Most bank analysts are projecting a modest upside for gold this year. Some are a bit more bullish (but not much) because of no meaningful cut in the US government’s gargantuan debt. "Trump's election...
Remember President George W. Bush’s “Hemispheric Energy” Dream? The Dream is not dead! Not only is President Trump going to make American Energy great again, but apparently the resignation of...
US economic activity looks set to post softer growth in the government’s upcoming fourth-quarter GDP report. Based on the median nowcast from several sources, output appears set to downshift to the...
Washington Post says Trump could scale back tariff plans. Dollar drops; stays pressured even after Trump’s denial. Nasdaq and S&P 500 gain, driven by tech stocks. Dollar Pulls Back on Tariff...
After a long pause since the final rate hike this cycle in July 2023, the Federal Reserve initiated its easing cycle with a first-rate cut in September 2024. The only other time in recent history...
The status quo has it backwards: low rates are now essential to prop up the wreckage left from previous doses of default and cascading losses.The economy depends on two related drivers: low interest...
Shares of NVIDIA soared 171% in 2024, but quieted in the back half of the year The company will present at two of the biggest conferences of the year this week and next With its Q4 earnings...
The December ISM Manufacturing PMI data came in better than expected on Monday morning, coming in at 49.3, which happens to be a 9-month high. Anything below 50 (orange line) is still in contraction...
It’s a big week for US economic data, which could push long-term rates towards 5%, especially if the data comes in stronger than expected. On Tuesday at 10:00 AM, we’ll get the JOLTS report and ISM...
In April last year I took a look at the market potential for a downturn that ultimately, never materialized. That scenario was negated by the break of the March high during the summer, followed by a...