The New York Fed is authorized to buy and sell Treasury securities to the extent necessary to carry out the most recent Federal Open Market Committee (FOMC) directive. Operation results include all outright purchases and sales of Treasury securities conducted, including small value exercises.
The Credit Suisse analyst foresaw the recent trouble in the financial system’s plumbing. He says it’s not over.
Financial & geopolitical uncertainty combined with low interest rates will likely continue supporting gold investment demand. Net gold purchases by central banks will likely remain robust even if they are lower than the record highs seen in recent quarters
Volatility Shares LLC has applied to Cboe Global Markets Inc. to register an exchange-traded fund that would give investors the ability to short futures on the Cboe Volatility Index, according to a new filing.
Buybacks by S&P 500 companies continue at an aggressive pace. This makes up for shortfalls coming from margin debt and money market assets. Help of late is also coming from the Fed.
Budget watchdogs are howling over last-minute deals that will add hundreds of billions of dollars to the deficit as part of year-end spending legislation.
“losses will be huge when the economy turns down”. Pimco, the bond-focused manager that oversees almost $1.9tn in assets, has said it remains “cautious” even as “central banks are accommodative and near…
Morgan Stanley Wealth Management has released a list of 10 geopolitical risks looming for markets in 2020 that are “keeping us awake,” according to authors led by Scott Helfstein.
On a year-over-year basis, both incomes and spending re-accelerated but it was incomes that outperformed - up 4.9% YoY, the highest since Dec 2018...
A report found that more than 9,300 stores have closed or are closing across the United States in 2019, including locations operated by Payless, Gymboree, Fred’s, Walgreens, Family Dollar, and many more.
Expectatiosn for inflation over the next 5 to 10 years tumbled to just 2.2% - the lowest in its 40-year history...
It was an eventful week as far as news goes, but a rather quiet one in the gold and silver markets. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey covers impeachment and the phase 1 trade deal. He also talks about politicians and their propensity to break things and then woo us with promises to fix them. It's a little bit like an arsonist coming to the rescue and putting out the fire. Except in the case of government, the fire never really gets put out.
Is fiscal stimulus on the horizon? Kevin Muir, market strategist at East West Investment Management and author of "The Macro Tourist," argues that the declining efficacy of monetary policy will force governments to run-up even larger budget deficits.
More than two years before Nixon slammed down the “gold window,” Volcker, the recently appointed undersecretary of the treasury for monetary affairs, gave an oral presentation to Nixon and his closest advisors on US balance-of-payments problems.
The world’s sovereign debt markets just got a little bit riskier as speculation grows that central banks will follow Sweden and edge away from uber-low interest rates.
Developing countries racked up a “towering” $55tn of debt by the end of last year, in a borrowing surge since the financial crisis that has been the fastest and widest in modern history...
The IMF reported that total global debt rose to $188 trillion at the end of 2018, equivalent to nearly 230 percent of the world's economy.
Michael Every, head of Asia financial markets research at Rabobank, talks about central banks' policies, the implications for financial markets, and the trade war between the U.S. and China. He speaks with Juliette Saly and Yvonne Man on "Bloomberg Markets: Asia."
The only question is whether Europe will become the satellite of the U.S. or of China.
Christmas has come early on Wall Street and across global market, as world stocks melted up to new record highs on quadruple expiration Friday.