American Wealth Gap Reaches All-Time High – Pew Research Center
While the U.S. economic recovery has picked up steam since the 2008 crisis, the wealth gap between upper-income and middle-income families has increased nearly seven-fold, and according to a Pew Research Center report, this trend is expected to contin…
Read moreAmericans Feeling Good About Economy, Labor Market: Survey
Ahead of the holiday season, Pew Research Center conducted a survey to see how Americans felt about employment and general economic news coming out of the country.
Read moreGold Firmer; U.S. Jobs Data Not a Miss and Has Little Impact
Gold prices are modestly higher in early U.S. trading Friday. A U.S. employment report that was close to market expectations had just a slight bullish impact on gold prices. A lower U.S. dollar index Friday morning is also a slightly bullish outside m…
Read moreIt’s Not So Good for the Digestion
The precious metals digested the news gleaned from the FOMC’s minutes and, for most of the morning and into early afternoon, the metals took heart.
Gold Ends Slightly Lower as Better Risk Appetite, Strong U.S. Dollar Limit Buying Interest
Gold prices ended the U.S. day session down slightly Thursday. Gold buyers were scarce as more risk appetite returned to the market place late this week. The competing asset class, equities, posted solid rebounds from strong selling pressure seen ear…
Read moreDeutsch Bank: Gold Still Not Cheap
Gold prices are starting 2015 on solid footing, holding above the key psychological area of $1,200, but Deutsche Bank analysts remain bearish on the yellow metal and expect to see more strong declines.
Read moreMacquarie: Gold Has Potential To Move Higher In 2015
Volatility will be high in what should be an interesting year for gold prices as the market reacts to a variety of forces, according to Macquarie Research analysts.
Read moreBNP Paribas: Annual U.S. Headline Inflation Will Be Negative In 2015
BNP Paribas say that they now expect headline CPI inflation to be negative on an annual average basis in 2015. In a report released Thursday, analysts say they updated their inflation expectations for the year because of weaker crude oil and gasoline prices. However, weaker energy prices might not filter down to core prices, which strip out volatile energy and food prices. “We still expect the energy price shock to have only transitory effects and limited pass through into core, though we will be re-evaluating that assumption over time,” they say. “Our forecast assumes household and business inflation expectations remain reasonably well-anchored.” Although the French bank expects weaker headline inflation, it is important to note that the Federal Reserve only looks at core inflation when determining monetary policy.
Argonaut Gold’s Projected 2015 Cash Costs Exceed Expectations: CIBC
After Argonaut Gold Inc. (TSX:AR) released strong 2014 production results, Canadian bank CIBC likes what they see with the company’s cash cost guidance for 2015.
Surprise In Friday’s Jobs Report Needed To Move Gold – Analysts
There is little doubt among economists that the U.S. economy will remain strong and that the Federal Reserve will eventually raise interest rates, which is why some analysts are not expecting Friday’s December nonfarm payrolls report to have much impact on the market.
