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In a move that hasn’t been made since the financial crisis, the Federal Reserve this morning announced that it was cutting its target federal funds rate by 50 basis points, to 1 to 125% The move...
Last week was an absolute bloodbath for markets, as stock markets shed trillions of dollars worth of paper wealth The Dow Jones lost over 3,500 points over the course of the week, prompting the...
It seems like just a couple weeks ago that analysts were predicting gold to end the year at $1,650 But gold was already pushing that level late last week, as fears about the coronavirus and slowing...
After reaching the $1,600 mark last week, gold began to really break out While many market analysts had expected gold to see major resistance at $1,600, and perhaps some profit-taking, gold took on...
Gold and Stocks – The Best of Enemies It’s a well-known axiom in the financial marketplace: Stocks and gold travel in opposite directions When one is up, the other’s down and vice versa The...
On Tuesday the news was flooded with stories about how Microsoft is about to purchase the business networking platform LinkedIn for just over a cool $262 billion That’s great news for the lucky...
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