JPMorgan Sounds Alarm on Potential 20% S&P 500 Plunge
The U.S. stock market has been on a euphoric climb, with record highs almost shattered routinely. But amid the jubilation, a somber warning bell is ringing from one of Wall Street's most respected voices: JPMorgan. According to the bank's chief market strategist,...
What Falling Rates Mean for the Economy
Exploring the Impact of ISM Data on Treasury Yields In the fast-paced world of economics, even the subtlest shifts can have significant ripple effects. On a recent Tuesday, as eyes were fixed on the latest economic indicators, U.S. Treasury yields took a surprising...
Unveiling the Fed’s Tightrope Act: Balancing Growth and Inflation
Introduction: At the recent Federal Reserve meeting, policymakers deliberated on the delicate balance between stimulating economic growth and curbing inflation. The released minutes shed light on their cautious approach towards interest rate cuts and their assessment...
How Rate Cut Expectations Flip the Script on Precious Metals
Gold enthusiasts have been on quite the rollercoaster ride this week as the precious metal faced its second consecutive weekly decline. The culprit? Sizzling inflation data have dampened expectations surrounding rate cuts by the Federal Reserve. Despite a modest...
Fed’s Secret Crisis Plan Revealed – Is Your Money Safe?
Last Thursday, Bloomberg revealed a startling plan brewing in federal regulatory circles: a proposal to compel US banks to embrace the Federal Reserve's discount window, ostensibly to brace for potential bank crises ahead. As Katanga Johnson highlighted, this move...
Jamie Dimon’s Wake-Up Call to the Edge of Economic Crisis
In a recent panel discussion at the Bipartisan Policy Center, JPMorgan Chase's chairman and CEO, Jamie Dimon, delivered a stark warning: the United States is hurtling towards an economic cliff as its national debt continues to spiral out of control. Dimon, a seasoned...
10-Year Treasury Yield Retreats as GDP Unveils a Surprising Twist
In the ever-fluctuating dance of the financial world, the 10-year Treasury yield recently took a step back, leaving market enthusiasts both intrigued and cautious. The cause? A surprising revelation in the GDP data was that slowing inflation met the embrace of robust...
Mounting Debts and Soaring Interest: Navigating the $34 Trillion Question
In a historic twist, the U.S. national debt has soared past the $34 trillion mark, raising a pivotal question: How much debt is too much? The nation finds itself at a crossroads as large deficits persist, fueled by a $1.7 trillion deficit in fiscal year 2023. As the...
Unraveling the Golden Surge: A Thrilling Journey to $2,300 in 2024
A Year of Surprising Twists In the tumultuous landscape of 2023, gold prices took investors on a rollercoaster ride. Plunging to $1,810 per ounce during the U.S. banking crisis, its ascent was swift, fueled by geopolitical tensions sparked by a Hamas attack on Israel....
Surging S&P 500 and Record Highs: Post-Christmas Stock Market Frenzy
The markets jingled with festive cheer as post-Christmas trading propelled the S&P 500 closer to an unparalleled high. The bustling exchange on Tuesday witnessed many gains, painting a vivid picture of a buoyant economy. The S&P 500, basking in its longest...