Gold Holds $1300, Euro Price Hits 8-Month High as Italy Bond Spread Jumps, Turkey-US Tensions Worsen

By Adrian Ash By Adrian Ash – Gold prices held above $1300 per ounce in London trade Friday, erasing half of last week’s 2% drop even as the Dollar rose again on the FX market amid fresh tensions between Nato members Turkey and the US plus… …read more From:: Financial Sense

Gold Holds $1300, Euro Price Hits 8-Month High as Italy Bond Spread Jumps, Turkey-US Tensions Worsen Read More »

Separating an Innocuous Correction From the Start of a Sinister Bear Market

By Urban Carmel By Urban Carmel – It’s true that equities fall before the start of most recessions. So why bother following the economy; why not just follow the price of equities? “Market corrections” occur every 20 months, but less than a third of these actually becomes… …read more From:: Financial Sense

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Financial Sense Leading Economic Indicator Confirms Decelerating Growth Outlook

By FS Staff By FS Staff – Our Financial Sense leading economic indicator (LEI) peaked in October 2017 and has experienced six months of consecutive declines. It is still in positive territory—meaning the risk of a recession over the next six months is quite low—but weakening… …read more From:: Financial Sense

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