What Would the Founding Fathers Say About Our National Debt?
June 26, 2023 by Michael Maharrey 0 0 The national debt recently blew past $32 trillion. As we approach America’s birthday on July 4, it might be a...
Interest Rates Latest: Final Hiking Stretch Will Be Hardest, BIS Says
The unprecedented cycle of global interest-rate increases is entering its most challenging stretch as inflation threatens to become entrenched, according to the Bank for International...
Notable Quotable | Today’s top gold news and opinion
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– “I find myself more and more relying for a solution of our problems on the invisible hand which I tried to eject from economic...
PMorgan’s Kolanovic sees US stocks struggling without Fed cut
Bloomberg/Alexandra Semenova/6-22-2023 “[Kolanovic] cautioned that multiple expansion and eroding pricing power make the risk-reward for US equities unattractive, adding another area of concern is ‘increasing...
Comex Countdown: The Pressure Grows in Silver and Platinum
June 25, 2023 by SchiffGold 0 0 Gold is wrapping up June which came in fairly strong with 20,101 contracts being delivered. There are still 583 contracts open...
Futures Flat Ahead Of Powell Testimony
US equity futures are flat and global markets grind lower, as bond yields and breakevens rise in reaction to the latest “shockingly” hot UK inflation...
Fed’s Powell: More rate hikes are likely this year to fight still-high inflation
WASHINGTON (AP) — With inflation in the United States still excessive, most Federal Reserve officials expect to raise interest rates further this year, Chair Jerome...
ECB Has Completed Most of Its Rate-Hike Path, Villeroy Says
(Bloomberg) — The European Central Bank has completed most of its interest rate increases, and possible further hikes would be less important in fighting inflation...
Lula, Brazil’s Senate Step Up Pressure for Rate Cut Signal
(Bloomberg) — Brazil’s central bank is discussing its next monetary policy move amid growing pressure for interest rate cuts from President Luiz Inacio Lula da...
Traders ramp up bets on 0.5 point interest rate rise
Markets priced in that the Bank of England will raise interest rates to 6pc by the end of the year – Jason Alden/Bloomberg The Bank...