Playbook for the Next Crisis – Where These Experts Are Investing | Gammon, Maloney & Moss
In this eye-opening panel discussion, George Gammon, Mike Maloney and Mark Moss dive deep into the economic realities we face today.
Rickards: This Is What Will Destroy The Dollar
Rickards: This Is What Will Destroy The Dollar Authored by James Rickards via DailyReckoning.com, Janet Yellen gave a speech on Sept. 26 at the 2024 U.S. Treasury Market Conference in New York. The speech was largely about risks in the banking system and the market for U.S. Treasury debt. In a pre-speech interview with Politico, Yellen […]
Of 435 House Seats Only 11 Are Rated Tossup
Of 435 House Seats Only 11 Are Rated Tossup Authored by Mike Shedlock via MishTalk.com, The outcome in a mere 11 seats may determine which party wins the House of Representatives. The odds of a clean sweep by either party in the Senate, House, and White House are not that great. Democrats are highly likely […]
Of 435 House Seats Only 11 Are Rated Tossup
Of 435 House Seats Only 11 Are Rated Tossup Authored by Mike Shedlock via MishTalk.com, The outcome in a mere 11 seats may determine which party wins the House of Representatives. The odds of a clean sweep by either party in the Senate, House, and White House are not that great. Democrats are highly likely […]
Last Time Halloween Shoppers Spent Less, It Was…
Last Time Halloween Shoppers Spent Less, It Was… The National Retail Federation’s annual Prosper Insights & Analytics survey shows that total Halloween spending is forecasted to drop by 5% to $11.6 billion this year, down from last year’s record $12.2 billion. With inflation still elevated and interest rates sky-high, low- to mid-tier consumers are expected […]
“Insane Demand”? ASML Pukes After Dismal Third Quarter Results, Forecast Slashed
“Insane Demand”? ASML Pukes After Dismal Third Quarter Results, Forecast Slashed ASML Holding (ASML) shares plunged Tuesday morning after third-quarter bookings missed average analyst estimates and forecasts were slashed. Nasdaq puked on this news as the whole AI ‘insane demand’ narrative unravels. The Dutch company that makes the chip-making machines used by major players in the semiconductor industry […]
Central Banks Maintain Gold Appetite Despite Price Surge
Central banks continue to value gold as a key component of their reserves, despite recent price increases and a slowdown in purchases by some countries. Representatives from the Czech Republic, Mongolia, and Mexico emphasized the importance of gold for diversification and security at a recent bullion conference. While global central bank gold purchases have slowed […]
Cash Stays Put: Why Rate Cuts Don't Always Trigger Stock Market Inflows
Despite expectations that investors would move money from cash to stocks after interest rate cuts, historical data shows this isn’t always the case. Even after the Federal Reserve began lowering rates, money continued to flow into money market funds. This trend suggests investor caution and uncertainty about the economic outlook, rather than a rush to […]
Central Banks Signal Bullish Outlook on Gold Amid Global Uncertainties
Central banks worldwide are showing renewed interest in increasing their gold reserves, as highlighted by recent comments from officials representing Mexico, Mongolia, and the Czech Republic. These central bankers cited factors such as geopolitical tensions, lower interest rates, and economic uncertainty as reasons for potentially expanding their gold holdings. This shift in strategy comes amid […]
Fed's Waller Urges Prudence in Rate Cut Decisions Amid Economic Strength
In response to recent economic indicators, Federal Reserve Governor Christopher Waller has advocated for increased caution in implementing interest rate cuts. Waller noted that while his overall outlook still supports gradual rate reductions, the latest data on inflation, employment, and economic activity suggest a need for a more measured approach to loosening monetary policy compared […]