Gold rallies toward ‘golden cross’ after defying bearish signal
Gold futures have climbed to their highest prices since August 2020, just eight weeks after a death cross in prices signaled the potential for further...
Why Bill Ackman thinks the economy will soon need a Fed rate cut
Stock markets are setting up for another day of gains, thanks to Fed Gov. Christopher Waller, who sparked fresh optimism that the central bank is...
A wall of debt rolling over: Here’s what’s scaring Bridgewater’s co-CIO
A weak session is setting up for Tuesday, with oil under pressure after unexpectedly downbeat China export data. So the preference is for bonds this...
Wall Street braces for another $1.5 trillion in borrowing needs by Treasury
Some big Wall Street banks are expecting next week’s refunding announcement by the Treasury to reflect the government’s large and ongoing borrowing needs. JPMorgan Chase...
1970s-style stagflation may be at risk of repeating itself, Deutsche Bank warns
A major Wall Street bank is warning about the risk that inflation expectations could become unanchored in a fashion similar to the 1970s stagflation era....
Bill Ackman says Treasury yields are going higher in a hurry, and that investors should shun U.S. government debt
Bill Ackman has had a good summer, with his bet on 30-year Treasury bonds paying off in dramatic fashion over the past few weeks. In...
Gold futures settle at a 3-week high as U.S. economic data pressure the dollar and Treasury yields
Gold prices settled Tuesday at their highest in three weeks, as data showing declines in U.S. consumer confidence and job openings weakened both the dollar...
‘We are buyers of gold on weakness’: Yellow metal resilient as real rates surge, says Morgan Stanley
Gold appears resilient amid the recent surge in real interest rates, presenting a buying opportunity over the intermediate term, according to Morgan Stanley’s wealth-management business....
Gold prices notch a third straight session climb
Gold futures on Tuesday tallied a third straight session climb — the longest consecutive daily rise since mid-July. Moves in the U.S. dollar and Treasury...
U.S. dollar could soon wipe out all of its post-pandemic gains, Soc Gen strategist warns
The slide in the U.S. dollar in the last eight months could mean that mean all of its gains in the wake of the coronavirus...