House Speaker Nancy Pelosi has proposed the next multi-trillion dollar "coronavirus relief" spending bill that will support testing, tracing, treatment, isolation, and mask policies that have been part of a "national strategic plan" she has been advocating. The Trump administration is not opposing Pelosi's plan on principle. Instead, it is haggling over the price.But, even if the strategic plan co...Read More
Yale University's Stephen Roach joins "Squawk on the Street" to discuss rising tensions between the U.S. and China.Stephen S. Roach, former Chairman of Morgan Stanley Asia and the firm's chief economist, is a senior fellow at Yale University's Jackson Institute of Global Affairs and a senior lecturer at Yale's School of Management. He the author, most recently, of Unbalanced: The Codependency of A...Read More
Over the weekend President Trump announced new Executive Orders for payroll tax cuts, extending unemployment benefits (although lower) and a moratorium on evictions. $600 Unemployment Check Cut To $300 Under Trump Executive Orders-States Asked To Add $100 https://www.forbes.com/sites/rachelsa...The US Treasury General Account got to all time record high (nosebleed) levels over $1.8 trillion Dollar...Read More
Cyclical credit contraction. Stock market is vulernable to a downturn that no one sees coming. Going into the fall you can have a much more severe correction, especially the NY Market. Don't use the Wuhan Flu to make any investing decisions, both long or short. The liquidity events could be very severe and substantial. Where we're getting huge excesses in Silver, we're getting very high excesses i...Read More
Mohamed El-Erian, chief economic advisor at Allianz, joins "Squawk Box" to discuss what he thinks could be the biggest threat to the markets in the midst of the coronavirus pandemic. Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services company. He is the former CEO and co-Chief Investment Officer of PIMCO, a global investment firm and one of the world's lar...Read More
"Science depends on diverse contributions, and benefits everyone, so this means we must make it inclusive."Continue...Read More
See you later, college football."I never thought that I would have serious health complications from this virus, but look at what happened."Continue...Read More
This interview was filmed on August 6, 2020. With gold at a never-before-seen price level, what's next for the yellow metal? Nick Santiago, chief market strategist at InTheMoneyStocks, said that while gold could dip lower in the near term, the current cycle will see it rise much higher. "I think this is the tip of the iceberg in the run longer term. In the short run we are very extended, very over...Read More
Demetri Kofinas speaks with Rick Rule, President & CEO of Sprott US Holdings and Senior Managing Director of Sprott Inc. a global, alternative asset manager focused on precious metals and real assets with approximately 12 billion dollars in assets under management.After spending most of the last decade in a period of prolonged underperformance, gold has spent the last two years on a tear, up 67% s...Read More
Danielle DiMartino Booth is CEO & Chief Strategist for Quill Intelligence LLC, a research and analytics firm. She spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly economic newsletter She is the author of Fed Up: An Insider's Take on Why the Federal...Read More
People are erroneously stating that Donald Trump's executive order signed over the weekend "cuts payroll taxes on workers." It doesn't. It defers the taxes, meaning you still have to pay them at a later date.Continue...Read More
The presidential election is now less than three months away. A lot can happen in three months. But today I'm issuing a blockbuster election prediction that might shock you.Continue...Read More
Bob Moriarty discusses a wide variety of topics including the difference between an opinion and a market position (i.e. You don't have to make every bet), whether it matters who wins in November, and precious metals juniors Continue...Read More
But another $25-billion taxpayer bailout is tucked into the stimulus package. The stock market loves bailouts and hates the effects of capitalism.Continue...Read More
"The Board believes that the dividend increase is sustainable and is reflective of the ongoing robust performance of our operations and continued improvement in the Continue...Read More
"It's probably treason; it's a horrible thing they did.""This should never happen again. This was a setup like we've never seen."Continue...Read More
TOPICS IN THIS INTERVIEW:-Markets compared to other historical crashes.-Earnings disconnect.-Will the crash correlate to an event or cyclical?-Bond market: more destruction of capital than the stock market.-Tech stocks to fall more than rest of market.-State run, government controlled world, it's HERE.Charles Nenner founded, and is president of, the Charles Nenner Research Center. Mr. Nenner has p...Read More
Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identifying and studying demographic, technological, and geopolitical trends. He has a free daily newsletter at www.harrydent.com called "Survive and Prosper." Mr. Dent accurately predicted Japan's collapse in 1989, the d...Read More
U.S. monetary policy and government stimulus measures will continue to support gold prices above $1,800 an ounce even if the Federal Reserve doesn't use any type of yield curve control measures.Expectations are growing for the U.S. central bank to launch a program that will cap low-end interest rate yields as early as September; however, Axel Merk, president and chief investment officer at Merk In...Read More
Sprott Money News ? Sprott Money News Weekly Wrap-up - 7.10.20Eric Sprott has more than 40 years of experience in the investment industry. In 1981, he founded Sprott Securities (now called Cormark Securities Inc.), which today is one of Canada's largest independently owned securities firms. In 2001, Eric established Sprott Asset Management Inc. Over the years, Eric has personally been the recipie...Read More