Stocks ended the week higher after Federal Reserve Chair Janet Yellen emphasized that rate hikes by the central bank will be gradual, spurring the market-implied odds of a rate hike at the April FOMC meeting to drop to zero. MACRO NEWS: Speaking at the Economic Club of New York on Tuesday, Federal Reserve Chair Janet…
“Markets can remain irrational longer than you can remain solvent.” – John Maynard Keynes With the major stock market indices either ending in the red or merely edging into the green territory – in terms of their year-to-date performance – investors remain highly skeptical about where to invest for better returns. Indeed, the first quarter…
With the European PPI numbers coming out on Monday and taking the headlines, the reality is that it should be a fairly calm session as we got the US jobs numbers on Friday. However, there are a couple of assets that we are paying attention to. Gold approaching support? Gold markets fell last Monday…
Retirement Insecurity – A Tale Of Two Retirements – CEOs And The Rest Of Us Changing the rules that allow platinum pensions for CEOs and increase retirement insecurity for the rest of us Co-published by the Center for Effective Government and the Institute for Policy Studies Authors Sarah Anderson directs the Global Economy Project at…
How quickly the oil production freeze narrative has fallen apart. Source: stockboardasset Indeed, it’s been a tough two days for oil bulls holding on to hope that excess oil production will normalize in the near term and that the world’s oil suppliers would somehow manage to curb oil production in the aftermath of the OPEC’s November…
I think that Rickards is correct in his judgement, and joins many others including Kyle Bass, who because of their backgrounds are much harder to ridicule and dismiss by the creatures of the bullion banks. And in some of their more recent remarks about this, one can almost feel the desperation. And here and there,…
Since the beginning of the year, international news has slowly but consistently been grinding slower. It started with a series of policy missteps from China followed by Japan’s 4Q contraction. US news has also slowly ground weaker. The EU can’t seem to generate any inflation and, thanks to a strong sterling, the UK is relying solely…
Gold prices settled at $1222.19 an ounce on Friday, making a gain of 0.49% on the week but suffering a loss of 0.47% over the month. The XAU/USD pair initially moved higher and tested the 1285/0 area but found significant amount of resistance – which then led to long-side profit taking- and reversed its course….
Stocks resumed their rally last week after Janet Yellen reassured investors that things are so bad she won’t raise interest rates any time soon. The Dow Jones Industrial Average (DIA) jumped 277 points, or 1.6%, to 17,792.75 while the S&P 500 (SPY) added 37 points, or 1.8%, on this idiotic “bad news is good news” scenario. The…
To Listen to the Podcast Audio Click Here Mike Gleason: It is my privilege to speak with Gerald Celente, published of the renowned Trends Journal. Mr. Celente is a frequent and highly sought after guest on news programs throughout the world, and has been forecasting some of the biggest and most important trends before they happen…
