Helping You Survive and Prosper in the Greater Depression
Is demand for U.S. government debt waning? The latest Treasury auctions suggest that investors do not possess much of an appetite for American bonds. First, the three-year note saw the yield come in higher than expected. But the real story was … [Continue reading] about Demand for U.S. government debt plunges at latest Treasury auctions for 3-year, 10-year bonds
Will the Federal Reserve cut interest rates as early as March 2024? Investors certainly think so. Fed Chair Jerome Powell and his colleagues have insisted that it is premature to discuss cutting rates, arguing that policy needs to be in … [Continue reading] about Investors betting 56% chance of rate cuts in March 2024
Is the U.S. economy headed for a recession? It looks like the Federal Reserve's tightening efforts are beginning to take effect in the United States Durable goods orders are tanking, factory orders plummeted, retail trade is slowing, and job … [Continue reading] about Atlanta Fed’s GDPNow model for Q4 cut to 1.2%
The U.S. government will run out of money to fund Ukraine without more action by Congress. Writing in a letter to Speaker of the House Mike Johnson, Office of Management and Budget Director Shalanda Young wrote that the United States will run out … [Continue reading] about White House on Ukraine funding: ‘We are out of money — and nearly out of time’
Gold is glittering to kick off December. At the end of the Friday trading session, Gold prices hit a record high of $2,090 per ounce on the COMEX division of the New York Mercantile Exchange. The yellow metal enjoyed a weekly gain of 4.3 … [Continue reading] about Gold hits record high as U.S. dollar, Treasury yields tank amid speculation of Fed rate cuts