Bank Stocks Soar As Fed Stimulus Continues (Deutsche Bank Posts Tremendous Fixed-income Revenue Growth)

by confoundedinterest17 KBW Bank Index (a modified cap-weighted index consisting of 24 exchange-listed National Market System stocks, representing national money center banks and leading regional institutions) rose to a record high .. with near-zero Fed Funds Target Rates. And seemingly endless asset purchases by The Federal Reserve. Deutsche Bank’s fixed-income trading revenue growth is second behind Morgan … Read more

Are Technicals Pointing to New Gold Rally?

by: Stefan Gleason Although we tend to focus more on the fundamentals here at Money Metals, the technical indicators can offer important insights. Such as right now. Many traders, investors, and momentum players will closely examine the market trend to determine if and when to enter or exit the market. A market with a strong … Read more

America’s Ruling Elite Problem

By Chris Black There’s an old saying that goes something along the lines of: “if you can’t beat them, join them”.  One interpretation might be not that if you think that you’re losing to your opponent, that you go and join your opponent, but rather you start using the same tactics that your opponent is … Read more

New And Existing Home Sales: Fact vs Spin

by Dave Kranzler of Investment Research Dynamics Existing home sales, reported last Thursday, were down 3.7% from February (down 6.3% in February). Wall St was thinking they would rise 0.8%. The seasonally adjusted annualized sales rate dropped to 7-month lows. The reason for struggling existing home sales is three-fold. First and most obvious is rising mortgage rates. If … Read more

Is Anything Real in the Biden Administration?

by Martin Armstrong https://www.armstrongeconomics.com/wp-content/uploads/2021/04/Fake-Planes.mp4 I have said before, we have no idea who is running the country but I believe the ties go directly to Geneva. We also have no idea of what is real or what is fake anymore and the press is out to overthrow everything we thought was guaranteed. The press and … Read more