After delaying that date six times
Wall Street struggled for direction on Friday as inflation jitters and sagging technology and energy stocks offset an advance in the consumer discretionary sector led by Amazon.
So is US inflation finally arriving (as Yellen predicted a long time ago)? Core Personal Consumption Expenditures Prices QoQ grew at 2.5% in Q1. The largest increase since 2011. The Employment Cost Index QoQ grew at 0.80%, tied for the highest since 2007. The 5Y30Y Yield Curve continues to flatten towards inversion. Is there an…
Into the afternoon, the DX stabilized between 91.60-91.70, and gold drifted back to trade between $1321-$1322.50.
The recent slow growth and market volatility is clearly evident, indicators are now generally in agreement in their directions of movement.
"The Next Crash: Making the Fed an Instrument for Disaster"
Click on the image below to see gold in silver in any currency ;
Slowing growth amid rising cost pressures isn’t an optimum economic scenario. If that inspires an equity selloff, expect longer-term bonds to be the main beneficiary.
The Fed has 'no idea what's going on'
Join Dr. Ron Paul and Chris Rossini as they discuss that the U.S. government is in debt $21 Trillion, an amount that can never be paid.
"Very low indebtedness allowed rates to rise without severely negative consequences."
European currencies are facing an inflection point as investors call into question the region’s rosy growth outlook.
GDP growth fell to 0.1% in the first quarter of 2018 driven by a sharp fall in construction.
Eric Sprott says it may have been a difficult week, but you can just smell the break-out. Here's the details...
"The message for the gold bulls is that it is game-on, and gold should be making a big general uptrend."
First time buyers are being pushed out of the market, & demand is being depressed.
U.S. employment costs increased more than forecast in the first quarter as worker pay and benefits accelerated, according to Labor Department data released Friday.
"Notoriously lenient loans, with little covenant protection, comprised 75% of new loan issuance in 2017"
"The long expansion has made consumers (and economists) somewhat apprehensive about future trends."
"China will continue to expand mutual investment and cooperation on strategic major projects with Russia, and enhance the quality and level of bilateral economic cooperation,"