Markets:Gold down $6 to $1687WTI crude oil down 82-cents to $91.84S&P 500 futures down 18 points or 0.5%USD leads, AUD lagsChina returned from a week long holiday but Japanese markets were closed for...
by Arkadiusz Sieron of Sunshine Profits
Even a Steep Decline in PMI Didn’t Move Gold Higher
According to recent PMI reports, the third quarter of 2022 could also see negative GDP growth. Will gold finally rally then?
The latest...
Although 20% of builders are cutting prices, I highly doubt 5 percent is going to entice many buyers given the surge in mortgage rates.The 30-year mortgage rate is 5.33% today, down from over...
Investor Sentiment Still At Historically High Levels of Fear
All the major equity indexes closed higher Monday with positive internals on the and as trading volumes declined from the prior session....
In normal times, stocks and bonds are negatively correlated—that is when stock prices tank, bond prices rise (and yields, which move inversely to prices, go down). The idea is that investors selling off...
