Silver as an investment

Category Archives: Philadelphia Fed

Key Events In The Coming Week

It is a relatively light week in the US, with mainly trade balance, JOLTS and consumer credit data out. The key economic release this week is University of Michigan consumer sentiment on Friday. In addition, there are a few scheduled speaking engagements from Fed officials this week, including a speech by Federal Reserve Vice Chair […]

Gold’s Gains 15% In Inauguration Years Since 1974

Gold’s Gains 15% In Inauguration Years Since 1974 – Gold’s average gains in inauguration years of 15% since 1974– First year of new President frequently a time of increased uncertainties and risks– Gold rose 30% in the 12 months after Obama inauguration– Massive political uncertainty – President’s conflict with the CIA– ‘Strong dollar policy’ to end as […]

Global Stocks Dip; Bond Yields, Dollar Rise After Yellen’s Rate Guidance; All Eyes On Draghi

After yesterday’s speech by Janet Yellen which signaled a path of steady interest rate increases and was perceived as hawkish, the dollar rebounded, Asian shares slipped and government bond yields jumped to multi-week highs on Thursday. European, Asian stocks and US equity futures all decline together with commodity metals while oil rises on the API […]

Futures Rise On Friday 13th Ahead Of Deluge Of Bank Earnings; Dollar Continues To Decline

European shares rose as Fiat rebounded on hopes concerns about parallel to Volkswagen are overblown, Asian stocks were little as Chinese shares fell to the lowest level of 2017 after poor export data, and U.S. equity-index futures rose ahead of a deluge of bank earnings. The dollar is headed for a weekly loss and gold […]

Key Events In The Coming Week: All Eyes On Trump

The main economic release this week is US retail sales, ECB minutes and a series of Chinese economic releases. There are several scheduled speaking engagements from Fed officials this week, including a webcast address by Chair Yellen on Thursday. However, the highlight of the upcoming first full week of 2017 might well be President-elect Trump’s […]

Manufacturing in Philly Fed Region Contracts Sixth Month

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. mishtalk.com / Mike “Mish” Shedlock / February 18, 2016 As expected, manufacturing in the the Philadelphia Fed region continues a long string of contractions. Economists were pretty much on target, something that frequently happens when the current month is a repeat of […]