January 22, 2024Home Sales Hit a New Low: 2023 Ends with Weakest Performance Since 1995The real estate market witnessed a significant downturn in December, with sales of previously owned homes dropping 1% from November to 3.78 million units, adjusted seasonally and annualized. This decline marks a 6.2% decrease compared to December 2022, reaching the lowest point since August 2010. The year 2023 closed with only 4.09 million units sold, […] READ MORE January 22, 2024Gold ETFs Wane Despite Highs: A Glimmer of Hope on the Horizon?Gold futures have had a rocky start in 2024, dropping over 2.5% by January 18 to their lowest levels since early December. This decline is partly due to market adjustments in predictions of when the Federal Reserve might reduce interest rates, leading to higher bond yields and a stronger dollar, both of which are challenging […] READ MORE January 22, 2024What Does the Red Sea Disruption Mean for Europe's Economy?Recent attacks by Iranian-backed Houthi militants in the Red Sea have caused disruptions in the Suez Canal, a crucial maritime route handling 12% of global container traffic. This poses a potential risk to the European economy, which is already grappling with high inflation and teetering on the brink of a mild recession. Prolonged disruption in […] READ MORE January 22, 2024S&P 500 Nears Record High, Metals Shine Amid Dollar DipThe S&P 500 is inching towards a record high, accompanied by rises in the Dow Jones Industrial Average and Nasdaq Composite. This growth occurs alongside a decrease in Treasury yields. Metal prices are on the rise as the U.S. dollar weakens, despite robust U.S. retail sales and reduced expectations of interest rate cuts by the […] READ MORE January 22, 2024The Day the Hunt Brothers Capped the Price of Gold (Part I)In the 1970s, a pair of wealthy brothers were accused of manipulating silver prices. But it turns out, the full story is far more sinister… READ MORE January 22, 2024Gold Prices are Dropping. CBSNews Shares 5 Good Reasons to Invest NowRecently, gold has become a focal point for investors, peaking at a record high of $2,100 per ounce in early December. This surge in value led to a significant increase in investor interest and portfolio additions. However, there’s been a shift in this trend over the past week. This new decline, largely attributed to strong […] READ MORE January 22, 2024Rising Tide of Global Debt Set to Elevate Yields, Predicts Goldman SachsGoldman Sachs Group forecasts a notable increase in global debt yields, driven by escalated government borrowing and central bank actions to downsize their balance sheets. In a recent report, the financial giant’s analysis of major developed bond markets, excluding Japan, indicates a direct correlation between public debt and yield rates. For every one percentage point […] READ MORE January 22, 2024Rising Tide of Corporate Debt Defaults: An 80% Surge in 2023 Signals Troubling Trends AheadIn 2023, corporate debt defaults experienced a substantial 80% increase, with 153 companies failing to meet their debt obligations, compared to 85 the previous year. This rate was the highest in seven years, excluding the peak during the Covid-19 crisis. The defaults were predominantly among low-rated companies with negative cash flows, heavy debt burdens, and […] READ MORE January 22, 2024Warning Signs: Recent Bank Failures and the Fragile Global Financial SystemDive into the complexities of the global financial system with Mike Maloney as he explores the timeline of banking collapses. READ MORE « Previous 1 … 39 40 41 42 43 Next »
