Goldman Says “Good Opportunity To Buy Dip” In Obesity Drug Stocks
Goldman Says “Good Opportunity To Buy Dip” In Obesity Drug Stocks Novo Nordisk shares in Europe appear to be forming a base after a 5.5-month bottoming process, following a mid-2024 peak and a subsequent 71% collapse. Goldman analyst Faris Mourad is telling clients this week that “obesity drugs narrative sentiment is on the rise” and […]
Gold Breaks $5,500 as Metals Rally Accelerates
Gold rockets past $5,500 per ounce, hitting fresh records as investors pile into safe-haven assets. Global gold demand reached an all-time high in 2025, while Bitcoin’s “digital gold” narrative takes a hit. Copper surges on China speculation, and the Fed holds rates steady at 3.5-3.75%.Read More
Futures Rise As Meta Jumps, Microsoft Plunges; Gold Just Won’t Stop
Futures Rise As Meta Jumps, Microsoft Plunges; Gold Just Won’t Stop Futures are higher, led by tech, after the first batch of Mag7 earnings with gold breaking new record highs again, rising as high as $5600. As of 8:00am ET, S&P futures are up 0.2% while the Nasdaq if barely in the green; pre-mkt it’s […]
‘No Hire, No Fire’ Economy Exposed As Continuing Jobless Claims At Lowest Since Sept 2024
‘No Hire, No Fire’ Economy Exposed As Continuing Jobless Claims At Lowest Since Sept 2024 The number of Americans filing for jobless benefits for the first time decline from 210k (upwardly revised from 200k) to 209k (slightly above the 205k exp), but remaining near those multi-decade lows and showing no signs of labor market stress. […]
Tether To Become “Gold Central Bank” In Post-Dollar World, CEO Ardoino Says
Tether To Become “Gold Central Bank” In Post-Dollar World, CEO Ardoino Says Authored by Danny Park via TheBlock.co, Tether CEO Paolo Ardoino told Bloomberg that he expects the company to become one of the largest gold central banks in the world. The company plans to start trading its gold reserves for additional profit. Tether owns […]
Gold’s Purchasing Power: What One Ounce Buys Over Time
What can one ounce of gold actually buy? The answer reveals gold’s true value better than any price chart. In 1971, one ounce bought dinner for three at London’s Savoy Grill. Today, it buys dinner for fourteen. A quality suit cost one ounce in the 1920s—and still does today. Meanwhile,…Read More
Despite Two Dovish Dissents, Fed Holds Rates As Expected; Upgrades Growth, Lowers Labor Risks
Despite Two Dovish Dissents, Fed Holds Rates As Expected; Upgrades Growth, Lowers Labor Risks Tl; dr: Despite two dovish dissents, The Fed is likely on an “extended pause” noting strong activity data and signs of stabilization in the labor market. However, Goldman “expects easing to resume later in the year as a moderation in inflation allows […]
Gold Breaks $5,300 as Fed Meets, Dollar Craters
Gold surged past $5,300 for the first time as the Federal Reserve begins its policy meeting amid growing dollar concerns. Silver hit $116, squeezing solar manufacturers. The dollar dropped to four-year lows on Fed independence fears. Meanwhile, Australia’s inflation is heading the opposite direction.Read More
“America Is Back!!”: President Trump Celebrates S&P Topping 7,000 As ‘Gamma Wall’ Looms
“America Is Back!!”: President Trump Celebrates S&P Topping 7,000 As ‘Gamma Wall’ Looms After continuously hitting the ‘Gamma Wall’ discussed by Goldman’s Brian Garrett… …the S&P 500 index opened higher this morning after strong results from ASML (and a slew of AI industry headlines), trading above 7,000 for the first time… President Trump took the […]
Deutsche Bank Shares Tumble After Offices Raided In Money-Laundering Probe
Deutsche Bank Shares Tumble After Offices Raided In Money-Laundering Probe Deutsche Bank shares are down over 3% in early trading following reports that German police raided their offices in Frankfurt and in Berlin on Wednesday morning, as part of an investigation into money laundering. “We confirm that the Frankfurt public prosecutor’s office is on site in our […]