* Fed has "disproportionate" impact on emerging economies -Carney * Poorer nations must ensure central bank independence, curbdebt * Regulators eyeing redemption terms for illiquid investmentfunds (Adds detail from speech, context)By Stanley White and Leika KiharaTOKYO, June 6 (Reuters) - Central bankers in the UnitedStates and other rich nations should take more account of theimpact the...Read More
* Rates to stay at current levels through H1 2020 * Rates cuts, more QE were discussed as contingency measures * Best TLTRO rate 10 basis points over deposit rate * New economic forecasts see slower 2020, 2021 (Adds more details, comments)By Balazs Koranyi and Francesco CanepaVILNIUS, June 6 (Reuters) - The European Central Bank onThursday ruled out raising interest rates in the next year andeven...Read More
Take advantage of the first amendment, and participate in a nation-wide poll.With the 2020 election growing ever closer, the country continues to be divided politically.From disputes about the appropriateness of displaying the Confederate flag, to rights for minorities, and the ever-growing concern about security at the U.S. border, the 2020 election promises to be contentious... if not the most c...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average rose sharply for a second day Wednesday, lifted by signals of a potential interest rate cut from the Federal Reserve. Apple (AAPL - Get Report) was higher after CEO Tim Cook told CBS News he didn't think the tech giant would be targeted by China should the ongoing trade war between...Read More
Russell Napier is an Edinburgh-based consultant who writes about issues impacting the global equity markets. Previously a strategist for CLSA Asia Pacific Markets, where he contributed to the development and scope of CLSA's equity research, he is now an independent strategist at and co-founder of ERIC, an online platform for the sale of high-quality individually priced investment research. He is t...Read More
Dr. Chris Martenson PhD & Chris Waltzek PhD - June 4th, 2018. * Download MP3 formatHighlightsDr. Chris Martenson of PeakProsperity.com, author of Prosper! notes the global "everything bubble." Virtually every asset class was inflated by profligate monetary policies and various fiat schemes. The global economy could be on the cusp of a 2nd Great Recession due in part to protectivist trade...Read More
Perhaps surprising no one, global manufacturers are now in contraction mode for the first time since 2012. That's according to the most recent reading of the sector's health, the purchasing manager's index (PMI), which headed lower for a record 13th straight month in May. The PMI posted 49.8, down from 50.4 a month earlier. As a reminder, anything above 50.0 indicates expansion; anything below,...Read More
Miles Franklin sponsored this article by Gary Christenson. The opinions are his.Christopher Whalen wrote "Trump is Right to Blow Up the Fed." He stated:"Anybody who cares to read the 1978 Humphrey Hawkins law will know that the Fed is directed by Congress to seek full employment and then zero inflation. Not 2 percent, but zero. Yet going back a decade or more, the Fed, led by luminaries such a...Read More
- Stefan GleasonMost Americans take food abundance for granted. Grocery store shelves are always stocked, and America's agricultural sector always grows more than enough corn, wheat, and soybean crops to keep the food production system humming along smoothly.That all could change as abruptly as the weather. In fact, historically wet conditions throughout the Midwest have put this year's spring...Read More
Although oil prices and Treasury yields have been falling an anticipation of a widely advertised economic slowdown in Europe and China, U.S. stocks are rising as though boom times lie ahead. What is going on?? It would appear that bulls simply cannot control themselves when there is talk of Fed easing. The prospect of QE3 has been in the news lately, driving a short-covering rally that has p...Read More
By: Ira EpsteinGold reaching into resistance areas we have seen before:Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
The reasons to own it never changed & are now more important than ever.With the world re-entering a period of greater economic instability, with the central banks painted into a corner, with global stocks looking weaker by the day, the price of gold is starting to shine again.The yellow metal has recently hit all-time highs priced in a number of world currencies (the dollar not among them...yet).I...Read More
Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," as well as a popular daily financial blog: www.jugglingdynamite.com. Danielle worked as an attorney until 1997 when she was recruited to work for an intern...Read More
If there is one concept that illustrates the difference between a top-down macro-economic approach and the reality of everyday life it is the velocity of circulation of money. Continue...Read More
Here we go again. After a couple of big trading sessions, gold - for the sixth time in five years - is approaching the $1,350-ish level that has, each previous time, stopped it cold.Continue...Read More
The story line is going out that the economic boom is weakening and the Federal Reserve has to get the printing press running again. The Fed uses the money to purchase Continue...Read More
This Friday's jobs report will help determine the future of Fed policy, specifically when it comes to whether or not they should cut rates to boost the economyContinue...Read More
As economies around the world slow, central banks will once again be forced to devalue their currenciesContinue...Read More
The transaction will enhance this company's nearby existing project. Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) announced in a news release it entered into an agreement to acquire the Goldstorm project from Mountain View Gold for 25,000 Seabridge common shares.Goldstorm, which consists of 134 mining claims and 1,160 leased acres (about 3,900 acres in all), is in the Northern Nevada Rift (NNR) and...Read More