management showed manufacturing activity hovered just above the borderline between an expansion and contraction in February. No matter how you look at it, that’s a downshift
Hoped-for stimulus can’t erase the economic pain.
The European Central Bank is preparing possible measures to provide liquidity to businesses hit by the economic fallout of the coronavirus outbreak, three sources familiar with the discussion told Reuters. The sources said no decision on the scheme is imminent as preparatory work would take time. An
Barclays now sees Japan’s economy shrinking 3.1% this quarter, far worse than the 0.3% growth projected by the bank previously...
From Richard Branson’s Australian airline to U.S.-based cinema chains and casino operators, the companies most vulnerable to the coronavirus outbreak are facing mounting pressure in global credit markets.
Surging rate-cut expectations and a desperate lunge for safe assets amid the coronavirus outbreak have earned the bond market a lot of fans in recent weeks. The resulting rally is creating a few detractors, too...
Eurozone headline inflation fell last month and the core rate rose, leaving both well below the European Central Bank target of near but less than 2pct as policymakers mull new stimulus measures to counteract the economic effects of the Covid-19 virus.
On Sunday, March, 1, Peter Schiff appeared on Fox News to discuss the market and economic turbulence surrounding coronavirus. Peter said the coronavirus isn't the real problem. It's the Fed. Everything the central bank has done since 2008 has only made things worse and set us up for an even bigger crisis.Peter opened up the interview saying that even with the big declines through the previous week, the US stock market is still significantly overvalued.
Banknotes may be spreading the new coronavirus so people should try to use contactless payments instead, the World Health Organisation has said.
Global financial ministers and central bankers will hold a conference call on Tuesday to coordinate the financial and economic response to the coronavirus.
Trump Asks Fed for 'Big Cut' After Australia Slashes Rates on CoronavirusMar 3, 2020 - 03:28:11 PST
The Australian central bank cut rates to record lows and noted the impact of the coronavirus outbreak.
The move follows the Dow's biggest percentage gain since March 2009 and largest-ever point surge.
Britain's government unveiled its plans to tackle the spread of the virus Tuesday, warning that up to a fifth of the workforce could be off sick during a peak period.
As new cases explode all over the globe, with 5 new countries reporting their first cases, health authorities continue to give out puzzlingly incomplete, contradictory and sometimes even wrong information. While our view on Thailand is provisionally shifted back to “contained” our view is that Egypt is the next unannounced hotspot.
While viruses are counted among the simplest forms of life, they have quite a bearing on its advanced forms...
As the Corona virus continues to spread, Dr. Jim Willie shares what he's seeing...
Gold and Silver are indicative of past price patterns we saw in Gold over the 2007 to 2012 rally...
The current downside move is moderately small compared to historical price rotation in Gold and potentially sets up a massive upside potential rally to levels above $2100 per ounce.