Inverted Yield Curve Signals Caution, But Economic Strength Defies Predictions
For the past 16 months, one of Wall Street’s most trusted indicators for predicting recessions, the inverted yield curve, has been signaling a potential economic downturn. This phenomenon occurs when the interest rates on short-term bonds exceed those of long-term bonds, traditionally seen as a harbinger of recession. However, despite this alarm, the actual economic […]
READ MOREThe Great Cash-Out: Billionaires Have Sold a Combined $11 Billion in Company Stock This Month
The Billion-Dollar Sell-Off: This month, notable figures including Jeff Bezos, Leon Black, Jamie Dimon, and the Walton family have collectively divested $11 billion worth of their company shares, marking a first for some in this high-profile group. Do they know something we don’t?
READ MOREHarmony Gold Announces Record Dividend as Profits Skyrocket
Harmony Gold, South Africa’s largest gold miner by volume, has announced a record interim dividend following a significant increase in both gold production and profits for the six-month period ending in December. The company’s strategic operations, including the enhancement of mine grades and the augmentation of gold output, have culminated in a 35% revenue boost […]
READ MORECore Inflation Meets Expectations, Posing Questions for Fed's Next Move
In January, inflation rates aligned with expectations, spotlighting the Federal Reserve’s key inflation metric as it contemplates interest rate adjustments. The core personal consumption expenditures (PCE) price index, which excludes volatile food and energy costs, rose by 0.4% for the month and 2.8% from the previous year, matching Dow Jones consensus estimates. This follows a […]
READ MOREGold & Silver Mining Stocks Exposed: Long-Term Reality Revealed
Join Mike Maloney and Alan Hibbard in this insightful discussion on the performance of precious metals versus mining stocks.
READ MOREAs Borrowing Costs Soar, Equity Becomes the New Frontier for Corporate Finance
The once straightforward strategy of borrowing has become a complex decision for CFOs, thanks to soaring interest rates. This shift is largely due to the Federal Reserve and other central banks increasing interest rates to the highest levels in decades, which has significantly raised the cost of debt financing. Companies across the spectrum—from smaller firms […]
READ MOREOil Prices Waver as U.S. Stockpile Growth Meets OPEC+ Supply Cut Speculation
Oil prices traded within a narrow range as the market balanced concerns over rising U.S. crude inventories with the anticipation that OPEC+ might prolong its supply reduction strategy. West Texas Intermediate (WTI) experienced a slight decrease, hovering around $78 per barrel, influenced by a broader risk-averse sentiment among traders. This reaction came after the Energy […]
READ MOREU.S. Economic Growth Hits 3.2% in Q4, Marking Six Quarters of Sustained Expansion
In the last quarter of the year, the U.S. economy expanded at a solid 3.2% annual rate, slightly less than the initial 3.3% growth estimate by the Commerce Department. This growth, spurred by robust consumer spending, marks a deceleration from the 4.9% growth experienced in the third quarter but continues the trend of the U.S. […]
READ MORECopper Prices Dip Amidst Dollar Strength and China's Real Estate Slump
Copper prices fell again on Wednesday, influenced by a combination of a strengthening dollar and ongoing challenges within China’s real estate market, which is a significant consumer of industrial metals. The price of three-month copper on the London Metal Exchange decreased by 0.4% to $8,439 per metric ton by mid-morning, reversing a brief recovery from […]
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