One of Wall Street’s top metals expects predicts gold will breakout this year. With gold prices sinking to 2019’s lowest level last Thursday, Standard Chartered’s Suki Cooper believes they’re closing in on oversold territory. One of her key assumptions: The Federal Reserve keeps its interest rate hike policy on hold through next year. It’s a …
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Why There’s a 75% Chance of a Recession
BY MATTHEW JOHNSTON Updated Apr 18, 2019 Stocks are soaring again as the Federal Reserve’s attempt to engineer a soft landing by pausing its rate-hiking cycle has curtailed fears of an imminent recession. But some argue the damage has already been done and a recession is likely just around the corner. Ten, or more than 75%, of the …
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Gold Halts Slide After Euro Data; Still Well Below $1,300
Bullion and gold futures advanced slightly from four-month lows Thursday as anemic manufacturing numbers out of Europe renewed worries about growth in the world’s largest economic bloc…
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Gold Revisits $1,300 on Fed Watch, China Buying
Investing.com – Will the Fed cave in to Donald Trump and lower interest rates? The gold market would sure like to know. Bullion, as well as futures of gold, hit $1,300 levels for the first time in more than a week on Monday as the U.S. president’s demands that the Federal Reserve turn its current …
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The Retirement Crisis Is Much Worse Than You Think
Are you sitting down for this? According to a recent survey, one in five American adults have nothing saved for retirement or emergencies. A further 20 percent have squirreled away only 5 percent or less of their annual income to meet certain financial goals. Less than a third of all Americans have saved at least …
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Economy slumping faster than expected, with fourth-quarter GDP revised down
March 28, 2019, 6:27 AM PDT By Reuters The U.S. economy slowed more than initially thought in the fourth quarter, keeping growth in 2018 below the Trump administration’s 3 percent annual target, and corporate profits failed to rise for the first time in more than two years. Gross domestic product increased at a 2.2 percent annualized …
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Wait Until You See The Price Of Gold In Venezuela Right Now
By Frank Holmes | August 6, 2018 Paper Money Eventually Returns To Its Intrinsic Value… ZEROISTOCKPHOTO Last month in Venezuela’s capital city of Caracas, a cup of coffee would have set you back 2 million bolivars. That’s up from only 2,300 bolivars 12 months ago, meaning the price of a cup of joe has jumped …
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This Favorite Warren Buffet Metric Tells Us A Stock Market Crash Could Be Coming
By Matthew Frankel | Published August 1, 2018 © Getty Images Warren Buffet speaking to reporters Without question, Warren Buffett and the rest of Berkshire Hathaway‘s (BRK-A, BRK-B) investment team incorporate many different metrics when evaluating prospective companies to acquire and stocks to buy. However, Buffett himself has mentioned one specific metric as the best indicator of stock valuations, …
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Correction Worse Than February Is Looming, Morgan Stanley Says
By Dani Burger | Updated July 31, 2018 Cyclical stocks fall behind despite strong earnings support Tech-stock pain is just the start of more losses, bank says The market’s leaders have gone missing this earnings season. For Morgan Stanley, that’s a worrying sign that the stock rally may have exhausted itself. Despite more than 85 …
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This ‘Prophet Of Doom’ Predicts Stock Market Will Plunge More Than 50%
By Sue Change | July 31, 2018 John Hussman, president of Hussman Investment Trust, describes himself as an economist, a philanthropist, and a “realist optimist often viewed as a prophet of doom” on his Twitter profile. That last bit may be the one investors care about on Monday as the stock market shows signs of …
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