Gold Prevails When Fiat Fails: Central Banks Pivot in Economic Strategy
Quick Question: If the economy is strong, why are all the central banks buying gold in record amounts?
Quick Question: If the economy is strong, why are all the central banks buying gold in record amounts?
The ActivePassive US Equity ETF saw its assets under management jump 14% in a single day.
- Bank of America Securities has a constructive view on sterling for this year, but a tough start to the second quarter for the U.K. currency has caused the bank to...
Earnings season — among many other factors — has the stock market (^DJI, ^IXIC, ^GSPC) stressed, resulting in heightened volatility. Tidal Financial Group portfolio manager Michael Gayed joins Wealth! to share his perspective on why investors should adopt a defensive stance through very specific sectors. Gayed, the publisher of The Lead-Lag Report, explains that playing the market defensively involves asking, "How do you lower exposure to the factor that is likely to be most volatile?" He identifies four key areas that not only serve as leading indicators of market volatility but also tend to benefit during such periods: utilities (XLU), gold (GC=F), long-duration Treasurys (^TYX, ^TNX, ^FVX), and the US dollar. Gayed also addresses the market's concerns about geopolitical risks and long-term blowbacks to stocks. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith
- The U.S. dollar rebounded in early European trading Wednesday after the prior session’s selloff, with traders keeping a wary eye on upcoming economic data for...
On Wednesday, the Australian dollar (AUD) experienced a rally following the release of higher-than-anticipated inflation data. The core measures of inflation remained above 4%,...
On Wednesday, the US dollar experienced a decline, influenced by weaker-than-expected preliminary S&P Global PMIs. The composite index fell to 50.9, with the manufacturing sector...
According to Foresight News, the South African Financial Sector Conduct Authority (FSCA) has confirmed that it has granted cryptocurrency licenses to 75 institutions so far. The FSCA has reminded the public that its licensing authority is limited to the authorization and supervision of Cryptocurrency Asset Service Providers (CASP). CASPs are limited to providing financial services related to cryptocurrency assets as defined by the Financial Advisory and Intermediary Services (FAIS) Act.
-- Most Asian currencies rose slightly on Wednesday, as weakness in the dollar offered some relief to regional markets, although underperformance in the Japanese yen...