Headlines get ahead of themselves

Headlines get ahead of themselves In this headline driven market, sentiment can easily overreact to any news story that talks about perceived optimism, or pessimism. In regards to whether or not the United States government will be able to pass fiscal stimulus legislation prior to the presidential election on November 3rd, and traders are hanging […]

Hurdles remain for a fiscal stimulus bill to pass

Hurdles remain for a fiscal stimulus bill to pass Featuring views and opinions written by market professionals, not staff journalists. Commentaries & ViewsShare this article: Although the House, Senate and White House are working feverishly to come to an agreement and pass fiscal stimulus bill before the election, it seems that the differences are split […]

Sterling neutral as traders hope for Brexit trade deal

Sterling neutral as traders hope for Brexit trade deal LONDON, Oct 20 (Reuters) – Sterling traders kept the currency afloat on Tuesday as they searched for clues on how likely it was for Britain to reach a trade deal with the European Union by the end of the year. Price actions suggest investors lean towards […]

Fed insider on Jerome Powell’s next moves gold price expectations Danielle DiMartino Booth

Fed insider on Jerome Powell’s next moves, gold price expectations – Danielle DiMartino Booth With the Federal Reserve having expended almost all monetary tools now, the only major course of action left, short of directly buying ETFs, is more quantitative easing, said Danielle DiMartino Booth, CEO of Quill Intelligence. “If you’re at the zero bound, […]

Expect seismic change’ and major markets sell-off after election Mark Skousen

Expect ‘seismic change’ and major markets sell-off after election – Mark Skousen Former Vice-President Joe Biden is currently leading in the polls, two weeks before the election, and should the Democrats win, major changes will happen to legislation that could seriously hurt investors, according to Mark Skousen, editor in chief of Forecasts & Strategies. “I […]

Gold trades sharply lower

Gold trades sharply lower As the probability of the House and Senate agreeing upon a fiscal stimulus bill continues to diminish, traders and market participants were active sellers in both gold and silver today. Coupled with dollar strength spot gold lost approximately $30, while gold futures basis the most active December 2020 Comex contract lost […]