Gold has maintained its purchase above a psychologically important level at $1,500 an ounce, which many technical analysts view as a bullish signal.
The FDIC on Tuesday voted to approve a five-agency revision of the post-crisis regulation known as the Volcker Rule.
Regulators stripped down rules put in place following the Great Financial Crisis that restricted speculation.
What is at the core of the latest turmoil in markets? Is it a trade war? Is it a yield curve inversion? Or is it something far more simple...like the fact that the US Dollar is on life support?
“This is insane. The Japanese are going to keep going. The Chinese print money like it’s a national pastime today. Europe is going to restart QE,” Bass said.
“We think it’s premature to declare inflation to be dead...”
Experts say, "it's different this time". Are they right? Let's consider the following...
Last week we got the updated federal budget deficit numbers. At $867 billion, the 2019 fiscal year budget shortfall has already eclipsed last year's deficit of $779 billion.The out of control spending and spiraling deficits are concerning enough on their own terms, but they become absolutely horrifying when you consider that these budget shortfalls are happening during an economic expansion. You would normally expect numbers like this during a major recession.That raises an important question: what's going to happen when the recession hits?
Veteran investor Mark Mobius gave a blanket endorsement to buying gold, saying accumulating bullion will reap long-term rewards as leading central banks loosen monetary policy and the rise of cryptocurrencies serves only to reinforce demand for genuinely hard assets. Prices climbed.“Gold
Why USD liquidity squeeze explains apparent disagreement between stock and bond markets. Why this is a U.S. Fiscal problem in the making, despite crashing bond yields...
Cutting interest rates now would only encourage homeowners and firms to take on more debt, which might exacerbate the next recession, said Boston Fed...
Italy is famous for its spells of political trouble, and the twists and turns of this summer’s government crisis are no exception.Last week the country was staring at the prospect of a new national election, which looked set to crown Matteo Salvini, leader of the hard-right League
Germany will sell an ultra-long bond at a 0% coupon for the first time on Wednesday, in a flurry of debt sales in the next two weeks offering negative rates.
Last week we reported that the mainstream is turning bullish on gold, and in recent months, a number of prominent investors including Paul Tudor Jones, Thomas Kaplan and David Roche have all talked up the yellow metal. This week, we have another well-known veteran investor saying buy gold.During an interview with Bloomberg, Mark Mobius said that at this point investors should buy gold "at any level."I think gold long-term prospect is up, up, and up."
Steen Jakobsen, CIO and chief economist at Saxo Bank, discusses the German economy.
Half of as many as 171 managers with $455 billion of assets under management argued that corporates are over-leveraged.
US President Trump is pulling out all of the stops to mobilize support for the markets and the economy in what looks like a near panic.
Negative mortgage rates in Denmark. Sub-zero yields on 10-year corporate bonds from Nestle SA. A 100-year Austria bond trading at more than twice its face value. Record low yields on 30-year Treasuries. For fund managers trying to navigate the fixed-income universe, the bond market
The ascent of the dollar is proving almost unstoppable.While U.S. President Donald Trump lamented its strength on Twitter, the greenback continued to surge on Monday, taking a Bloomberg index of the U.S. currency to its highest level of 2019.The dollar strengthened as investors shifted
The increase in national average rents slowed to a crawl in July but year-over-year rates are up 3.4%.