Precious metals are apparently waking up. And here is where you can find the best deals.
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The deluge of new liquidity from that quantitative-easing bond buying has again acted like rocket fuel for stock markets. After shooting vertically they are in real trouble when the Fed pulls back.
This is why gold is up 24% since May 2019, outperforming the stock market and most other financialized or commodity investments.
China's National Health Commission confirmed more than 17,200 cases of the coronavirus in the country and 361 deaths.
As It Confirms 11th US Case In California: Virus Updates.
The yield curve just inverted -- again.Driven by fears of a potential coronavirus pandemic that could cause widespread economic disruption, investment capital sought shelter in longer-term bonds. This flight to safety caused the curve to invert, at least for now.The sages will
German banks are stuffing vaults with money to help offset the mounting cost of negative interest rates, and some of them are running out of space.
They are trying to do what they think they need to do to prevent panic in their markets and have the ability, and willingness, to do more if it isn’t enough.
The fed funds futures market, where traders go to bet on the central bank's policy direction, is pricing in about a 58% chance of a rate cut by June, according to the CME's FedWatch tool. Traders are even making room for two cuts, assigning a nearly 60% chance of another move lower in December.
With the rapid decline in the 10-year U.S. Treasury yield falling below the 3-month rate, a reliable recession indicator is coming into play again.
As we have discussed previously, looking at equity yield, which is the inverse of the price-earnings ratio, versus owning bonds is a flawed and ultimately dangerous premise.
"It is big. It's going to paralyze China. It's going to cascade throughout the global economy," said the Allianz chief economic advisor.
Feb 3, 2020 - 07:00:55 PST
What if this Fed liquidity inspired rally produced precisely the kind of exuberant final thrust we often see at the end of business cycles?
Sink The European Union (EU)! Deutsche Bank slipped to a larger than expected loss of €5.7bn (£4.8bn) last year, as the costs of its turnaround drive hit profits. The German banking giant has now p…
Europe’s banks have come a long way since the euro zone crisis. Lenders have halved their piles of non-performing loans from 1 trillion euros ($1.1 trillion) in 2014 to 543 billion euros in the third quarter of 2019.
A month into office, economists and investors still don’t know how Argentine President Alberto Fernandez plans to dig his way out of a $311 billion debt hole and kick-start growth. They only know a when.His government last week laid out an ambitious timeline for debt talks that it aims...
The use of anti-flu an AIDS drugs has been a huge success as the country with the largest number of infected patients tries to contain the outbreak within its own borders.
The chief economist of the European Central Bank has called for housing costs to be given more weight in the way inflation is measured in the eurozone.
The world’s largest bond market looks set for yet another bout of fear-induced trading next week, and this one could drive yields back to the panicky lows reached a few months ago.
It is going to get worse before it gets better for the stock market, says prominent technical analyst Ralph Acampora.
The stock market is unlikely out of hot water when it comes to the realities stemming from the coronavirus.