Higher Gold Prices This Week?

Higher Gold Prices This Week?

Where will gold prices this week go? The latest Commitment of Traders (COT) report showed a second straight week of declines in speculative longs as they continued to close out positions while shorts continued to get bolder by increasing their own positions. We are...
Trouble at the Federal Reserve?

Trouble at the Federal Reserve?

Fed Chair Janet Yellen and New York Fed President Bill Dudley (joined by consistent hawk, Cleveland Fed President Loretta Mester) have made it clear they believe the recent slowdown in inflation is temporary. They appear ready to forge ahead with more rate hikes, with...

Every Major Bank Passes Stress Tests!

All 34 lenders subjected to the Fed stress tests exceeded the minimum projected capital and leverage ratios under the severely adverse scenario. It’s the third consecutive year there have been no banks failing. The results of the CCAR – in which...