Is the Plunge Protection Team Hard at Work?
If you’re not familiar with the President’s Working Group on Financial Markets, you should be Also known as the Plunge Protection Team, the group works behind the scenes to shore up financial...
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If you’re not familiar with the President’s Working Group on Financial Markets, you should be Also known as the Plunge Protection Team, the group works behind the scenes to shore up financial...
Last week was an absolute bloodbath for markets, as stock markets shed trillions of dollars worth of paper wealth The Dow Jones lost over 3,500 points over the course of the week, prompting the...
There seems to be a great deal of complacency among many in the United States about the effect that the coronavirus will have on the US economy Thus far it’s been treated as an issue that only...
It’s no secret that the retirement outlook for most Americans is dire While figures for the average amount of retirement savings get bandied about here and there in the media, the median amount of...
It’s funny sometimes how the mainstream financial media tries to push narratives that are completely at odds with reality With business activity already slowing in the US, China, and elsewhere, and...
It seems like just a couple weeks ago that analysts were predicting gold to end the year at $1,650 But gold was already pushing that level late last week, as fears about the coronavirus and slowing...
After reaching the $1,600 mark last week, gold began to really break out While many market analysts had expected gold to see major resistance at $1,600, and perhaps some profit-taking, gold took on...
It can be tempting to look at your 401(k), IRA, TSP, or other retirement account and think that you’ve got it made Maybe you have $100,000 in your account, or $250,000, or maybe you’re one of...
Every week seems to bring more and more bad news about the Chinese coronavirus While new cases and new deaths seem not to be accelerating, much of the country remains completely shut down With about...
In yet more confirmation that monetary policy normalization will never occur, Federal Reserve Chairman Jay Powell stated in his recent testimony before Congress that “low rates are not really a...
With so many headwinds affecting the world economy, 2020 is looking like it could be a very dangerous year for many investors Stock markets may have gained 30% last year, but that was only due to the...
In a world that is growing increasingly digital, the importance of keeping online accounts secure is more important than ever But while much of the focus on online security focuses on accounts with...
Holdings of gold in exchange-traded funds (ETFs) hit record highs this week as investors sought to move their assets to safety Total ETF holdings rose to over 2,570 tonnes, eclipsing the previous...