The graphic illustrates the main factors driving the debt upwards, as well as the potential impact down the road.
Screens flashed red across most asset classes, with investors on edge ahead of a slew of earnings, a U.S. rate decision....
Most price forecasts aren’t worth more than an umbrella in a hurricane. There are so many factors, so many ever-changing variables and dynamics, that even the most educated guess almost always ends up wrong.Further, some forecasts base their predictions on one issue. “Interest rates will rise so gold will fall.” That’s not even an accurate statement, let alone a sensible prediction (it’s the real rate that affects gold prices—the rate minus inflation).
U.S. regulators are scrutinizing one of the world’s largest cryptocurrency exchanges as questions mount over a digital token linked to its backers.
Frank Holmes shares his insight on why he believes the gold price will go up due to understated inflation and a rising Consumer Price Index
The stakes could not be higher. In either scenario, we are looking at a potential stock market correction (at best) or crash (at worst).
The prosperity is an illusion built on a series of Fed-created bubbles.
As a reminder, the yawning gap between exuberant confidence and desperately low savings rates has not ended well in the past...
Gold futures rise as global equities see a second day of weakness and bond yields continue to rise.
Having bounced back from the Coincheck-hack crash, cryptocurrencies are extending yesterday's ugliness today and accelerating to the downside...
"The world is so indebted courtesy of artificial low rates that rising rates will present a clear and present danger to the sustainability of economic growth in the long term."
The ECB and the euro look like the only glue holding together the 19 countries of the monetary union
Rates continue to rise, though stocks remain oblivious. The yield on the 10-Year US Treasury continues to soar, with a confirmed breakout from its 10-year downtrend. Now, cynics would ask, “why does this matter? The yield is at the same level as it was in 2009, 2010, 2011, 2013, and 2014.” It matters because throughout
“I expect the S&P 500 to lose approximately two-thirds of its value over the completion of this cycle.“
(30Y Mortgage Rates Near Highs Since 2014) As Home Price Growth Hits 6.41% YoY (Seattle Fastest, DC Slowest) The US Treasury 10-year yield has risen to its highest level since 2014 (red line). And Bankrate's 30-year mortgage rate survey is near its highest level since 2014…
Or what the averages are hiding.
"The further the central banks intervene to force populations whose growth is decelerating to overshoot, the longer the duration and severity of the resultant ultimate rebalancing."
When silver breaks out to the upside it will be surprisingly sharp rally
The key message of this update is that gold is getting closer and closer to breaking out
Jeff Gundlach is warning investors not to misjudge the “dangerous cocktail” of rising interest rates and a weakening dollar.