(Mike Maharrey, Money Metals News Service) Federal Reserve Chairman Jerome Powell gave the clearest indication yet that more inflation is in the pipeline during his Jackson Hole Speech on Friday.
Powell indicated rate cuts are on the horizon, saying, “The time has come for policy to adjust, adding that “the...
(Jon Forrest Little, Money Metals News Service) The global economic landscape has undergone a seismic shift over the past few decades, with the outsourcing of jobs from the United States to India playing a pivotal role. This transformation has had far-reaching consequences for both nations, reshaping their economies and...
(Headline USA) The Justice Department filed an antitrust lawsuit Friday against real estate software company RealPage Inc., accusing it of an illegal scheme that allows landlords to coordinate to hike rental prices.
The lawsuit, filed alongside attorneys general in states including North Carolina and California, alleges the company is violating...
(Dmytro “Henry” Aleksandrov, Headline USA) A new labor market survey shows Americans have rarely felt more in need of new job opportunities, indicating that over 28% are currently looking for a new job.
The New York Federal Reserve's latest consumer poll found that 28.4% of respondents were looking for a job—the highest...
(Money Metals News Service) In a recent episode of the Money Metals podcast, host Mike Maharrey sat down with economist Daniel Lacalle to discuss pressing economic issues, including inflation, government policy, and the future of the U.S. dollar. Lacalle, a professor of global economy at IE Business School in...
(Headline USA)The average rate on a 30-year mortgage eased this week to its lowest level in 15 months, welcome relief for home shoppers navigating a housing market that remains out of reach for many Americans.
The rate fell to 6.46% from 6.49% last week, mortgage buyer Freddie Mac said Thursday....
(Mike Gleason, Money Metals News Service) As central bankers from around the world gather in Jackson Hole to foist their agendas into the media spotlight, investors are counting down the days until the Federal Reserve starts cutting rates.
Minutes from the Fed’s last meeting showed several officials were sympathetic toward...
(Mike Maharrey, Money Metals News Service) Many investors put gold and Bitcoin in the same category. Some people even call Bitcoin "digital gold."
Is this a fair comparison?
There are certainly similarities between the two assets, but there are some significant differences as well.
Gold and Bitcoin have both provided solid returns...
(Mike Maharrey, Money Metals News Service) For a brief moment after the July jobs data came out worse than expected, everybody suddenly worried that the U.S. economy was heading toward a recession. That lasted about two days. Now, the soft landing narrative is back in play, according to mainstream...
(Mike Maharrey, Money Metals News Service) According to Federal Reserve Chairman Jerome Powell, “The Federal Reserve's monetary policy independence is an important and broadly supported institutional arrangement that has served the American public well.”
According to Professor Thomas J. Weber at Pace University Lubin School of Business, this is nothing...
(Mike Maharrey, Money Metals News Service) The Bureau of Labor Statistics just zapped 818,000 jobs out of existence. That's one heck of an eraser.
Month after month, we've been regaled with headlines extolling the strength of the U.S. job market. Virtually every month, the mainstream has enthusiastically reported "better than...
(Money Metals News Service) In the latest episode of the Money Metals Midweek Memo podcast, host Mike Maharrey dove into the ongoing impacts of inflation, Federal Reserve policies, and the latest developments in the gold and silver markets.
Maharrey opened the discussion with an analogy comparing the Federal Reserve’s denial of responsibility...