Japan finance panel warns on higher rates pushing up borrowing costs - Reuters.com

Sep 30, 2022

A Japan Yen note is seen in this illustration photo taken June 1, 2017. REUTERS/Thomas White/Illustration Register now for FREE unlimited access to Reuters.com TOKYO, April 8 (Reuters) - An advisory panel to Japanese Finance Minister Shunichi Suzuki warned on Friday of a risk of a spike in interest payments on public debt and urged efforts to ensure sound fiscal policy to guard against the possibility of higher bond yields. The warning came against a backdrop of rising global bond y ...read more

(VIDEO) How the Federal Reserve Adjusting Interest Rates Affects Our Economy

Sep 30, 2022

Augusta cannot guarantee, and makes no representation, that any metals purchased by a customer will appreciate at all or appreciate sufficiently to make a profit, and there is no certainty that any metals can be sold for a profit. The future value of the coins you purchase cannot be predicted. You could lose money. Don't purchase Augusta products with money you can't afford to lose. Prices may rise and fall over time or rapidly. Past performance of any coin does not guarantee future results. Pr ...read more

CANADA STOCKS-Resource shares cushion TSX as peace talks hopes ebb - Reuters.com

Sep 30, 2022

(Adds investor quotes and details throughout, updates prices) * TSX ends down 11.26 points, or 0.05%, at 22,075.96 * Technology sector falls 2.3% * Energy gains 0.6% as oil rallies * Materials adds 1.5% TORONTO, March 30 (Reuters) - Canada’s main stock index edged lower on Wednesday, but holding near a record high as gains for the energy and materials sectors offset a decline in technology stocks after doubts emerged around progress in Russia-Ukraine peace talks. The Toronto Stock Exchange’ ...read more

The Impetus Behind Forming the Federal Reserve System

Sep 30, 2022

In part one of this series, we began exploring the Federal Reserve, what it does, and how it can impact your financial well-being. In this part, we’ll delve a little deeper into why the Fed was formed, how it operates, and how its operations have impacted the economy. The Aftermath of the Panic of 1907 The Panic of 1907 gave rise to more calls for a central bank in the United States. Proponents of a central bank pointed to the experience European countries had, claiming that Europe weath ...read more

Learn How Gold Can Help You In Retirement

Sep 30, 2022

When times get tough, investors look for safe havens to help protect their assets. And with everything going on in the world today, it’s no wonder that investors are flocking to safe haven assets in a way that they haven’t in years. No one wants to be left holding the bag when inflation skyrockets or stock markets plummet, so more and more investors are taking steps to protect their hard-earned retirement savings. One of the traditional safe havens that has seen renewed popularity is go ...read more

Recession Almost Certain as Conflict With Russia Heats Up

Sep 30, 2022

A month after Russian troops invaded Ukraine, the conflict shows no signs of dying down. And while many people’s focus is on the military action and the suffering of Ukrainian civilians, there’s a major component to the crisis that could affect every single American and could almost certainly lead the economy into recession. When the first sanctions were levied against Russia, you probably remember hearing about how Russia is nothing more than a big gas station. And many people proudly ...read more

Treasury Bond Massacre, Mortgage Rates Hit 5.35%, Highest since 2009, and it’s Only April

Sep 30, 2022

But future bond buyers get the higher yields. By Wolf Richter for WOLF STREET. The interesting thing is that no one at the Fed is trying to talk down those spikes in Treasury yields and mortgage rates. It shows that those yields are going where the Fed wants them to go, and that the Treasury market is coming around to the Fed’s rate-hike plan, and that those yields have a long ways to go, given that CPI inflation is 8.5%, a gigantic mess that has unfolded over the past 15 months, final ...read more

Covid-19 Accelerates the Trend of People Moving Out Of the Largest Cities

Sep 30, 2022

New Geography has an interesting set of chart on how the pandemic affected population changes in the largest cities. 47 Comments Data Census Department, chart New Geography, Red and Green Spotlights by Mish CBSA stands for Core Based Statistical Areas (metropolitan areas and micropolitan areas), non-rural.  Areas outside CBSA’s are not rural, they are simply not in metropolitan or micropolitan areas. According to the O ...read more

4 Reasons the Next Recession Could Be Worse Than 2008

Sep 30, 2022

As unbelievable as it sounds, there are people who believe that the US economy is doing well. For some reason, they think that high and rising inflation is a sign of a heated up and strong economy. But the reality is that the US economy is far weaker and more fragile than it looks. And the risk of recession is growing every day. Many market observers seem not only to discount the likelihood of a recession, but also its severity. The reality is that the next recession could be far worse tha ...read more

Strong Q1 Gold Demand Bodes Well for Gold in 2022 and Beyond

Sep 30, 2022

If you didn’t already know it from rising gold prices, gold demand this year has been very strong. Gold sales have been through the roof, as people from all walks of life have clamored for the safety and security that gold offers. There are numerous reasons people choose to own gold, but four in particular stand out. Safe Haven Inflation Hedge Store of Value Portfolio Diversification 1. Gold Is a Safe Haven We’re seeing an incredible amount of safe haven buying of gold right now, and ...read more