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Gold Breaks Out To 5+ Year High
Article By:
Bespoke Investment Group
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Thursday, June 20, 2019 2:14 PM EDT
We’re seeing GLD break above $130 today as the yellow metal makes a new 5+ year high.
In this article: GLD
Eurozone Consumer Confidence Drops Amid Global Growth Concerns
Article By:
ING Economics
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Thursday, June 20, 2019 1:36 PM EDT
Consumer confidence falls from -6.5 to -7.2. Even though the household income situation is moving in the right direction, growth concerns seem to be the cause of increased pessimism.
In this article: EZU
Eagle Point Credit: Don’t Speculate On This 14% Yielder
Article By:
SureDividend
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Thursday, June 20, 2019 12:48 PM EDT
Eagle Point Credit’s high dividend yield and monthly dividend payments make it an intriguing stock for dividend investors, even though its dividend payment has been stagnant in recent years.
In this article: ECC
Bullish Sentiment Very Low For A Market At New Highs
Article By:
Bespoke Investment Group
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Thursday, June 20, 2019 11:36 AM EDT
The market may be reaching all-time highs today, but sentiment is hardly reflective of that. The AAII weekly sentiment survey continues to see modest improvements in bullish sentiment.
In this article: SPX
Caution Creeps In At Bank Of England As 'No Deal' Fears Resurface
Article By:
ING Economics
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Thursday, June 20, 2019 10:21 AM EDT
The fact that Bank of England policymakers are flagging that the perceived risk of a 'no deal' Brexit is rising suggests that interest rates are unlikely to rise this year, despite recent signals that markets may be underestimating future tightening.
Gold Miners Waiting On This Chart
Article By:
Gary Tanashian
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Thursday, June 20, 2019 10:12 AM EDT
Do you think that maybe gold stocks would benefit if gold manages to turn up vs. the US stock market?
Student Loan Debt Climbs To Record High $1.4 Trillion In 2019
Article By:
Mish Shedlock
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Thursday, June 20, 2019 10:02 AM EDT
Want to know what's holding back housing and family formation? Look no further than student loans.
The 3-Big Lies About Tax Cuts & The Economic Impact
Article By:
Lance Roberts
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Thursday, June 20, 2019 9:30 AM EDT
While well-designed tax reforms can certainly provide for better economic growth, those tax cuts must also be combined with responsible spending in Washington.
New Highs
Article By:
Bespoke Investment Group
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Thursday, June 20, 2019 9:14 AM EDT
Markets slept on yesterday’s Fed-fest and decided they liked it. The S&P 500 has its sight set on record highs, while the Nasdaq isn’t far behind.
Taiwan Central Bank Stays Put As Expected
Article By:
ING Economics
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Thursday, June 20, 2019 8:57 AM EDT
The central bank left policy unchanged in June.
Norges Bank Hikes Rates And Hints At Another Later This Year
Article By:
ING Economics
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Thursday, June 20, 2019 8:03 AM EDT
The Norges Bank has lived up to its status as the hawkish outlier in the developed market central bank space.