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    Most Millennial Renters Can't Afford to Buy a Home
Nov 28, 2019 - 05:15:26 PST
About 3 in 5 millennial renters who can't purchase a home say the biggest challenge is a down payment, according to a survey from Apartment List.
The real-estate market has been slow to respond to the low interest rate environment, and rates appear to be on an upward trajectory.
    Mighty Dollar Maddens Trump: OMFIF
Nov 28, 2019 - 05:10:43 PST
It is no secret that President Donald Trump is displeased with the dollar’s strength. Whether there is much he will or can do about this is another matter.
Ongoing civil unrest in Hong Kong is the biggest geopolitical threat to global markets, an economist told CNBC.
    Yield Curve Control Is a Bond Trader’s Nightmare
Nov 28, 2019 - 04:59:01 PST
“Brainard — wow.”That was how Russ Certo, managing director of rates at Brean Capital, summarized remarks this week from Federal Reserve Governor Lael Brainard. Ian Lyngen at BMO Capital Markets called her comments “remarkable.” I had the same feeling.Technically, Brainard’s speech
    Iran Says 731 Banks Were Torched in 'Vast' Unrest Plot
Nov 28, 2019 - 04:50:21 PST
The worst anti-government unrest in Iran since authorities put down demonstrations against election fraud in 2009.
    BOJ's Kuroda Offers Endorsement to More Fiscal Spending
Nov 28, 2019 - 04:41:00 PST
Kuroda on Thursday endorsed government plans to compile a fiscal spending package for disaster relief and measures to help the economy stave off heightening global risks.
Dallas Fed Kaplan said on Wednesday that he is open minded about looking at an average period longer than 12 months for the economy's inflation.
“Climate-impact criteria should be used to screen all assets currently eligible for monetary operations.”
Despite eight years of monetary stimulus with measures including bond purchases & negative interest rates, the previous president, Mario Draghi, was unable to reignite inflation.
The drop was the biggest since a 9.7 percent fall in March 2015, and was worse than a 4.4 percent decline predicted by economists.
    After the US-China Trade War: Stephen S. Roach
Nov 28, 2019 - 04:20:23 PST
Trade truce or not, a protracted Cold War-like conflict between the United States and China has already begun. That should worry the US, which, unlike China, is devoid of a long-term strategic framework.
    China Is out of Economic AMMO
Nov 28, 2019 - 04:18:28 PST
China's most obvious method of retaliation would be to stop buying American goods...
    Global Trade Seen Staying Under Pressure into Next Year
Nov 28, 2019 - 04:15:30 PST
An index by freight giant DHL fell to a four year-low in November...
    Gold Gains as Hong Kong Tensions Fuel Trade Deal Doubts
Nov 28, 2019 - 04:01:28 PST
Gold inched up on Thursday as investors bought the safe-haven metal on doubts about whether the United States and China will seal a trade deal after President Donald Trump signed a legislation supporting Hong Kong protesters.
China on Thursday summoned the US ambassador and threatened retaliation after US President Donald Trump signed legislation supporting Hong Kong pro-democracy protesters, just as the world's top two economies edge towards a trade truce.
A huge whale is taking on gold and taking on the COMEX. Harvey explains...
The gold options market saw $1.75 million in block trades betting the precious metal could almost triple in more than a year, surpassing the record.
The federal debt has increased by $1,303,466.578.471.45 since last Thanksgiving, according to data released by the U.S. Treasury.
    Discovering Switzerland’s Silver Buried Treasure
Nov 27, 2019 - 12:41:08 PST
The 293 silver Roman coins recently unearthed in a Basel forest are just the tip of the treasure chest.