US Economy

Despite the move towards liquidity, an uncertain economy, unprecedented economic stimulus and a gradual recovery make it a good time to buy gold relatively cheaply.

Yet, despite the latest bout of volatility, markets have stayed very resilient. The strength and durability of the current rally continue to confound many professional market observers.

Covid-19, and the economic crisis it has triggered, is stretching this tension between saving- and the current-account to the breaking point. The culprit: exploding government budget deficits.

The US economy ended its longest expansion in history in February and entered recession as a result of the coronavirus pandemic, the private economics research group that acts as the arbiter for determining U.S. business cycles said on Monday.

The torrid rally in U.S. stocks pushed the S&P 500 into the green for the year as easing lockdowns bolstered economic optimism. The dollar fell. A jump to a 15-week high on Monday extended the benchmark’s surge from its March low to almost 45%.

US President Donald Trump claims to have seen evidence indicating its origins from the Wuhan Institute of Virology. “We’re going to see where it comes from,” Trump said at a White House ev

“Nothing can basically stop America. The American miracle, the American magic has always prevailed and it will do so again,” says Warren Buffet

“We’re not going to be in any hurry to withdraw the measures or to lift off. We’re going to wait until we’re quite confident that the economy is well on the road to recovery,” says Fed Chairman Jerome Powell

"Winter is here" - A Bloomberg model indicates 100% chance of recession in the coming year.

With the whole world now facing the Covid-19 pandemic, US sanctions have also become a direct threat to the survival of people inside those countries — and everyone else. They should be immediately lifted.