Nov 24, 2023
As markets reopen following the Thanksgiving holiday, investors are feeling thankful that interest rates are no longer rising.
Stocks, bonds, and precious metals have all gained ground in recent days as long-term rates have come down. Meanwhile, expectations for the Federal Reserve to cut its benchmark short-term...
Nov 17, 2023
Under the new leadership of House Speaker Mike Johnson, Congress passed a stopgap funding bill on Tuesday to once again avert a government shutdown. It was quickly approved by the Senate on Wednesday, then signed into law by President Joe Biden. Like the last one, this latest bipartisan budget scheme includes...
Nov 10, 2023
As central bankers stubbornly refuse to admit they are done hiking interest rates, precious metals markets are wavering. The Federal Reserve left its benchmark rate unchanged at a 22-year high at the conclusion of its meeting last week. But Fed chairman Jerome Powell is keeping up the fight against inflation, at...