February 21, 2024Fed Minutes: Patience Prevails as Officials Await Clearer Inflation TrendIn their latest meeting, Federal Reserve officials struck a cautious tone on the prospect of lowering interest rates, emphasizing a balanced approach towards inflation control. Despite acknowledging a significant reduction in inflation from its peak in mid-2022, the highest in over four decades, officials underscored the necessity of more evidence before considering policy easing. The […] READ MORE February 21, 2024The Day the Hunt Brothers Capped the Price of GoldWe’re sharing some little-known facts about the two brothers who attempted to corner the silver market from our very own Mike Maloney. READ MORE February 20, 2024Inflation No Match for Casino Wins: U.S. Gaming Industry Sees Historic Highs in 2023U.S. commercial casinos hit a jackpot in 2023, raking in $66.5 billion from gamblers, the industry’s most lucrative year to date. This figure represents a significant 10% increase over the previous record set in 2022, an impressive feat considering the economic challenges of the time, including persistent inflation affecting everyday costs like groceries and energy. […] READ MORE February 20, 2024Cash's Comeback: Investors and Corporates Bet Big Despite Rate Cut DelaysDespite predictions of its demise earlier this year, cash remains a powerhouse in the financial landscape. As the Federal Reserve postpones interest rate cuts, a robust influx of investment is evident in money-market funds, with investors adding a staggering $128 billion since the year’s start. Corporate treasurers are also on a cash accumulation spree, holding […] READ MORE February 20, 2024Leading Economic Index No Longer Predicts U.S. Recession -Conference BoardFor the first time since the summer of 2022, the Conference Board’s Leading Economic Index (LEI) no longer forecasts an impending U.S. recession, despite a continuous decline over the past 23 months. In January, the LEI fell 0.4% to 102.7, marking its lowest point since the brief recession in April 2020 triggered by COVID-19 and […] READ MORE February 20, 2024How Productivity Gains Could Shape the Fed's Inflation BattleThe Federal Reserve’s journey towards achieving a ‘soft landing’ for the economy may be bolstered by a remarkable surge in productivity witnessed in the post-Covid era. Wall Street economists are optimistic that the trend of high productivity growth, which has seen an average increase of 3.9% over the last three quarters — a rate more […] READ MORE February 20, 2024Household Debt Climbs but Economy Shows Signs of Robust GrowthIn January 2024, U.S. retail and food service sales saw a modest increase to $700.3 billion, marking a 0.6% rise from the previous year, according to Census Bureau data. This uptick in consumer spending has contributed to a significant rise in household debt, reaching $17.5 trillion in the fourth quarter of 2023, as reported by […] READ MORE February 20, 2024Deciphering the U.S. Economy's Post-Pandemic StrengthOver the last four years, the U.S. economy has experienced a rollercoaster of events, starting with a devastating pandemic that led to a financial market crash and economic downturn. This was followed by a period of spiraling inflation and rapidly increasing interest rates that put significant pressure on households and industries alike. Surprisingly, the economy […] READ MORE February 20, 2024Argentina Eyes Economic Stability Through Dollarization: A Comparative AnalysisArgentina’s President Javier Milei has reignited discussions about adopting the U.S. dollar to reignite the Argentina economy, mirroring the monetary strategy of Panama, Ecuador, and El Salvador. This significant shift aims to stabilize Argentina’s economy by potentially curbing inflation and fostering economic stability, leveraging the precedent set by these countries. Through this proposed change, Argentina […] READ MORE « Previous 1 … 21 22 23 24 25 … 49 Next »
