RFK Jr. Inching Closer To Qualifying For CNN’s June 27 Presidential Debate
RFK Jr. Inching Closer To Qualifying For CNN’s June 27 Presidential Debate Authored by Jeff Louderbeck via The Epoch Times, Robert F. Kennedy Jr. is simultaneously working to get on the ballot in all 50 states and the District of Columbia, and racing to meet a June 20 deadline to qualify for CNN’s presidential debate. […]
High Fed Rates Delay Business Investments, Slow Economy
The Federal Reserve’s decision to maintain high interest rates for an extended period has forced American businesses and consumers to delay major purchases and investments. Companies are rethinking their spending on equipment, inventory, and hiring, leading to a slowdown in economic activity. This shift is evident in the decreased projection for manufacturing capital investments and […]
World Bank Raises Global Growth Forecast to 2.6%, Citing U.S. Economic Strength
The World Bank has upgraded its global economic growth forecast for 2024 to 2.6%, driven by sustained strong growth in the U.S., which is expected to grow by 2.5%. This revision marks an increase from the previous 2.4% estimate. Despite the positive outlook, the World Bank warns that global growth remains sluggish compared to past […]
Diminished Fed Rate Cut Hopes to Keep U.S. Treasury Yields Elevated
U.S. Treasury yields are expected to remain stable over the next three months and decline slightly by year-end due to diminishing expectations of Federal Reserve interest rate cuts. After a significant drop from October’s peak of 5.02%, yields have rebounded to 4.44% amid strong economic data and persistent inflation. Financial markets now anticipate only two […]
"I Believe There's Another Banking Crisis, Probably Before the Election" Mike Maloney
In this eye-opening video, financial expert Mike Maloney discusses the imminent threat of another banking crisis, potentially hitting before…
OPEC's Robust Demand Projections Keep Oil Prices Steady
Oil prices remained stable as OPEC upheld its strong demand forecasts for 2024 and 2025, anticipating steady global economic growth. Despite a recent sell-off due to OPEC+’s decision to increase production later this year, crude oil rebounded, with U.S. crude recording its best day since February 8. Current energy prices show minor changes, with West […]
Gold Hits New Highs with Strong COMEX Positioning and ETF Inflows
In May, gold posted its third consecutive monthly gain, rising by 2% to $2,348/oz and reaching a record high of $2,427/oz before pulling back due to profit-taking. Despite moderate gains, market activity remained supportive with high net long positions on COMEX and significant inflows into gold ETFs. While no single variable dominated, factors like momentum […]
Gold Price Steadies Near $2,300 Ahead of Key FOMC Decision
The gold market is showing strong support around the $2,300 level as we approach the FOMC meeting and subsequent press conference. Despite a slight pullback, if gold captures the 50-day EMA, it could rally, overcoming last Friday’s sell-off. A drop below $2,280 might trigger a correction to $2,200 or $2,150, but the long-term uptrend remains […]
It’s Not 2000… But There Are Similarities
It’s Not 2000… But There Are Similarities Authored by Lance Roberts via RealInvestmentAdvice.com, More than a few individuals were active in the markets in 1999-2000, but many participants today were not. I remember looking at charts and writing about the craziness in markets as the fears of “Y2K” and the boom of “internet” filled media […]
Futures Slide Ahead Of Wednesday’s Main Event, As European Political Turmoil Sparks Bond Rout
Futures Slide Ahead Of Wednesday’s Main Event, As European Political Turmoil Sparks Bond Rout US equity futures are lower with small-caps lagging, while Treasuries and the dollar rose as traders braced for a landmark day tomorrow that sees the release of both CPI data in the morning and then the Fed’s latest decision at 2pm […]