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Economy
The latest Real Gross Domestic Product (GDP) release from the Bureau of Economic Analysis (BEA) shows a net decrease from Q4 2024. This net decrease “primarily reflected an increase in imports, which are a subtraction in the calculation of GDP, and a decrease in government spending…partly offset by increases in investment, consumer spending, and exports.”…
Kalau ngomongin soal Minimalist Diary, jujur aja saya dulu agak skeptis. Saya pikir minimalis itu cuma soal gaya hidup yang nyiksa, kayak harus ngurang-ngurangin lifestyle barang sampai cuma punya beberapa baju, dan hidup jadi monoton. Tapi lama-lama, setelah ngalamin fase berantakan yang cukup bikin kepala wikipedia mumet, saya mulai mencoba konsep minimalis ini. Dan, percaya…
Big news this morning in the gold market, as China has just opened access to overseas investors to their gold market. As the trade war lingers on, we continue to see activity around the gold market. And in this morning’s show Vince Lanci breaks down what’s happening. To find out more, click to watch the…
You don’t have to imagine it anymore. We’re seeing it happen in front of our eyes. As gold is replacing US treasuries as the international store of value. And to help point out the signs, Vince Lanci has you covered in today’s Morning Markets and Metals. Source link
On May 12, President Trump signed an Executive Order aimed at lowering US prescription drug prices. In keeping with his tariff policy, the president was motivated by the price differences — often vast — between identical prescription drugs sold in the US and in the rest of the world. The EO ordered the US Trade…
The House of Representatives narrowly passed the One Big Beautiful Bill Act (HR 119) in dramatic fashion (215-214) last month. Most of the drama was on the Republican side. The House Freedom Caucus favored preserving the 2017 tax cuts but only if there were sufficient budget cuts to pay for it. A central sticking point…
The latest Real Gross Domestic Product (GDP) release from the Bureau of Economic Analysis (BEA) shows a net decrease from Q4 2024. This net decrease “primarily reflected an increase in imports, which are a subtraction in the calculation of GDP, and a decrease in government spending…partly offset by increases in investment, consumer spending, and exports.”…
On January 1, 1993, the European Single Market came into being. The previous October, British Prime Minister John Major had looked forward to “a single European market of 330 million people…A market for British computers. British cars. British televisions. British textiles. British services. British skills. The biggest free trade area in the world.” By eliminating…
Gold and silver investors have warned about issues in the treasury markets for years, if not decades. But now we’re actually seeing some of them happen, which even has Wall Street getting a bit concerned, as JP Morgan’s Bob Michele is talking about how the US Treasury may cancel or ‘dial down’ the 30-year auction….
