By James Rickards This post A Recession Is Coming… And the Fed Can’t Stop It appeared first on Daily Reckoning. Is the Fed ready for the next recession? The answer is no. Extensive research shows that it takes between 300 and 500 basis points of interest rate cuts by the Fed to pull the U.S. […]
A Recession Is Coming… And the Fed Can’t Stop It Read More »
By Frik Els Even best-case, early roll-out of new cobalt-light batteries won’t solve supply issues Cobalt, a crucial element in batteries for cellphones and electric vehicles, has been drifting lower since hitting near 10-year peaks on the LME in March, but is still up nearly fourfold from its 2016 trough. Mindful of the fact that
Cobalt thrifting in EV batteries won’t dent price any time soon Read More »
By Brian Maher This post Uh-oh: Unemployment Falls Below 4% appeared first on Daily Reckoning. Bad news frightens us — but good news terrifies us. The May jobs report came out Friday. It revealed the unemployment rate has sunk to a booming 3.8%. For only the second occasion since 1969… the unemployment rate has slipped
Uh-oh: Unemployment Falls Below 4% Read More »
May has left the building and the market has not gone away. Markets are stubbornly hanging on in divergence fashion with the Russell 2000 having made a new high, the Nasdaq 100 very close and the Dow lagging badly. The Dow has never held above the mysterious balance line I’ve discussed many times since March.
Even before I had my coffee this morning this Nasdaq chart woke me up Read More »
Friday’s “risk-on” rally, triggered in part by those strong US employment figures, followed through on Monday as Asian shares and U.S. index futures rose. Although Europe was also higher at the open, some of the major indices such as the German DAX gave up their earlier gains as investors considered the impact of U.S. import
AUD/USD kicks off busy week with a bang Read More »
After imposing tariffs on steel and aluminum imports on its closest allies, the U.S. will be facing enormous criticism at the G7 summit on Friday in Quebec or, as the French Finance Minister Bruno Le Maire likes to call it, “G6 plus one.” …read more From:: Resource Investor
Trade war fears to dominate market moves this week Read More »
By Cory댊 Value Investors Are Getting Squeezed John Rubino, Founder Of DollarCollapse.com joins me to share his comments on how value investors are losing ground in the markets. The continued trend of passive investing dominates the markets but this could all be changing with the general tightening of monetary policy. Download audio file (2018_06_04-John-Rubino.mp3) Click
John Rubino over at Dollar Collapse – Mon 4 Jun, 2018 Read More »
By ATAC Resources ATAC Resources Ltd. (TSX-V:ATC) (“ATAC”) is pleased to announce the commencement of drilling at its 1,700 km2 Rackla Gold Property in east-central Yukon. The previously announced, ~20,000 m diamond drill program will include: ~10,000 m at the high-grade, Carlin-type Osiris Project; and ~10,000 m at the Carlin-type Orion Project funded by Barrick
ATAC Resources and Barrick Gold commence drilling on the Rackla Gold Property, Yukon Read More »
The week ahead is a big one for the Aussie dollar and it starts off quickly with Retail Sales among other economic data points Sunday night at 8:30 p.m. Central. Taking the cake is the Reserve Bank of Australia’s monetary policy meeting at 11:30 p.m. Central Monday night. Though rates are expected to stay unchanged,
Tradable events for the week of June 4 Read More »
Despite a slower start, the S&P 500 followed trading up to resistance at 2744-2745.25 and the highest level since March 19. Here, Friday morning, we discussed the increasing likeliness that Nonfarm Payroll would be beneficial to stocks and that is exactly how a strong report played out; Average Hourly earnings and job growth both topped
Daily markets morning round-up: E-mini S&P, gold, crude & Treasuries Read More »
