Fed's Current Economic Outlook and the Latest Rate Cut SpeculationsThe Federal Reserve’s latest meeting underscored a robust U.S. economic outlook, with Chair Jerome Powell indicating that while rate cuts are on the horizon, immediate reductions are unlikely. The central bank seeks further evidence of inflation control before adjusting rates, emphasizing a methodical approach to ensure sustained economic stability. This cautious stance aims to balance […] READ MORE IMF Cautions Against Premature Rate Cuts by Central BanksThe International Monetary Fund (IMF) has issued a warning against hasty rate cuts by central banks, arguing that premature easing could jeopardize global economic stability. This cautionary stance reflects concerns over the delicate balance between stimulating growth and controlling inflation, as economies worldwide navigate the complexities of post-pandemic recovery and geopolitical uncertainties. READ MORE U.S. Labor Market Surges with 353,000 New Jobs in January, Crushing ExpectationsIn January, the U.S. economy showcased its resilience by adding 353,000 jobs, significantly surpassing the Dow Jones estimate of 185,000. Meanwhile, the unemployment rate remained steady at 3.7%, defying expectations of a rise to 3.8%. Remarkably, average hourly earnings surged by 0.6% for the month, doubling the forecast and indicating a year-over-year wage increase of […] READ MORE The Asset that Soared 100X Past GoldEveryday people willingly spend years of their earnings on a mundane object in one of the first market manias in history… READ MORE January 2024: Europe's Record-Breaking Bond SalesJanuary 2024 saw Europe’s bond market shatter records, with over €350 billion in new debt sold. Public sector issuances, particularly from sovereigns, accounted for a staggering 55% of this total, highlighting a bumper month supported by a rush to secure yields before expected central bank rate cuts. Countries like Italy, Spain, France, and Germany led […] READ MORE Gundlach Skeptical of 'Goldilocks' Economy, Foresees RecessionJeffrey Gundlach, CEO of DoubleLine Capital, expressed skepticism towards the optimism of a “Goldilocks” economy—a scenario where conditions are just right for growth without triggering inflation. Speaking on CNBC’s “Closing Bell,” Gundlach voiced his concerns that such a perfect balance is unrealistic, especially after Federal Reserve Chair Jerome Powell’s recent remarks, which Gundlach interprets as […] READ MORE WGC: Gold Demand to Hit Record With Central-Bank BuyingGold demand reached an all-time high last year and is poised for further growth in 2024, fueled by anticipation of US Federal Reserve interest rate cuts, as reported by the World Gold Council (WGC). In 2023, overall gold consumption surged by approximately 3% to 4,899 tons, marking the highest level recorded since 2010. This increase […] READ MORE US Mortgage Rates Dip Slightly to 6.63%, Offering Hope to HomebuyersMortgage rates in the United States have seen a modest decrease, offering a glimmer of hope to the housing market. According to Freddie Mac, the average rate for a 30-year fixed mortgage dipped to 6.63%, down from 6.69% the previous week. This slight reduction marks a return to a downward trend in borrowing costs, although […] READ MORE Banking Sector Woes Propel Treasury Rally, Rate Cut ForecastsTreasury yields saw a significant drop on Thursday, driven by a continued downturn in U.S. financial stocks, which fueled trader speculation of an accelerated timeline for Federal Reserve interest rate cuts. The five-year U.S. Treasury yield decreased by up to 9 basis points, reaching its lowest point since June at 3.75%. This movement reflects a […] READ MORE « Previous 1 … 64 65 66 67 68 … 78 Next »
