Disinflationary/deflationary pressures intensifying globally Fed favorite core PCE inflation persistently under two percent despite three QE’s Bonds do not see inflation as far as eye can see, signal slowdown in activity; stocks continue merry way Monday morning, investors will learn … Continued
As FOMC meets, markets will be looking for clues on rate-hike timing Consensus, which had been betting on mid-year hike, vacillating of late Lower-than-expected inflation, strong dollar excuses for Fed not to move The Federal Open Market Committee begins its … Continued
Gold, still near key technical level, generates some interest from longs Dollar has spent lots of energy last 12 weeks, looks tired Potential for reflex rally on GLD rises Phew! Sighs of relief expressed by gold bugs. The metal managed … Continued
There is probably no other price as important as the price of money – that is, interest rates. They are what grease the wheels of an economy. Simplistically, when rates are high, people are incentivized to save more. When they … Continued