jerome-powell-says-the-federal-deficit-is-“unsustainable”-even-as-fed-policy-stokes-record-surge-in-household-borrowing

Fed Chair Jerome Powell sounds the alarm on U.S. federal debt. The federal deficit is forecast to swell to $1.1 trillion. U.S. household debt reached a new record high in the third quarter. Jerome Powell has presided over three interest rate cuts as Federal Reserve Chairman, but now believes debt is a problem. Of course,…

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dow-struggles-while-analyst-sounds-alarm-on-dangerous-market-fomo

The Dow turned lower on Wednesday after the tariff rollback hype began to fizzle out. Inflation came in close to expectations, making it unlikely that the Fed will stray from its neutral stance. One analyst warns that the stock market rally is being fueled by a dangerous catalyst: FOMO. The Dow Jones broke out its…

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gold-price-desperately-clings-to-$1,450-ahead-of-fed’s-powell-testimony

Gold futures fell on Monday to their lowest levels since early August. The loss comes despite a mixed session for stocks and a declining U.S. dollar. Federal Reserve Chairman Jerome Powell will testify before Congress on Wednesday and Thursday. The price of gold declined on Monday, as technical traders piled increased their short positions following…

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the-“scary-recession-warning”-cnbc-says-is-gone-will-be-back-very-soon

A CNBC article claims that the bond market’s “scary recession warning” has gone away. Although the yield curve is no longer inverted, it’s behaving exactly as it would before a major recession. New York Fed’s repo operations continued on Thursday with a massive $115.14 billion injection. U.S. government debt yields extended their steep recovery this…

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recession-blind-san-francisco-fed-chief-says-no-downturn-in-sight;-analysts-agree

San Francisco Federal Reserve chief says that a recession is not on the horizon. Trader Peter Brandt shares her sentiment as he believes the S&P 500 has more muscle. Other analysts also see the index climbing but only after a short-term pullback. The unending trade war threats, the contracting manufacturing industry and the cutting of…

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nearly-1/3-of-americans-believe-this-myth-about-the-us-dollar

Nearly one-third of Americans falsely believe that the US dollar is backed by gold, and 70% don’t know what is backing it. That’s just the tip of the iceberg when it comes to US financial illiteracy, however. A new study reveals just how little Americans know about how their money works. An eye-opening new study…

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gold-price-smashes-five-week-highs-amid-dow-bloodbath

The price of gold surged to more than five-week highs on Wednesday. U.S. stocks plunged over trade-deal uncertainty. Risk sentiment wavers following ‘hawkish rate cut’ from the Federal Reserve on Tuesday. The price of gold catapulted to five-week highs on Thursday after Chinese officials poured cold water on trade-deal euphoria, sending the Dow and broader…

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dow-rallies-while-wall-street-pressures-powell-to-promise-more-stimulus

The Dow Jones rallied by triple digits, and the S&P 500 prepared to close at a new all-time high. Positive earnings, progress in Trump’s trade war, and hopes of more stimulus from the Federal Reserve are driving Wall Street’s appetite for stocks. As Microsoft leads the Dow higher, stock market bulls are looking ahead to…

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the-fed-is-desperately-fighting-off-recession-but-there’s-nothing-it-can-do-to-stop-it

To say that the Federal Reserve has been busy over the last few weeks would be a huge understatement. The central bank may be projecting an image of control. According to them, the financial markets are simply experiencing technical issues and seasonal bottlenecks such as quarterly tax payments. The Federal Reserve starts not QE and…

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the-us.-government-just-admitted-that-it-is-short-by-$720-billion-per-year

The richest and most powerful nation in the world just acknowledged that they are in dire need of cash. Of course, the U.S. government wouldn’t simply say it is running on huge budget deficits. However, if you look at their actions instead of what they’re saying, you’d be able to read between the lines. The…

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