Gold soars past $2,100 to new record — and analysts don’t expect it to stop there
Gold prices are expected to remain above $2,000 levels next year amid geopolitical uncertainty, a likely weaker U.S. dollar and
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Jerome Powell
Fed Chair Powell calls talk of cutting rates ‘premature’ and says more hikes could happen
Federal Reserve Chairman Jerome Powell on Friday pushed back on market expectations for aggressive interest rate cuts ahead. Source link
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60% of Americans are living paycheck to paycheck heading into the holidays, report finds
Just one month before the holiday season kicks into high gear, 60% of adults say they are living paycheck to
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The market thinks the Fed is going to start cutting rates aggressively. Investors could be in for a letdown
Markets may be at least a tad optimistic, particularly considering the cautious approach central bank officials have taken. Source link
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World economy to perform better than expected in 2024, says Goldman Sachs
The investment bank said its economists believe the bulk of the drag from monetary and fiscal tightening policies is over.
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Fed’s Mary Daly says it’s ‘too early to declare victory’ on inflation
Tighter policy is helping bring down inflation but not to where policymakers should feel too comfortable, the San Francisco Fed
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Fed’s Goolsbee says ‘golden path’ of a huge drop in inflation without a recession is still possible
Chicago Fed President Austan Goolsbee said a soft landing is still on the table as the Fed seeks to combat inflation
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Here’s how the stock market can build on its best week of the year
We have not been in a halcyon moment in ages. And, no one ever wants to call anything halcyon. Source
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Bad news for the economy is good news for the stock market … as long as it doesn’t get too bad
Bad news is good news, as long as it isn't too bad. Source link
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