Commodities

Greenlight’s Einhorn sees gold going ‘higher, perhaps much higher’

By Carolina MandlNEW YORK (Reuters) - Greenlight Capital hedge fund manager David Einhorn said on Thursday that the Federal Reserve is pretending it can tame inflation and that the price of gold is...

A Shocked Wall Street Reacts To Today’s “Scary” CPI Print

It was a CPI report for the ages: with most already expecting a hotter than expected print (thanks to JPM), that's precisely what they got and then some.First, a quick recap: Headline CPI...

Dow falls 700 points, Nasdaq drops nearly 3% after inflation reading hits 40-year high

Stocks dropped on Friday morning after a highly anticipated inflation report showed a faster-than-expected rise in prices.The Dow Jones Industrial Average shed 755 points, or 2.3%. The S&P 500 fell 2.5%, while Nasdaq...

Could crude oil soon crash 23% again like in March? : Commodities

Between March 8 and 16 crude oil dropped 23% in just one week from $123.7 to $95. First, anybody can explain why this drop happened so drastically and so quickly (just 1 week)...

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