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Peter Schiff, longtime gold bug and CEO of Euro Pacific Capital, a hedge fund with $228M in assets under management, is caught up in a Twitter spat with his son Spencer, an 18-year-old college freshman. Unlike more common father-son disagreements over football games or whether one's...
It is now less than two weeks time until the long-dreaded Hard Brexit scenario becomes a reality with all of its threatened international economic...
This past week several reports emerged concerning the ongoing troubled relations between the United States and China. Secretary of Commerce Wilbur Ross slammed the Middle Kingdom for its failure to meet up to the norms expected of...
This past week, the news emerged of a looming unemployment benefits cliff that is threatening to cut off millions of unemployed Americans who have been badly impacted by the effects of the coronavirus and business...
The economic fallout from coronavirus continued to worsen this past week as governors ignored court orders and imposed lockdowns. Resulting statistics from these and other protective measures have taken their collective toll on the U.S. economy in...
This past week saw a spate of horrific terrorist attacks unleashed on both France and Vienna, Austria at a time when many individuals had seemingly forgotten the still significant power of Islamic extremists and ISIS...
This past week saw the conclusion of the hardest fought and most controversial election in modern U.S. history as President elect Joe Biden narrowly defeated U.S. incumbent President Donald Trump after a bitter, divisive, and hard fought...
This past week saw the United States struggling with new high numbers of coronavirus cases. Thursday was a high water mark of 88,521 new cases per day elevating the revolving seven day average to a...
This past week the news emerged that Disney was forced to let go of 28,000 employees throughout its division of parks, experiences, and consumer products. The extended closures at their theme parks in California coupled with reduced...
This past week saw a September sell off intensify across global and domestic stock exchanges in markets around the world. On Monday it worsened as banking shares plunged in the light of a leaked report...
This past week, the "Bond King" of Wall Street CEO Jeffrey Gundlach of DoubleLine Capital joined a growing cast of respected voices warning that a stock market pullback is long overdue. Gundlach stated...
This past week several prominent analysts and a Federal Reserve regional president warned of threats to the lofty stock market valuations and recent highs that investors have seen. In particular, Market Strategist Ron William of the...
Despite the new highs the stock market has made in the past week, an economic reality check from the Federal Reserve at their virtual Jackson Hole annual central banker meeting revealed that the...
This past week saw unemployment claims for the week of Aug. 15th rising to above one million once again. Economists surveyed by the Dow Jones company had anticipated only 923,000 total claims. At the same time diverging...
This past week Federal Reserve President (for Minneapolis) Neel Kashkari released a New York Times op-ed that he and Professor Michael Osterholm from the University of Minnesota co-wrote. In this article and...
This week saw U.S. Fed Chairman Jerome Powell at a briefing warning Congress about the country's most severe economic downturn "in our lifetime." The Federal Reserve held interest rates at zero percent as the raft of economic...
It was only last week that the European Union passed its long-awaited, block-wide relief package. The final amount of money that they agreed on for stimulating their stricken economies turned out to be somewhat underwhelming. Early...
This past week it became more clear that the effects of the global pandemic are going to be with us for a long, long time to come. Two highly regarded and respected voices spoke out on the continuing financial and economic crisis in America and...
In just the last two weeks, the International Monetary Fund has warned the financial world that stocks may suffer from another devastating meltdown if the unfolding global resurgence of coronavirus infections causes lockdown measures to be reintroduced...
This past week the news emerged that the total U.S. federal government debt is now up to over $26 trillion. Keep in mind that this figure stood at only around $20 trillion in the final quarters...
