Consumer Debt Jumps In March As Student Debt Unexpectedly Soars
Consumer Debt Jumps In March As Student Debt Unexpectedly Soars One month ago, just as our long-running narrative that US consumers had been living with maxed out credit cards for the past year was becoming mainstream, the Fed’s February consumer credit data confirmed as much: a huge, 6-sigma miss to expectations of a $15BN print, […]
Fed Rejects Trump Calls To Cut Rates: Warns Of “Increased” Stagflationary “Uncertainty”
Fed Rejects Trump Calls To Cut Rates: Warns Of “Increased” Stagflationary “Uncertainty” Since the last FOMC meeting, on March 19th, a great deal has happened – Liberation Day, bond market crisis, stock market crash, a tariff pause, stock market surge, sentiment slump but labor market and hard data surged… and trump has demanded rate-cuts… oh […]
SAXO Bank: Chinese Demand Propels Gold Higher
Despite speculative traders reducing their net long positions by 55% since September to a 14-month low, gold has surged nearly 28% this year, already surpassing many analyst’s 2025 expectations. Two key trends are emerging: gold makes its biggest gains during non-US trading hours while struggling during US pit hours, and…
China Slashes Interest Rates to Counter Trump’s Tariff Impact
China’s central bank has announced multiple measures to counter the economic impact of U.S. tariffs, including cutting interest rates and reducing bank reserve requirements. These moves aim to free up approximately $137.6 billion for lending. The announcement comes as both countries prepare for trade talks and as President Trump’s high…
Sound Money, Make Some F*cking Noise
Sound Money, Make Some F*cking Noise Submitted by QTR’s Fringe Finance Twice during the NBA playoffs last night, I saw the same commercial talking about the Federal Reserve’s ability to print unlimited cash and the negative effect it has on Americans’ purchasing power. Putting aside the fact that the commercial was advocating for Bitcoin and […]
Markets Turn from Gold as U.S.-China Schedule Tariff Talks
Gold prices fell by 1.2% to $3,388.49 an ounce on Wednesday as markets responded positively to news that U.S. and Chinese officials will meet in Switzerland this weekend to discuss tariffs. This meeting between U.S. Treasury Secretary Scott Bessent and Chinese economic official He Lifeng comes after both countries imposed…
Fed Expected to Hold Rates Steady Despite Trump’s Push for Cuts
President Trump is pushing for interest rate cuts from the Federal Reserve, but the central bank is expected to maintain current rates at its May 7 meeting. Despite Trump’s social media criticism that the Fed has been “TOO LATE AND WRONG,” experts predict a 97% chance rates will remain at…
Gold Soars To Another New High, What’s The Message?
Gold Soars To Another New High, What’s The Message? Authored by Mike Shedlock via MishTalk.com, There are three messages. Do you see them? Three Messages Gold does not believe the Fed is under control Gold does not believe Congress is under control Gold does not believe Trump is under control And neither do I. Think! […]
Trade Talk Hopes Outweigh Geopolitical Tensions as Gold Prices Slip
Gold prices dropped by as much as 2.1% after the US and China announced upcoming trade talks in Switzerland, reducing demand for safe-haven investments. This decline follows a nearly 6% surge over the previous two days. Despite escalating military tensions between India and Pakistan, investors focused more on the potential…
Ghana Gold Mine Merger on Hold: AngloGold and Gold Fields Pause Joint Venture Talks
Two major gold mining companies, AngloGold Ashanti and Gold Fields, have decided to pause talks about combining their neighboring mines in Ghana. The proposed joint venture would have created a massive operation producing 900,000 ounces of gold annually in its first five years. While both companies still consider the merger…