Municipals were little changed in quiet trading with few prints to direct benchmark yields in any direction while the pendulum swung to risk-on with equities seeing large gains and U.S. Treasuries slumping back to losses. Triple-A benchmarks were left unchanged, and ratios fell. The five-year was at 48%, 69% in 10 and 78% in 30,
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Breaststrokers Emily Escobedo and Nic Fink won individual titles on the last day of the world short course championships in Abu Dhabi, where the U.S. finished with the most medals and most golds. Escobedo, who missed the Tokyo Olympic team by one spot in the 200m breast, won that event in the short-course, 25-meter pool
Gold is different from consumer goods, or even ordinary commodities. So far as we know… by Keith Weiner of Monetary-Metals In the last Supply and Demand update, we discussed some different theories which attempt to explain what causes the gold and silver prices to move. We mentioned the: “…attempt to hold up a famous buyer of metal,
Roth TSP vs. Roth IRA: This is a choice that federal government employees and U.S. military professionals need to make when they consider choosing a retirement savings plan. The real question is, do you go with the account offered under the government plan or, like any civilian, fund a Roth IRA on your own? Recent
Jim Cramer on CNBC’s Halftime Report. Scott Mlyn | CNBC CNBC’s Jim Cramer said Tuesday he believes there will be a Santa Claus rally this year despite the raging omicron variant that’s spiking Covid cases during the holidays. The seasonal stock market phenomenon has historically started around now and continued into the first days of
Boris Johnson announced on Tuesday that he would not introduce any further coronavirus restrictions in England before Christmas, but warned that further measures could be necessary next week. Following a major cabinet backlash this week, the UK prime minister abandoned proposals for immediate “circuit breaker” restrictions on indoor gatherings while ministers await more data on
The writer is president of Queens’ College, Cambridge, and an adviser to Allianz and Gramercy Having tried to defy internal and external economic logic by repeatedly cutting interest rates, Turkey opted this week for a new set of unorthodox measures to stabilise its currency. Whether the authorities are more successful ultimately this time around boils
What factors will empower the new crop of chief diversity officers to make progress after decades of little industry movement? What are their priorities for the next year? How much of a barrier is inclusion and what does that really look like in practice? For answers to these questions and more, join EY vice chair
In this article K PFE MRNA BA NKE CTXS Pedestrians cross a street in front of a Rite Aid store in Oakland, California. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Rite Aid — Shares of Rite Aid rallied more than 16% after reporting a quarterly
Sharing is Caring! By Graham Summers, MBA Stocks are bouncing from yesterday’s lows, but the technical damage from yesterday’s bloodbath is severe. The S&P 500 was stopped by its 50-day moving average (DMA) at 4,607 (see red line in the chart below). Unless the S&P 500 can break above this line, we’re in for MORE
A Bitcoin wallet containing millions of dollars worth of Bitcoin (BTC) has come out of dormancy. For one reason or another, the wallet has not transacted for years despite having what is considered life-changing money. The wallet had not been used since 2013, barely a few years after the mysterious Bitcoin creator Satoshi Nakamoto disappeared.
Housing demand is surging across the board, in contrast to 2020 when demand shifted from apartments to single family houses. Now, both home prices and apartment rents are rising much faster than overall inflation. Yet America’s population is growing at a snail’s pace. Without more people, how can there be demand for more housing? Ignoring
Interest in cryptocurrencies has been growing in Russia, not least among non-qualified investors. According to recently quoted estimates, Russians have already put more than $67 billion into the crypto market, the capitalization of which has increased significantly this year. Russians Spent Some 5 Trillion Rubles on Crypto Russian residents have swapped 5 trillion of their
You might be surprised how many of our elders lean on the younger generations for money and time because their own retirement savings are so low. In a new report, New School researchers Jessica Forden and Siavash Radpour dug deep into the data to understand how family member bear the costs elder care and support.
Optimism remains for a resurrected, though likely downsized, Build Back Better package — and for municipal market-friendly provisions — despite opposition from key Sen. Joe Manchin. “If this means the bill is dead, then any chances for muni provisions may be dead,” said Charles Samuels of Mintz Levin, counsel to the National Association of Health
Welcome to Kitco News’ 2022 outlook series. The new year will be filled with uncertainty as the Federal Reserve looks to pivot and tighten its monetary policies. At the same time, the inflation threat continues to grow, which means real rates will remain in low to negative territory. Stay tuned to Kitco News to learn
Massive bull hammer candlestick! by Morris Hubbartt Super Force Signals A Leading Market Timing Service We Take Every Trade Ourselves! Email: [email protected] [email protected] Here are today’s videos and charts. The videos are viewable on mobile phones as well as computers. Double-click to enlarge the charts. SGS Key Charts, Signals, & Video Analysis Super Force Signals
Employers generally provide term life insurance coverage for their employees, and the amount of coverage is typically some multiple of the employee’s annual salary. However, sometimes the amount of coverage a company offers is insufficient, particularly if the employee has a large family or significant financial liabilities. In those situations, supplemental life insurance can bridge
US regulators are demanding greater disclosure from New York-listed Chinese companies after new rules from Beijing wiped billions of dollars from Chinese education companies and compelled ride-hailing group Didi to delist from American exchanges. The demands are contained in a disclosure guidance from the Securities and Exchange Commission that was released on Monday evening and
Senate Democrats will meet on Tuesday for tense talks to try to chart a path forward for President Joe Biden’s $1.75tn Build Back Better package, after fellow Democrat Joe Manchin all but torpedoed the president’s economic agenda. Many lawmakers have already returned to their home states for the Christmas period. But Chuck Schumer, the Senate’s
Elad Roisman, one of two Republicans at the SEC, said Monday that he plans to step down by the end of January. His departure will leave Hester Peirce as the only GOP commissioner at the agency as Chair Gary Gensler pursues an ambitious rule-making agenda that is opposed by some business groups. Gensler, who took
Sharing is Caring! by Michael Snyder Enjoy the times that you are able to spend with family and friends now, because things are starting to get really crazy out there. The official beginning of winter is upon us, and just in time there is a frightening new COVID variant that is scaring the living daylights
Looking at the Bitcoin chart from a weekly or daily perspective presents a bearish outlook and it’s clear that (BTC) price has been consistently making lower lows since hitting an all-time high at $69,000. Bitcoin/USD on FTX. Source: TradingView Curiously, the Nov. 10 price peak happened right as the United States announced that inflation has
The former Los Angeles mansion of entertainer and entrepreneur Sean “Diddy” Combs has been recently updated and is on the market for $14.5 million. Combs, known professionally as Puff Daddy, is an American rapper, songwriter, record executive, record producer and entrepreneur. Combs lived in the estate from 2008 to 2013. Located in the Beverly Crest
UST, one of the stablecoins of the Terra project, has become the largest stablecoin by market capitalization today, after having surpassed its Ethereum-based rival, DAI. UST is now the largest decentralized stablecoin in the market, closing a year of growth for the Terra ecosystem, which is now among the most valuable top ten cryptocurrency projects
Who is Facebook international man of mystery Robert Parkle and why is he advising Ohio Public Employees Retirement System stakeholders not to follow through with an expert forensic investigation of their state pension? Why did Kasandra Ward from Aurora, Colorado create a fraudulent OPERS Forensic Investigation GoFundMe page apparently to divert funds from the real project?
Missouri school districts must reject mask mandates, quarantine orders and other measures to fight the COVID-19 pandemic or lose access to the state’s credit enhancement program. State Treasurer Scott Fitzgerald said districts must sign a letter confirming their compliance with an attorney general’s order following a court ruling that threw out many local health orders.
Welcome to Kitco News’ 2022 outlook series. The new year will be filled with uncertainty as the Federal Reserve looks to pivot and tighten its monetary policies. At the same time, the inflation threat continues to grow, which means real rates will remain in low to negative territory. Stay tuned to Kitco News to learn
“… we need to take out the prior high of 1880 with confirmation above 1920 and close above …” by David Brady via Sprott Money Ahead of the FOMC meeting yesterday, I posted this on Twitter: This is exactly what happened. Gold and the rest of the markets had already priced this in. Gold dropped
When you graduate college with federal student loan debt, you’re assigned a student loan servicer to collect your loan payments and provide customer service. Navient was once one of these federal loan servicers, but recently exited that business. If Navient was your servicer, your loans are now most likely serviced by Aidvantage. Navient still offers