One of last year’s best-performing hedge funds says the “trade of the century” is to buy gold and sell stocks as risk assets are due for another meltdown.
Federal Reserve
Spot Gold Watch in 2019
Spot Gold Watch in 2019 – Golden Opportunity – Gold bulls seized the initiative in the final months of 2018 and there’s plenty to suggest the haven may hold up.
Fed Does the Right Thing, Ignores Donald Trump
Gold Silver Reports (GSR) – The Federal Reserve on Wednesday raised its benchmark interest rate a quarter-point but lowered its projections for future hikes.
If Fed’s ‘50 B’s’ Are Wrong Now, Then When Is Right?
In between tweets about Michael Flynn’s court appearance and Twitter making it hard for him to accumulate followers, President Donald Trump on Tuesday made an eye-catching remark about monetary policy: “Stop with the 50 B’s,” he told the Federal Reserve.
Fed is Expected to Raise Interest Rates Wednesday
The Fed is expected to raise interest rates Wednesday by a quarter point, and the pressure is on for Fed Chairman Jerome Powell to sound dovish — but not too dovish. Fed officials are also expected to revisit their fed funds rate forecasts and roll back some of the rate hikes expected in the next several years.