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    Fed's Bostic Says New Virus Hasn't Changed His Outlook
Feb 4, 2020 - 05:10:22 PST
China's virus outbreak has prompted traders to begin pricing in a U.S. interest rate cut by June but has not swayed the views of Atlanta Federal Reserve Bank President Raphael Bostic, one of 17 Fed officials who set U.S. monetary policy.
Our call of the day from hedge fund Third Point, says several things could upset too-perfect markets this year. The spread of the coronavirus is just one of them.
The rapid spread of the virus has sparked concern over the potential fallout for the world's second-largest economy, with businesses beginning to feel the impact from falling demand...
    Stocks Rout Stemmed as China Injects $71bn Into Banks
Feb 4, 2020 - 04:57:19 PST
The People's Bank of China injected liquidity into Chinese banks on Tuesday to support the economy as coronavirus continues to spread.
The U.S. Commerce Department on Monday finalized a new rule to impose anti-subsidy duties on products from countries that it has determined undervalue their currencies against the dollar, including potentially China.
    Gold Eases on Profit Taking, Virus Scare Limits Losses
Feb 4, 2020 - 04:44:06 PST
Gold eased on Tuesday as investors booked profits after a near four-week high in the last session, but concerns about a rapidly spreading virus outbreak in China and its economic impact underpinned the precious metal.
    Pandemics, Panics and the Markets: Constantin Gurdgiev
Feb 4, 2020 - 04:40:46 PST
The good news is, to-date, the latest global health crisis does not seem to be a trigger for a major and sustained sell-off. The bad news is, we are yet to see its full impact.
Central banks in Asia face increasing calls to cut interest rates as they jump into action against a spiraling coronavirus crisis that’s hammering tourism, travel and confidence across the...
    Hanoians Queue Outside Gold Shops on God of Wealth Day
Feb 4, 2020 - 04:35:25 PST
People said buying gold on the God of Wealth Day is a tradition they had done in years, wishing for luck and good business.
It’s been three years since workers at one Wisconsin company voluntarily had microchips inserted in their hands, and it’s likely there are “more companies out there...
Those peddling the narrative that the US economy is great keep pointing to the stock market. Indeed, stocks have continued to push higher, setting records along the way. But Peter Schiff has been saying that stocks aren't being driven higher by a great economy. In a recent interview on RT Boom Bust, Peter said that if you look at the economic fundamentals, stocks should be coming down.
"We need to work from the assumption that it's already introduced" in order "to spot those outbreaks quickly and intervene to keep them small," Scott Gottlieb told CNBC.
    China’s Collapse Has Only Begun: Rickards
Feb 4, 2020 - 04:24:16 PST
Let’s hope the coronavirus is contained soon. Unfortunately, the damage to China’s economy is already happening and will persist even if the virus is soon under control.
Predicting the likely path of the prices of the metals in the near term is easy. Just look at the fundamentals. Keith explains...
The treasure hunters are thought to be searching for Yamashita's gold, a fabled hoard of bullion and other valuables said to have been buried somewhere on the islands of the Philippines at the end of World War II.
Whenever there are signs that the economy is likely to fall into an economic slump most experts advise that the central bank and the government should embark on loose monetary and fiscal policies to counter the possible economic recession.
"The coronavirus is driving investors into bonds and gold!"
This time, even big rate cuts and other forms of easing may not be enough.
Gold futures on Monday post their first loss in four sessions as U.S. equities partially bounce back from a coronavirus-triggered selloff, which has pushed...
Can money printing reverse the economic damage from the coronavirus? Can money printing continue to take stocks to new highs? Let’s explore with the help of two charts.