As further evidence of GDP growth, the Commerce Department reported that durable goods orders surged 5.3% in November, which was well above economists’ consensus estimate of a 4% increase. Excluding a ...
This analysis is by Bloomberg Intelligence Senior Commodity Strategist Mike McGlone. It appeared first on the Bloomberg Terminal. The highest month-end gold price ever vs. the Bloomberg Commodity Spot ...
ARK Invest CEO Cathie Wood is calling for an economic “Goldilocks” scenario in 2026, forecasting real GDP growth surging toward 5%, accompanied by falling inflation—and potentially outright deflation— ...
Gold is a traditional hedge against inflation for investors but in China surging bullion prices are having the opposite effect, providing a temporary respite from deflationary pressures. Core ...
Central bank buying and questions about Fed independence have driven gold higher. Price of gold may move higher from here but it may not be a straight line. Gold can provide hedging and ...
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Subdued inflation sees brokerages adopt cautious tone as food remains in deflation
HSBC noted that food price deflation continued for the fourth straight month on an annual basis.
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