⛏ Gold price shows early signs of reclaiming safe-haven appeal

Gold price shows early signs of reclaiming safe-haven appeal
Gold’s 9% rebound in August to around $4,400 an ounce suggests bullion is starting to regain favour with institutional investors and central banks, leaving the market better placed to extend gains as it moves beyond the initial shock of the U.S.-Israeli war with Iran. Read on »

Stagflation, the Scourge of the 1970s, Is Back
Some readers may recall the misery of rampant stagflation in the 1970s. The fusion of inflation and stagnant economic growth destroyed millions of jobs while eroding virtually everyone’s purchasing power, ensuring there was no escape from economic pain for most Americans. Now, stagflation is returning after decades of dormancy. How pervasive will it become? Read on »

The U.S. national debt is about to reach $40 trillion milestone - and it's likely to hit $50 trillion soon
Investors are shying away from bonds for a reason, says Bank of America. In the coming days the U.S. national debt is set to breach $40 trillion for the first time. Soberingly, Bank of America's chief equity strategist, Michael Hartnett. predicts that the next milestone, $50 trillion, will be reached in July 2029. These worrying landmarks reinforce a market perception that fixed-income investments are losing bets, a sentiment Hartnett summarizes as "Anything But Bonds." Read on »