U.S. equities rally, Dow rises 371.65
U.S. equities opened slightly lower but rallied throughout the day as the tug-of-war between solid fundamentals and valuation pressures from rising interest rates continues.
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U.S. equities opened slightly lower but rallied throughout the day as the tug-of-war between solid fundamentals and valuation pressures from rising interest rates continues.
Markets are pricing in the upcoming Fed taper. Read more to learn why now is a good time to buy PHYS to turn this taper tantrum into taper treasure.
Spot gold (XAU/USD) prices are going sideways in the $1790 area amid a quiet start to a busy week of central bank policy decisions and important econo
January has been a month marked by the market's adjustment to a shift in the Fed policy outlook.  This began right at the outset and resulted in higher rates and lower stock prices.   Why? Last week's commentary goes into great detail on the matter.  Revisit it HERE. This week merely served to confirm what we already knew , namely that the Fed would not be making any policy changes this week, but that it would do nothing to push back on the expectation for policy changes at the next meeting.   ...
Gold bars traded in London's wholesale market fell further to touch $1780 on Friday, a 3-week low, as global stock markets resumed their drop and bond yields rose after the Fed's inflation-fighting comments