Worst Kept Secrets
Worst Kept Secrets By Benjamin Picton, Senior Macro Strategist at Rabobank Speaking at the Jackson Hole Symposium on Friday evening, Jerome Powell confirmed the worst kept secret that the Fed is poised to deliver an interest rate cut in September. Powell said that “the time has come for policy to adjust”, but didn’t give any […]
UBS Analysts: Gold Market Not Overextended Despite Record Prices
UBS analysts believe gold prices are poised for further gains despite already reaching record highs. Here’s a summary of their key points:Gold’s recent rally is driven by a favorable macroeconomic environment, including dovish Fed expectations, lower interest rates, and a weaker US dollar. Geopolitical risks and the upcoming US elections are also boosting investor interest. […]
Bank of America "Buy Gold Like Central Banks"
Gold is experiencing a remarkable rally, outperforming even tech stocks with a 20% year-to-date gain. Bank of America strategist Michael Hartnett advises investors to continue buying gold, despite its record-high prices. He believes potential Federal Reserve rate cuts could reignite inflation, historically benefiting real assets like gold. Interestingly, the rally is driven by unprecedented central […]
Soft Landing Scenario May Limit Scope of Fed's Interest Rate Reductions
Federal Reserve Chair Jerome Powell has signaled a likely interest rate cut in September, sparking optimism in the stock market. However, traders may be overly enthusiastic about the extent of future rate reductions. While the Fed is preparing to lower rates without facing a major economic crisis, the pace and magnitude of cuts are likely […]
Gold Climbs as Powell Paves Way for September Rate Cut
Gold prices are nearing record highs as Federal Reserve Chair Jerome Powell’s recent comments signal an imminent interest rate cut, possibly as soon as September. The softening dollar and expectations of lower interest rates are driving investors towards gold as a safe-haven asset. Central bank purchases and strong demand in key markets like India and […]
Bullion Bulls Eye $3,000 as Fed Signals Policy Shift
Gold’s rally above $2,500 appears poised to continue as the Federal Reserve signals upcoming rate cuts. Lower yields, a weaker dollar, and renewed interest from Western investors through ETF inflows are expected to support higher gold prices. The metal has already seen impressive gains in 2024, with some analysts projecting it could reach $3,000 by […]
Global Rally Pauses As Yields Rise On Surging Oil
Global Rally Pauses As Yields Rise On Surging Oil US futures edged fractionally higher to start the week with small-caps outperforming as last week’s rally, when euphoric investors bought stocks after Fed Chair Jerome Powell’s dovish tilt at Jackson Hole, fizzled. As of 8:00am ET, S&P 500 futures gained 0.1% while and Nasdaq 100 futures […]
Cornell University To Offer Course On “Ecological Justice” Focused On “Feminist, Queer, And Trans Perspectives”
Cornell University To Offer Course On “Ecological Justice” Focused On “Feminist, Queer, And Trans Perspectives” By Sarah Prentice of Campus Reform Cornell University is set to offer a course on ecological justice from feminist, queer, and trans perspectives. Cornell University The Ivy League school will teach a “Ecological Justice: Feminist, Queer, and Trans Perspectives” class that […]
Vote For Harris If You Want Radical Racial Indoctrination Of Your Kids
Vote For Harris If You Want Radical Racial Indoctrination Of Your Kids Authored by Mike Shedlock via MishTalk.com, What starts in California and Minnesota is guaranteed to not stay in California and Minnesota if you vote for Harris. “Liberated” Studies Hit Minnesota Beginning in kindergarten, the state’s schoolchildren will be indoctrinated in radical racial ideology. […]
These Are The Countries Committing The Most Aid To Ukraine
These Are The Countries Committing The Most Aid To Ukraine As Statista’s Martin Armstrong shows in this infographic, based on the Ukraine Support Tracker from the Kiel Institute for the World Economy, Ukraine currently receives the most aid from the U.S. and EU institutions (Commission and Council). The amounts shown include financial support (loans, grants, etc.), humanitarian […]