Don’t be fooled by low headline inflation in the US. Markets will adjust to another figure on Wednesday.

All traders, investors, and economists are relying on Wednesday’s CPI report to show a drop in the headline annual inflation rate in the US for the month of July. But another number buried in the CPI data has a tendency to shake up the markets. It’s called the annual core CPI reading, and it’s a … Read more

The Commodity Futures Trading Commission (CFTC) is charging World Series of Poker players for manipulating the gold and silver markets

(Kitco News) In another plagiarism case, the Commodity Futures Trading Commission (CFTC) has accused a Nevada metals dealer with a lucrative poker side role of rigging the gold and silver futures markets. The Commodity Futures Trading Commission said Daniel Schack, who heads small hedge fund SHK Management LLC, placed large orders on gold and silver … Read more

The strong dollar in America is hurting others

The dollar has appreciated more than 10% in 2022 compared to other major currencies – near a two-decade high – as investors worried about a global recession scrambled to cash in on dollars, which are considered a safe haven in turbulent times. Adding to the dollar’s appeal is the Federal Reserve fierce campaign Raising interest … Read more

A bustling job market is putting “booming inflation” back on the map for investors

Instead, the concern has shifted to what a crowded job market and higher costs of everything mean for stocks and bond portfolios, especially if they turn into a combination of higher growth and inflation with staying power. What do we call such a scenario? “Boomflation,” said Kent Engelk, chief economist at Capitol Securities Management, pointing … Read more