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Jobs up, but economy is slowing
BizPac Review· 3 days agoThe Bureau of Labor Statistics (BLS) just announced that the US economy added a whopping 272,000 jobs in May. That is much more than economists expected. Despite that number, the unemployment ...
Gold & Silver Get Slammed on Positive Economic Reports
GoldSeek.com· 3 days agoSilver has been quietly outperforming gold since February. The junior monetary metal still has a long way to go in order to reach a new all-time high above $49 an ounce. Recently though, the ...
Inflation’s Strain Remains Gold’s Bane
GoldSeek.com· 4 days agoYear-to-date we’ve diligently documented that ’tis nowhere near the Federal Reserve’s sought 2% target. Now a week hence, Friday’s StateSide jobs report for May had “inflation” written all over ...
How Wall Street's hopes for multiple Fed rate cuts this year came undone
Morningstar· 4 days agoIt was perhaps one of the biggest and most important trading theses for investors at the start of 2024, contributing to a mostly upbeat view that helped propel large-cap and tech-heavy U.S. ...