Companies in the U.S. have taken on a record $6.3 trillion in debt. What’s even more concerning is corporations are “leveraged out,” which means any big shock to the economy is sure to have disastrous consequences.
In a recent speech, Chairman Jerome Powell made a rather odd statement about inflation. Here’s why his statement is troubling for anyone affected by inflation.
Investors are treating the dollar as the preferred safe-haven, but this could change once markets sober up to the economic reality. See how gold is gearing up to regain its safe haven status in this week’s New to Know.
German Foreign Minister Heiko Maas called for the creation of an independent payment system that doesn’t rely on the U.S. dollar. If they follow through, it could be the end of the dollar’s domination.
Alt-Market.com’s Brandon Smith is sharing his thoughts on the coming trade war. See why he believes the trade wars could be a cover for something insidious involving your money.
Gold’s recent performance may simply be a “summer rut” as analysts agree that good things are in store for the metal in the fourth quarter and beyond. See what they’re predicting in this week’s News to Know.
Turkey’s President just unloaded huge tariffs on a number of U.S. imported goods. This, paired with Turkeys’ crumbling currency and unstable relations is only generating higher market uncertainty.
2018 is looking to be a year of U.S. debt records. Things may be “business as usual”, but the record amount of interest being paid by the U.S. to service its debt is creating a “black hole” they may never escape form.
Numerous analysts are suggesting Turkey’s currency crisis could be the source of positive price action in the gold market. Find out how this is plausible in this week’s News to Know.
Wells Fargo’s unethical practices and admitted errors are starting to sound like a rap sheet. And just last week, they added another “glitch” that caused 400 Wells Fargo customers to have a foreclosure.
