Market News

Fed Keeps Rates Steady, but Issued Stark Warning on Economy The Federal Reserve kept its key interest rate steady at 4.25-4.50% when it met Wednesday. Nonetheless, Fed officials issued an unusually frank warning about what could lie ahead. “Uncertainty about the economic outlook has increased further,” Fed officials said. “The committee… judges that the risk…

Governments and investors worldwide appear to be losing confidence in the U.S. dollar and U.S. Treasury bonds. The start of a new global trade war has rattled the world as the rules around the global economic order have starkly changed in a matter of weeks. America’s move toward highly protectionist policies has triggered a stock…

James B. Longacre, Chief Engraver of the U.S. Mint, is best remembered today for his creation of the iconic Indian Head cent. The 1862 Indian Head cent was struck during a pivotal phase of the Civil War, which saw a shift in momentum and strategic gains for the Union Army. Major battles included the Battle…

Gold’s record-breaking rally is continuing at breakneck speed as the tariff war with China escalates. The precious metal has surged roughly $700+ an ounce this year, driven higher by the tariff war, concerns over the potential for global recession, and expectations that the Federal Reserve will cut rates. As many investors seek safety amid a…

Everyone is a gold bug now, according to a new Wall Street Journal article, which featured Blanchard. It’s no surprise that gold is making headlines. The precious metal has soared an extraordinary 20%+ since the start of the year, while the U.S. stock market has tanked. What’s notable about the latest wave of gold buying…