Biden’s Problems Are The Real Threats
Biden’s Problems Are The Real Threats Authored by Newt Gingrich via RealClearPolicy, Democratic analysts don’t seem to understand why the all-out legal assault on President Donald Trump isn’t working. It’s because they keep talking among themselves and not with the American people. The American people don’t live and work in the New York-Washington political-media-government bubble. […]
Think Tank Expert Recommends Measures to Halt De-Dollarization
To counter de-dollarization, the US should maintain domestic stability, pursue strong trade partnerships, and promote technological solutions, according to Carla Norrlöf, a think tank expert. Although the move away from the US dollar by countries like Russia, China, and other BRICS states has accelerated, Norrlöf believes that with strategic actions, the US can keep the […]
WTI Falls After Unexpected Crude & Gasoline Inventory Builds; Biggest Imports In 6 Years
WTI Falls After Unexpected Crude & Gasoline Inventory Builds; Biggest Imports In 6 Years Oil prices extended gains this morning following the cooler than expected CPI (supporting rate cuts and potential demand) following API’s reported crude draw overnight. “This week’s big recovery has weakened the bears’ hold on the market, although more price action is […]
Bond Market's Recession Alarm Continues, Stock Market Impact Uncertain
A bond-market indicator signaling a recession has been flashing since 2022, the longest on record, but it doesn’t always predict immediate stock market trouble. Verdad Advisers analysts suggest this time might be different. Typically, equity investors react negatively when an inverted yield curve steepens, as it often signals a Fed response to economic downturns. However, […]
Consumer Price Growth Slows, Potential Relief for Fed Rate Decisions
The Consumer Price Index (CPI) showed a slight and unexpected dip in May, suggesting potential price relief for consumers and raising questions about the timing of Federal Reserve interest rate cuts. Annual inflation eased to 3.3% from 3.4% in April, below expectations. Monthly inflation was flat, the lowest since July 2022, and core CPI, excluding […]
Dollar Tumbles as Traders Anticipate Fed Rate Cuts Following Inflation Data
The dollar fell on Wednesday after data showed May’s consumer prices rose less than expected, fueling speculation that the Federal Reserve might cut interest rates as soon as September. Headline inflation was flat, and core prices increased by 0.2%, both below forecasts. This has boosted the probability of a September rate cut to 73%, up […]
8 Suspected Illegal Alien Terrorists Arrested In New York, Philadelphia & LA
8 Suspected Illegal Alien Terrorists Arrested In New York, Philadelphia & LA For nearly a quarter-century, Americans have been subjected to mass surveillance via the Patriot Act. Yet, while the government violates the privacy rights of Americans with warrantless surveillance, the safety of the country is being undermined by top left-wing officials flooding the open southern border […]
U.S. Crude Oil Tops $79 as DOE Predicts Supply Deficit
U.S. crude oil prices rose above $79 per barrel on Wednesday, extending gains as the Department of Energy (DOE) and OPEC projected a supply deficit due to increased demand. The DOE raised its global oil consumption growth forecast to 1.1 million barrels per day (bpd) for this year, up from 900,000 bpd, while OPEC maintained […]
Gold Prices Rangebound Ahead of Key U.S. Inflation Data, Fed Decision
Gold prices remained stable within a narrow range on Wednesday as investors awaited U.S. consumer inflation data and the Federal Reserve’s interest rate policy announcement. Spot gold slightly dipped to $2,314.56 per ounce, while U.S. gold futures rose to $2,331.10. The market is focused on the Fed’s stance on rate cuts, influenced by persistent inflation […]
Asian Gold Demand Surges Despite Near-Record Prices
Despite near-record prices, gold demand in Asia is soaring as buyers seek a hedge against geopolitical and economic uncertainties. Spot gold is trading above $2,300 per ounce, up 12% year-to-date and close to its all-time high. Reduced confidence in real estate and equities is driving this demand. Analysts suggest that once economic conditions stabilize, interest […]