And just like that, Elon Musk has turned on Bitcoin.In a tweet on Wednesday, the self-proclaimed “Technoking of Tesla (NASDAQ:TSLA)” said his company—which announced in February that...
Violent protests have erupted in the streets of Bogota, Cali and other cities in Colombia. The immediate cause? Proposed reforms to the South American country’s tax system, which would have...
If you’ve ever wondered what trillions of dollars in monetary and fiscal stimulus looks like, it appears you got your answer. Everything is up right now.Stocks are up. Earnings are up. Consumer...
How do you even begin to visualize $277 trillion? If we convert it into seconds, 277 trillion is the equivalent of 8.8 million years. I’m not sure what was happening that long ago, but I...
President Donald Trump addressed the blowout jobs numbers in a press conference Friday, comparing the U.S. economy to a “rocket ship.” Economists had been expecting the unemployment rate...
Gold will outperform the S&P 500 index in 2020. That’s one of several projections made by CLSA in its just-released “Global Surprises 2020” report.
The Hong Kong...
Near the start of every year, I share our ever-popular Periodic Table of Commodity Returns, now updated to reflect the final results of 2019. To view the interactive table and download a...
The U.S. manufacturing sector contracted for the fifth straight month in December, with the monthly reading from the Institute for Supply Management (ISM) hitting its weakest point in more than 10...
Gold closed down as much as 1.21 percent Friday on a blowout jobs report that seemed to alleviate investor fears of an impending economic slowdown. The U.S. added as many as 266,000 jobs in November,...
It’s the top of a new month, meaning we get to see the latest manufacturing purchasing manager’s index (PMI) readings. And if you follow both the Institute for Supply...