Tag: federal budget

Trump Then and Now on Deficits: What a Difference 3 Years Make!

Trump Then and Now on Deficits:  What a Difference 3 Years Make!

As investors look ahead to a likely rate cut next week by the Federal Reserve, gold and silver markets have been consolidating their recent gains. A big move in metals markets could come after the Fed’s policy meeting next Wednesday. Of course, the magnitude and direction of the move will depend on what Chairman Jerome Powell and company do and say. Central bankers are under immense political pressure to lower interest rates and resume purchases of government bonds. A recent downturn in manufacturing and home sales data may well give them cover to roll out new stimulus even as the stock market sits near a record high. It remains to […]

Continue Reading