Chinese nationals account for nearly 20% of all foreign buyers of American real estate.
For central bankers around the world, acting locally now means thinking about China.The spread of the coronavirus will likely hit mainland growth hard enough to warrant a global monetary-policy response. That means cuts in interest rates to follow last year's easing steps.
Has the outlook turned bearish in the short-term?
Gold rose on Wednesday on bargain hunting, reversing course from a two-week low touched earlier, as investors latched on to the metal’s overall uptrend on the back of a low interest rate environment globally and lingering uncertainties.
Stocks rose on Wednesday, building on the week's already strong gains, as investors recover from a recent drop sparked by coronavirus fears.
What are the "launchpad" numbers?
As of Wednesday, more than 24,000 cases of coronavirus have been reported, resulting in at least 490 deaths.
The primary driver of stock prices is supposedly earnings, right? So how is it that earnings as a percentage of GDP have been falling since a peak in late 2014, and yet the major averages like the DJIA and SP500 are up 60% since then?
Let the news and headlines speak for themselves, but read them carefully, there’s a point to all of them: “Techs are back with a big vengeance. People continue to chase momentum,”…
Using a scientific method initially developed to measure human skulls, researchers from MIT and State Street say there's a 70% of recession in the next 6 months.
The last time the world faced a global pandemic of epic proportions was the 1918/1919 Spanish flu.
The Treasury announced it would return to selling twenty-year treasury bonds to aid in funding the nation’s trillion-dollar deficit.
Economic contagion due to the coronavirus is underway. Hyundai halted production. Sony, Apple, and Ford issued warnings.
Having predicted last year that a recession would begin in the summer of 2019 and that it would likely start with a major repo crisis, I am now proven wrong by 2019’s fourth-quarter GDP. If t…
The New York Federal Reserve said it accepted $47.5 billion in overnight bids from primary dealers in a repurchase agreement (repo) operation, a move intended to keep the federal funds rate within its target range.
The Exchange for Physicals (EFP's), however, is enormous...
Gold rose 4.8 per cent in January to hit a seven-year high on Friday, as investors sought out the safe-haven asset amid the coronavirus outbreak, a trend that will support its price this year, analysts said. Even after a retreat this week, it was up 4 per cent year to date on Wednesday.
Despite crystal clear evidence, the mirages of economic growth and low inflation prevent us from seeing reality...
Precious metals, including gold and silver “Metals sat out most of the bull market, there’s catch-up potential there,” ...
Tencent's "Epidemic Situation Tracker" briefly showed confirmed coronavirus cases as of Feb 1 at 154,023, 10 times the official figure at the time, with a death toll of 24,589... and then everything quietly changed.