The shutdown is over, but it left a data hole in the country’s economic dashboard. Key October reports on hiring and inflation may never be released, leaving policymakers and the public without their usual guideposts. Unofficial data from private sources points to a cooling job market that was already weakening before the government closed. ADP’s high-frequency readings show that private employers…
The longest government shutdown in U.S. history is adding further strain to an already fragile economy. Now in its sixth week, the closure has frozen an estimated $24 billion in federal spending and is costing the country up to $30 billion per week, analysts from Moody’s say. Small businesses can’t access loans, federal contractors are…
Gold prices pulled back after reaching record highs, but that decline hasn’t shaken confidence in the precious metal’s long-term outlook. Analysts at RBC and UBS view the latest pullback as a temporary reset, not a reversal. Their forecasts call for prices to bounce back over the next 18 months because the same forces that have…
America’s financial foundation is showing strain. Federal debt has passed $38 trillion and interest costs are topping $1 trillion per year. Economists like J.P. Morgan’s David Kelly warn that the United States is “going broke slowly.” Continuing political gridlock amid the current government shutdown is adding pressure, raising doubts about Washington’s ability to manage the…
Silver has claimed the spotlight in global markets, surpassing its record highs set in 1980 and climbing above $50/oz. for the first time in decades. What began as part of a shift into safe-haven assets has escalated into a full-blown supply squeeze, fueled by tightening inventories, industrial demand, and geopolitical uncertainty. The surge comes as…
Gold’s record-breaking climb shows no signs of slowing, with prices soaring past $4,000/oz. for the first time. The precious metal has surged more than 50% this year amid rising concern about the U.S. economy’s direction, persistent inflation, and mounting anxiety over government policy. Analysts compare the rally to the 1970s, when gold last experienced a…
The U.S. government has officially entered shutdown mode after Congress missed the October 1 funding deadline. Essential services like Social Security, Medicare, military operations, and law enforcement continue, but hundreds of thousands of federal workers have been furloughed or ordered to work without pay. Agencies ranging from the Department of Health and Human Services to…
After months of resilience, signs are emerging that the U.S. economy and stock market could be approaching a precarious moment. Economic growth is slowing under the weight of higher tariffs, weakening labor conditions, and fading demand across both manufacturing and service sectors. Purchasing managers’ surveys show that output is decelerating, new orders are softening, and…
Gold prices set a new record last week, driven by market uncertainty and news of the Federal Reserve’s first interest rate cut of 2025. Though stock indexes continue to notch their own records, skeptics like market analyst David Rosenberg warn that this is precisely what a bubble looks like: prices rising even as fundamentals deteriorate.…
The U.S. economy is entering a precarious phase—one marked by slowing job growth, stubborn inflation, and rising concerns about the independence of the Federal Reserve. Recent revisions from the Bureau of Labor Statistics revealed that nearly a million fewer jobs were created between April 2024 and March 2025 than initially reported, underscoring just how fragile…
Wall Street was on edge last week. Concerns grew that a handful of mega-cap tech companies—including Nvidia, Microsoft, and Apple—are carrying too much of the market’s weight. It’s a setup that stirs memories of the dot-com bubble, when too much rested on too few shoulders. At the same time, government borrowing costs climbed in the…
Gold’s rally accelerated Tuesday as a wave of economic and political pressures collided to push the metal to new highs. Inflation, interest rate cut expectations, geopolitical tensions, and ongoing trade disputes all combined to create powerful momentum that shows no sign of slowing. Analysts at leading financial institutions argue that this convergence leaves little in…
