U.S. stocks were mostly higher Wednesday, ahead of corporate results from Tesla and Microsoft, but with buying seen in utilities and other sectors viewed as defensive, as Sino-American tensions rise.
Gold and silver rise further Wednesday, getting a boost after China said the U.S. had ordered it to close its Houston consulate, marking a further climb in tensions between the two countries and sparking demand for haven assets.
‘As the massive monetary and massive fiscal stimuli (over $15T globally) conjoin to save the economy from a deflationary depression, they will cause instead a hyperinflationary economic collapse,’ Larry McDonald warned.
On the cusp of tapping into investments, how to generate income for life — and beyond
Earlier this year, lBill Smead expressed his frustrations over Warren Buffett’s “maximum defense” approach. A couple months later and he’s still taking issue with the Berkshire boss.
‘He’s a little bit of an alarmist,’ President Trump says of Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases.
Morgan Stanley will start measuring and disclosing lending portfolio greenhouse gas emissions and back the push toward universal climate-risk accounting — the first U.S. bank to take such actions.
A Republican senator who had publicly held off endorsing Federal Reserve Board nominee Judy Shelton said Monday he would support her, likely clearing the way to floor vote soon
