Paul Tudor Jones Sounds Alarm on U.S. Debt CrisisBillionaire investor Paul Tudor Jones has raised alarms over the burgeoning U.S. federal debt, which he refers to as a “debt bomb” that may soon reach a critical juncture. In a candid discussion with CNBC, Jones discussed the severity of the current U.S. economic situation, which is significantly buoyed by the government’s extensive borrowing and […] READ MORE ZeroHedge: There's An Odd Chill In The Air – Dallas Fed Respondents Warn Of "Pending Doom"The Dallas Fed’s Manufacturing Survey has continued its negative trend for the 22nd consecutive month as of February, although there was a slight improvement from January’s lows. The headline indicator remained in the negative territory at -11.3, reflecting ongoing challenges in the manufacturing sector. READ MORE Gold Prices Dip in Anticipation of Pivotal U.S. Inflation ReportGold prices saw a slight decline as investors and traders turned their attention to the upcoming U.S. inflation data, expected to be released this week. This data is significant as it could potentially affect the Federal Reserve’s decisions on interest rate cuts. Spot gold fell by 0.5% to $2,025.91 an ounce, while U.S. gold futures […] READ MORE The Declining Yen: A Look into Its Battle Against the DollarThe Japanese yen has significantly weakened against major currencies, marking it as the decade’s worst performer. Particularly against the US dollar, the yen has fallen 37.8% since 2020, even reaching a 30-year peak above 151.50. Despite the dollar’s strong performance, a large majority of traders (74%) are betting on the yen to bounce back, anticipating […] READ MORE US Debt and the Rising Specter of Bond Vigilantes: A Financial Stability Threat?The resurgence of bond vigilantism in the market for sovereign debt, as seen in the UK’s recent financial turmoil, raises concerns about potential impacts on the US economy. With the US’s significant role in providing safe assets during global crises and the dollar’s status as the leading reserve currency, the idea of similar challenges in […] READ MORE Citadel Strikes Gold in Commodities: Over $4 Billion Earned in 2023In 2023, Citadel, a leading multi-strategy hedge fund, saw its profits soar thanks to its commodities trading business, which raked in over $4 billion. The Bloomberg report highlights Citadel’s strategic prowess in leveraging market trends and volatility to secure substantial gains, illustrating the hedge fund’s strong performance in a sector known for its challenges and […] READ MORE World Gold Council Launches 'You are Gold' Campaign in IndiaThe World Gold Council has kicked off the ‘You are Gold’ campaign in India, targeting a fresh and youthful audience. This innovative multimedia initiative is designed to deepen the connection between millennials, Gen Z, and gold, casting the precious metal not just as a financial asset but as a symbol of personal empowerment and expression. […] READ MORE Retirement Dreams Fade for Young Americans Amid Economic ChallengesThe dream of retirement seems increasingly elusive for many younger Americans. A recent survey by the TIAA Institute revealing that about 21% of those aged 22 to 34 view retirement as either unattainable or not part of their life plan. This sentiment is understandable given the mounting challenges they face: the scarcity of decent entry-level […] READ MORE Economists Put Recession Odds at 40%Economists have recently updated their U.S. recession predictions, now estimating only a 40% chance, thanks to anticipated robust job market performance and solid consumer spending. This optimism is reflected in the revised economic growth forecast, which has been adjusted to a 2.1% annualized rate for this year, a significant increase from last month’s 1.5% projection. […] READ MORE « Previous 1 … 30 31 32 33 34 … 64 Next »
