Erik Townsend and Patrick Ceresna welcome Peter Boockvar to MacroVoices. They discuss if US will get to negative interest rates, the inevitability of inflation and its effects on central banks, outlook on US/China trade negotiations and morePeter Boockvar is the Chief Investment Officer of Bleakley Financial Group and Editor of The Boock Report newsletter https://boockreport.com/.Read More
"Its founding was part of an unchecked expansion of executive powers that led to the widespread erosion of Americans' civil rights."Continue...Read More
Harley Schlanger's work can be found at LaRouchePAC.com.Read More
Harry Dent is a Fortune 100 consultant, new venture investor, noted speaker, bestselling author, and the founder and senior editor at Dent Research, where he dedicates himself to identifying and studying demographic, technological, and geopolitical trends. He has a free daily newsletter at www.harrydent.com called "Survive and Prosper." Mr. Dent accurately predicted Japan's collapse in 1989, the d...Read More
Brazilian slab export prices have recovered in the past week, following the upward trend in the scrap and coil global markets, while mills focus on negotiations with North American customers for first- and second-quarter deliveries.Fastmarkets' assessment of steel slab export, fob main port Brazil, rose to $355-380 per tonne on Friday November 22, from $345-355 per tonne a week earlier.The latest...Read More
Mike "Mish" Shedlock is a registered investment advisor and representative for Sitka Pacific Capital Management. His articles about the the economy and investing online can be found at Mish Talk. Read More
"I would bet that there would not be a recession in the coming year. But I would have to say that the odds of a recession are higher than normal and at a level that frankly I am not comfortable withContinue...Read More
As Islamic terrorist organizations like al Qaeda and the Islamic State expand across Africa, hundreds of gold mines are Continue...Read More
We have contacted all GoldCore Secure Storage clients with assets in Hong Kong and strongly encouraged them to move their assets to Singapore.Continue...Read More
Prices in Southeast Asia's steel billet market rose in the week to Friday November 22 as Chinese buyers continued to snap up material in the spot market, sources told Fastmarkets.Over the past week, a Chinese trader reportedly booked 50,000 tonnes of Qatari billet at $418-425 per tonne cfr China, while Iranian billet was offered at $405-410 per tonne cfr China. Billet prices in Jiangsu province, a...Read More
Eastern China's rebar prices dropped slightly on Friday November 22 - the first downward movement in 10 days - amid concerns over high production rates, though futures picked up. Eastern China (Shanghai): 4,070-4,100 yuan ($579-583) per tonne, down 10-20 yuan per tonneNorthern China (Beijing): 3,780-3,820 yuan per tonne, up 20-30 yuan per tonneTraders in eastern China cut prices slightly to genera...Read More
Technical analyst Clive Maund examines the data and answers the question. The precious metals sector has been on the defensive since gold's COTs reached extreme readings in August, and silver broke down from its parabolic uptrend in September. Many think that the sector correction has now run its course, but has it? That is the question that this update is intended to answer. On gold's latest six...Read More
Claims of the two companies are adjoining and, thus, allow for potential synergies. Granite Creek Copper Ltd. (GCX:TSX.V) announced in a news release it entered an agreement to acquire about 30% of the outstanding shares of Canada's Copper North Mining. For 26,146,233 Copper North common shares, Granite Creek will pay 10,529,663 of its own common shares."We believe this acquisition will be accret...Read More
Stainless steel prices in the European domestic market have been stable over the past week, with market participants waiting for mills to announce their December surcharges, sources told Fastmarkets on Friday November 22.Finnish stainless steel producer Outokumpu announced this week that its alloy surcharge for grade-304 flat products will be ?,?1,608 ($1,780) per tonne for December, down by&...Read More
Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday November 22. China The domestic Chinese ferro-silicon price remained unchanged after producers refused to lower offer prices despite slow trades. Export price was also steady on firm offer prices from major suppliers, but persistent weak demand has resulted in some lower offers among tra...Read More
Diplomats at the World Trade Organisation's goods council have attacked the European Union over its plans to integrate titanium dioxide and cobalt into its health and safety laws, claiming this could impose unnecessary restrictions on exporting certain stainless steels to the EU.The European Parliament is considering regulating these steel inputs under its classification, labeling and packaging of...Read More
Buying in equities picked up after the halfway point todayAfter a slow first half of the day, stocks came alive in afternoon trading, with the Dow notching a triple-digit win. But while the S&P 500 and Nasdaq also both ended in the black, the major indexes all closed the week in the red, snapping their respective weekly winning streaks. The retail sector remained in focus due to Nordstrom's blowou...Read More
BABA has added 34% year-to-dateChinese multinational conglomerate Alibaba Group Holding Ltd (NYSE:BABA) is down 0.2% at $184.49 this morning, with traders seemingly brushing off the stock's latest bull rating from Macquarie. The brokerage firm earlier initiated coverage with an "outperform" rating and $231 price target, saying they are "holistically positive as Alibaba continues to build...users...Read More
Bear notes and bad earnings have weighed heavy on WORKSlack Technologies Inc (NYSE:WORK) is up 1.6% at $21.34 this afternoon, a rare shift higher for the software stock. In fact, following a disappointing quarterly report, bear notes, and uninspiring user stats, the security has shed more than 45% since its public trading debut in late June. Pressuring the shares has been the newly formed 40-day t...Read More
SPLK and HIBB stocks both soared after posting well-received third-quarter resultsWhile the Dow is eyeing a weekly loss amid murky U.S.-China trade sentiment, two stocks are bucking the broad-market trend following impressive earnings reports are software concern Splunk Inc (NASDAQ:SPLK) and retailer Hibbett Sports, Inc (NASDAQ:HIBB). Below we'll look into how SPLK and HIBB are faring today. SPLK...Read More