Markets may be celebrating a temporary U.S.-China trade truce, but macro strategist Stephanie Pomboy warns the party won’t last. In an interview with Kitco News, Pomboy, founder of MacroMavens, cast doubt on the sustainability of the current market rally, citing structural imbalances across debt, credit, and consumption. “This is just a 90-day ceasefire,” Pomboy said […]
Edward Siedle, former SEC attorney and record-setting whistleblower, has issued a stark warning that the next financial crisis won’t be triggered by banks or stock markets but by America’s underregulated and opaque public pension system. “Public pensions that have $6 trillion in them are not subject to any comprehensive federal law or any comprehensive state
Federal Reserve Chair Jerome Powell and President Donald Trump outside the White House. Drew Angerer/Getty Images President Donald Trump has hit out at Fed chair Jerome Powell for not cutting interest rates faster. Fresh fears about the central bank’s independence hit stocks, bonds, and the dollar on Monday. Wall Street figures said Powell might be
Ray Dalio. Shannon Finney/NBC via Getty Images In a recent interview on Meet the Press, financier Ray Dalio, warned of “something worse than a recession” if current financial, economic, and trade issues are not “handled well.” Later in the interview, he warned that if current problems worsen, we could experience a “world order in which there is great
Global investors have soured more on U.S. bonds than stocks in the recent market turbulence, and their asset sales are contributing to the surprising decline in the U.S. dollar. A new assessment of where global investors are putting their money confirms that foreign investors have been selling both bonds and stocks since President Donald Trump’s
A Global Rebalancing Is Well Underway as Investors Sell off U.S. Bonds Read More »
A new housing development built along a canal near the Mokelumne River is viewed on May 22, 2023, near Stockton, California. At the end of January, foreign countries owned $1.32 trillion worth of U.S. mortgage-backed securities, or 15% of the total outstanding, according to Ginnie Mae. “If China wanted to hit us hard, they could
Here’s How China Could Crush the U.S. Housing Market Read More »
Gold prices hit $3,200 for the first time on Friday. Trump’s tariffs and China’s retaliatory action have roiled global markets. A BlackRock strategist said gold was a better hedge than Treasury bills amid the market turmoil. Gold hit another record high above $3,200 on Friday — and is a better way to protect against the ongoing
Several surveys from 2008 and 2020 estimate that only 10.8% to 12% of Americans own physical gold. The simple truth is this: Americans are just beginning to wake up. Physical gold has been the most sought-after form of wealth, diversification, and money throughout history—valued across every culture and era. It has served—and continues to serve—as
Physical Gold is The Ultimate Hedge & a Critical Diversifier Read More »
Bond-market chaos is fueling concerns about a crisis. Here’s what you need to know. © MarketWatch photo illustration/iStockphoto Chaos in the U.S. stock market has infected the bond market, fueling speculation about a potentially destabilizing shock to the global financial system. The U.S. 10-year Treasury yield has climbed as much as 65 basis points over the
Bond-Market Chaos is Fueling Concerns About a Crisis. Here’s What You Need to Know Read More »
MSN While Bitcoin is often compared to gold, crucial differences in their value structures and ownership transparency mean the cryptocurrency carries the same kinds of risks seen in mortgage-backed securities during the 2008 financial crisis, and history may now be repeating itself, according to two academic researchers. “Bitcoin is now priced at almost a hundred thousand dollars
