Independent thinking for complex markets and current events
(Kitco News) – Despite the recent selling pressure, analysts note that the gold market is holding up remarkably well, given that bond yields have risen to a fresh 15-year high. Overnight, the yield on U.S. 10-year bonds pushed to 4.36%, its highest level since late 2007. Analysts note that the rise in bond yields is …
by Dismal-Jellyfish https://www.fitchratings.com/research/banks/further-cut-to-us-bank-oper-environment-score-would-require-structural-change-17-08-2023 Fitch Ratings-New York-17 August 2023: Fitch Ratings lowered the operating environment (OE) score for U.S. banks in June to ‘aa-‘ from ‘aa’ mainly due to structural uncertainty around the path and rate of monetary tightening and gaps in in the regulatory framework. The lowering of the OE score did not negatively affect the ratings …
A mysterious company that bought more than 50,000 acres of land around an Air Force base in California for $800million is now suing farmers for conspiring to sell it at inflated prices. Public records show ‘Flannery Associates’ has invested more than $800million on around 55,000 acres of land surrounding the Travis Air Force base since …
by Chris Black Countries going into an election such as the Netherlands and Spain are going to have to deal with a contentious issue that their mainstream parties would rather ignore. The same EU polling (https://europa.eu/eurobarometer/surveys/detail/2932) finds that only 31% of Europeans think the EU is going in the right direction. People do not want …
BREAKING: Secretary of State Anthony Blinken gives China the green light to invade Taiwan during his visit to Beijing, China. “We do not support Taiwan independence.” What a pivot from Biden’s previous comments from just months ago. What happened? “Yes, if in fact, there was an unprecedented attack,” Biden said after being asked if he …
George Santos’ lawyers argue identities of 3 people who secured his $500K bail should remain sealed His defense argues the three people who helped provide Santos’ bond “are likely to suffer great distress, may lose their jobs, and God forbid, may suffer physical injury.” “Rep. Santos is charged with defrauding members of the public while …
by confoundedinterest17 The US economy was sitting high on the global mountain top before Covid. Then Covid struck, The Federal Reserve and Congress went wild with stimulus spending and inflation went wild. This is Biden Country, a feeble shell of this once great nation. As The Fed tries to counter the years of excess monetary stimulus pre …
We’re updating the system tomorrow so that those who follow @realDailyWire will see this in their feed, but it won’t be recommended to non-followers (nor will any advertising be associated with it) — Elon Musk (@elonmusk) June 2, 2023 What’s the justification for not treating it like any other film or tweet that manages to …
