Economics
Macro Briefing: 6 October 2022
* North Korea continues to launch missiles as US redeploys carrier * OPEC+ approves hefty cut in oil production to support prices * Global economic activity…
* North Korea continues to launch missiles as US redeploys carrier
* OPEC+ approves hefty cut in oil production to support prices
* Global economic activity decreased for second month in September
* Global trade expected to slow sharply, WTO predicts
* US hiring at companies picked up in September via ADP data
* Developing nations relying on China loans could face challenges as growth slows
* US Services PMI shows decline in business activity for third month in Sep., but…
* ISM Services Index eased in September but continues to reflect solid growth:
Slowing the pace of tightening for monetary policy is “really challenging” when core inflation is rising, says Federal Reserve Bank of San Francisco President Mary Daly. “The American people — they need confidence that we’re resolute,” she said. If core inflation is rising and the job market isn’t cooling “that’s not very comforting to the American people, and I think then that the downshifting on the tightening would be a much harder decision to make.”
PBoC In A Hurry To Buy Gold: Covertly Bought 593 Tonnes Of Gold YTD
PBoC In A Hurry To Buy Gold: Covertly Bought 593 Tonnes Of Gold YTD
By Jan Nieuwenhuijs of Gainesville Coins
The PBoC is in a hurry to buy…
The Interest Rate Shock Will Blow Up The Government’s Ponzi Game
The Interest Rate Shock Will Blow Up The Government’s Ponzi Game
Authored by Thorstein Polleit via The Mises Institute,
In the international…
Central Bank Gold Buying Continued Unabated In September
Central Bank Gold Buying Continued Unabated In September
Via SchiffGold.com,
Central banks continued to gobble up gold…
Reported central…
