The Federal Reserve recently increased interest rates to 1.75 percent. This is the highest interest rates have been since 2008, but it still leaves rates at historic lows. While the Fed says economic growth justifies future rate increases, an honest examination of the economy suggests that future rate increases are unlikely.The Fed's claim that the economy is strong is based on misleading governme...Read More

- UK high street and wider consumer market feeling effects of financial crisis, Brexit and inflation- 350,000 retails jobs expected to disappear between 2016 and 2020- Centre for Retail Research predicts 9,500 shops to close this year and 10,200 in 2019- UK is 'worst performing' European market for new car registrations - Moody's- UK's growth outlook is the 'worst in the G20' - Institute of Fisc...Read More

BEIJING (Reuters) - The Chinese industry body which recommended targeting scrap aluminium in retaliatory trade action against the United States is already exploring what other measures could be taken, an official said on Monday.U.S. scrap aluminium was one of 128 products that China said it was considering for additional tariffs last month, and the Chinese finance ministry late on Sunday confirmed...Read More

Big gains in the billet market over the weekend gave support to tender prices on the seaborne iron ore market on Monday April 2, though premiums for the most-liquid Pilbara Blend fines continued to weaken.Metal Bulletin 62% Fe Iron Ore Index: $65.80 per tonne cfr Qingdao, up by $0.81 per tonne Metal Bulletin 58% Fe Premium Index: $52.49 per tonne cfr Qingdao, up by $0.49 per tonne Metal Bulletin 6...Read More

Current Position of the MarketSPX: Long-term trend - The bull market is continuing with a top expected in the low 3000s.Intermediate trend - The intermediate correction from 2873 should now continue until May.Analysis of the short-term trend is done on a daily basis with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which discusses the course of l...Read More

By John MauldinVelocity and DebtMissing ReflationGenerational DifferenceIncome DisparityDeficit HeadacheTech TroubleMonetary MadnessCharlotte, Fort Lauderdale, Chicago, and RaleighHere in Texas you know spring is here when our state flower, the bluebonnet, pops up everywhere. I was at the Masters in Augusta last year, and the azaleas were beautiful. But they are cultivated and take a lot of work...Read More

Dr. Jerome Corsi joined us again to talk about his new book Killing the Deep State - The Fight to Save President Trump. The level and depth of the corruption and the plan to depose the President is breathtaking in its audacity and its naivet?(C). Never before in American History has a secret cabal so openly attempted to subvert the will of the electorate. Now they're on the defensive and we all h...Read More

FIT has already shed 33% over the past six monthsShares of Fitbit Inc (NYSE:FIT) are lower after the fitness device maker received a downgrade to "underweight" from "equal-weight," and a price-target cut by $1 to $4 from Morgan Stanley. The brokerage firm predicted Fitbit "will continue to struggle to stabilize the wearables business," and the new price target represents a discount of 21.6% to the...Read More

WASHINGTON/IXTEPEC, Mexico (Reuters) - President Donald Trump said on Sunday that there will be no deal to legalize the status of young adult immigrants called Dreamers and he said the U.S.-Mexico border is becoming more dangerous.After tweeting a “Happy Easter” message on Twitter, he said: “Border Patrol Agents are not allowed to properly do their job at the Border because of ri...Read More

By Jordan Roy-Byrne CMT, MFTA Last week we noted that Gold's quarterly close would be a key marker for Gold's immediate breakout potential. Gold was seemingly on course for its highest quarterly close since 2012 until it reversed back below quarterly resistance at $1330/oz. Hence, an imminent break to the upside is unlikely and gold watchers will have to remain patient. It's not yet Gold's time...Read More

The inescapable conclusion is that Iran will not negotiate away its nuclear program. Nor will sanctions block its building a broad and deep weapons infrastructure. The inconvenient Continue...Read More

Prices US$ at March 29, 2018. Source: LME, CME, UxC, ICE, TSIStock market, currency data @ March 29, 2018.Expectations of a boom in demand for battery raw materials as automakers move away from internal combustion engines kept cobalt and nickel prices on the boil during the first quarter.Cobalt is up another 24% in 2018 as it builds on a more than fourfold increase in value from record lows early...Read More

Humana stock has struggled to break out since JanuaryHumana Inc (NYSE:HUM) stock is up 6.1%to trade at $285.25, thanks to a Wall Street Journal report last week saying retail giant Walmart (WMT) was in talks to potentially buy the health insurer. A number of analysts believe the move could be in response to Amazon's (AMZN) push into healthcare. Meanwhile, Jefferies thinks such a deal would make s...Read More

China's ferrous futures decreased during morning trading on Monday April 2, losing the gains made during last Friday night's trading session.Futures closing prices - morning session Shanghai Futures Exchange October rebar: 3,366 ($536) per tonne, down 61 yuan per tonne May hot-rolled coil: 3,707 yuan per tonne, down 37 yuan per tonne Dalian Commodity Exchange May iron ore: 445 yuan per tonne, down...Read More

"Initial analysis demonstrates the find is at substantial levels, capable of supporting the long-term extraction of tight oil and deep gas." Continue...Read More

By Keith WeinerThis topic is so timely and so important, that we publish this special report in lieu of our normal weekly Supply and Demand Report.After our recent article debunking manipulation, we got a phone call from a man whom we will call Jim Bailey (all names have been changed to protect the innocent and the guilty). Jim worked on the London gold desk at a major financial institution. He...Read More

RBC upgraded DRI stock, which typically outperforms in the second quarterTwo weeks ago shares of Olive Garden parent Darden Restaurants, Inc. (NYSE:DRI) suffered a major post-earnings bear gap, and as a result closed the first quarter down 11.2%. Brokerage firm RBC, however, is viewing this pullback as a buying opportunity, upgrading DRI stock this morning to "outperform" from "sector perform" and...Read More

TOKYO, April 2 (Reuters) - Mitsubishi Materials Corp, Japan's third-biggest copper smelter, said on Monday it plans to produce 187,374 tonnes of refined copper during April-September, up 7 percent from the same period last year.The company expects output at its Naoshima smelter and refinery in western Japan to rise 11 percent, while production at its Onahama plant, north of Tokyo, will increase by...Read More

SHANGHAI, Apr 2 (SMM) – Nonferrous metals futures rose across the board though China's Caixin manufacturing purchasing managers' index (PMI) failed to meet expectations. SHFE tin jumped over 2% and aluminium rebounded close to 2%. Nickel gained 1.6%, lead rose close to 1% while zinc inched up.The ferrous complex remained strong with coke up more than 3%. Rebar gained over 2%, ir...Read More

Big gains in the billet market over the weekend gave support to tender prices on the seaborne iron ore market on Monday April 2, though premiums for the most-liquid Pilbara Blend fines continued to weaken.Metal Bulletin 62% Fe Iron Ore Index: $65.80 per tonne cfr Qingdao, up by $0.81 per tonne Metal Bulletin 58% Fe Premium Index: $52.49 per tonne cfr Qingdao, up by $0.49 per tonne Metal Bulletin 6...Read More