Gold miners' stocks rocketed out of mid-March's stock panic, breaking out to major new bull-market highs in mid-May. Such blisteringly-fast gains, and gold stocks' upleg stalling out since, have left many traders nervous about this sector. Calls for a serious selloff are mounting. But arguing in favor for more near-term gains to come, gold stocks never grew overvalued in this post-panic...Read More
In accepting the Democratic nomination for the presidency on July 2, 1932, President Franklin D. Roosevelt spoke of a "new deal for the American people" who had been ravaged by the Great Depression. After winning the 1932 election by a landslide, FDR, as he came to be known during World War II, took immediate action to bring about economic relief to the unemployed through public works programs,...Read More
The latest forecasts from Fastmarkets' team of analysts are ready to view.Depending on which market one looks at, prices of coated steels have either risen, fallen or remained roughly the same since mid-May. One crucial impact of the Covid-19 pandemic that has swept the world this year is the decoupling it appears to have created between global steel markets.In China, prices of most steel products...Read More
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