FOMC Decision: Don’t Dread the Fed
There’s a major event looming, but it’s not what everybody thinks. This time around, what’s important is not the size of the interest rate hike that the Federal Reserve is about to impose, but what Chairman Jerome Powell says afterwards. In the February 1 FOMC...
Gold Gains Ground, Silver Slingshots Higher!
NOW IT BEGINS: Gold Gains Ground, Silver Slingshots Higher! If 2022 was a test of patience, 2023 will be a test of new highs for precious metals. As longstanding resistance levels in gold and silver are shattered, media pundits will have to redraw the lines on their...
Jeremy Grantham Suggests 50% S&P 500 Decline Is Possible
Jeremy Grantham, co-founder and chief investment strategist at Grantham, Mayo, Van Otterloo & Co., is well-respected among the investing community. When he issues a warning, people listen – and just recently, Grantham signaled a stock-market decline that will be...
EXTRAORDINARY MEASURES: Global Elite Meet at Davos
“EXTRAORDINARY MEASURES”: U.S. Hits Debt Limit Ceiling While Global Elite Meet at Davos This year’s World Economic Forum meeting in Davos, Switzerland, was supposed to be an opportunity for leaders of developed nations to address issues like inflation, supply-chain...