Markets Insider

Stocks could see a 1995-like rally after the Fed cuts rates, said Wells Fargo's head of global investment strategy.

Stocks will embark on a run of gains unseen in 30 years after the Fed cuts rates, Wells Fargo strategy chief says

TheStreet

Markets end lower as investor seem to think the Fed has waited too long to cut rates. And they sold stocks hard in response.

Stock Market Today: Stocks crushed as markets see Fed rate error

GOBankingRates

Is your dream vacation abroad about to get cheaper? Or is your international investment portfolio in for a wild ride? Buckle up, folks, because some major global currencies might be headed for a...

7 International Currencies Expected To Plummet in Value by the End of 2025

LONDON (August 22) Gold prices edged lower on Thursday, easing from their recent record highs as traders reacted to the latest minutes from the U.S. Federal Reserve’s July meeting. The minutes showed that officials were strongly inclined toward an interest rate cut at the September policy meeting, a move that had already been largely anticipated by the market. Investors are now focused on Federal Reserve Chair Jerome Powell’s upcoming speech at the Jackson Hole symposium for further guidance on the central bank’s policy.

Gold (XAU) Price Forecast: Will Powell’s Jackson Hole Speech Spark a Gold Rally?

LONDON (August 21) The U.S. dollar edged higher in early European trade Wednesday, but remains close to seven-month lows as minutes from the last Federal Reserve meeting and likely revisions to payrolls data are set to point to an interest rate cut in September. At 05:20 ET (09:20 GMT), the...

Dollar inches higher, but remains close to seven-month lows

2024 has been an historic year for the gold market. As the price broke the $2,000 level, went through $2,100, and even despite some pullbacks along the way, kept on going until it reached its current level of over $2,500. But of course since we still always want to know...

Michael Oliver Report Answers:´How Crazy Is $3,000 Gold From Here?'

Reuters

(Reuters) - The S&P 500 and the Nasdaq rose in volatile trading on Thursday, as investors were more hopeful the Federal Reserve would kick off its interest rate cut cycle next month, while awaiting policymakers' commentary at Jackson Hole this week.

S&P, Nasdaq inch up on hopes of Sept rate cut; Jackson Hole in focus

Ohio State

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The Lantern

On Tuesday, licensed Ohio dispensaries began legally selling non-medical marijuana to consumers; however, the drug’s possession, growth and/or usage are still prohibited on Ohio State’s campus. Credit: Jefferee Woo/Tampa Bay Times/TNS [Original caption: Four citizen-led petitions with proposals to update Dallas’ charter hit the 20,000 valid signature threshold to make it on the Nov. 5 election ballot, including one that would ban police officers from arresting or citing people carrying less than four ounces of marijuana.] As of Tuesday, students 21 and older can now legally purchase marijuana in Ohio.

Dispensary sales of recreational marijuana began Tuesday; possession and usage still prohibited on Ohio State’s campus

Colorado State

David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

I think the fundamentals changed on August 2nd, and I think the FED has probably blown their chance to get inflation under control.

The Fundamentals Changed On Aug 2

Responding to the recent commentary about the idea to spectacularly increase the U.S. money supply via the minting and depositing at the Federal Reserve of one or two platinum coins of trillion-dollar denominations, a friend asks: What would a trillion-dollar platinum coin do to the price of U.S. platinum Eagles?

Did Mark Twain Anticipate the Trillion Dollar Coin?

LAUNCESTON, Australia (Reuters) -Gold has been the standout commodity performer so far this year, gaining 18.5% and posting a record high. But the precious metal may become a victim of its own success, with consumer buying at risk from the surge in prices.

Gold's run to record high may crimp demand: Russell

24/7 Wall St.

With over a year of interest rates continuing to remain above 5%, many investors appear to be taking a more defensive approach to portfolio construction. That’s not to say that capital is increasingly flowing into mega-cap companies that are generally considered to be safer due to their size. In fact, a rotation has been building […]
The post 3 Stocks That Will Pop From a Big Interest Rate Cut appeared first on 24/7 Wall St..

3 Stocks That Will Pop From a Big Interest Rate Cut

Los Angeles, CA

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

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Herbie J Pilato

Adam Rich was born on October 12, 1968, lived a troubled life, and died on January 7, 2023, at only 54 years old. This is his story. He lived in the Granada Hills area of Los Angeles with his parents and younger brother. The Rich family resided for a time in Florida where Adam studied acting at the local gym.

A Look Back at the Tragic Life and Death of Former Child Star Adam Rich (TV's 'Eight is Enough')

Gold is the world’s greatest cash (money). For amateurs, setting target prices is most important. Pros simply want to identify price zones where they can eagerly buy more. I’ll lay out these key zones today, and spice it with exciting comments on silver and the mining stocks, but first I’d like investors to look at some of the “backstage lighting” currently shining brightly for gold.

Gold Forecast: $2800 & $3300 Targets In Play

Denver, CO

In addition to collecting more than 8,000 used needles in the past year from Denver drug users, the Harm Reduction Action Center passed out 10,000 meth pipes and “snort kits,” according to a newsletter sent to its supporters Thursday. They also connected about 1,700 people to medical, mental health and substance abuse treatment.

Denver group hands out 10K meth pipes, ‘snort kits,’ connects 1,700 to treatment annually

Gold jumped past $2,500 an ounce on Friday, reaching a new high. The metal is rallying on bets the Fed will soon cut rates.

Why gold prices just hit a record

The Independent

UK inflation rose to 2.2 per cent in July, marking the first increase this year and increasing the chances the Bank of England keep interest rates at the same level when they meet next month.The Consumer Prices Index (CPI) inflation rose from 2 per cent in June, but undershot economists’ expectations who had forecast it rising to 2.3 per cent.However, despite the smaller than anticipated inflation increase, it is still above the Bank’s target of 2 per cent and casts doubt on back-to-back interest rate cuts at September’s meeting.CPI services price inflation, which is closely monitored by the Bank, fell...

Inflation rises to 2.2% for first time this year in blow to interest rate cut next month

In 2024 alone, we've seen the Philadelphia Federal Reserve publish a study on the effectiveness of a gold standard, confirmations that the BRICS are moving forward plans for a 40% gold-backed settlement currency, and a senator propose revaluing the Fed's gold certificates in order to fund a Strategic Bitcoin Reserve.

Bill Holter: Will We Ultimately See A Gold Revaluation?

In the latest episode of the Money Metals Midweek Memo podcast, host Mike Maharrey dived into the ongoing impacts of inflation, Federal Reserve policies, and the latest developments in the gold and silver markets. Maharrey opened the discussion with an analogy comparing the Federal Reserve’s denial of responsibility for inflation...

Gold Hits Historic Milestones as Inflation and Dollar Weakness Drive Precious Metals Surge

NewsBreak

Gold corrects back as traders gauge health of US economic outlook

LONDON (August 21) Gold (XAU/USD) pulls back to above $2,500 on Wednesday after touching a new all-time high of $2,531 on the previous day. The correction...

Gold corrects back as traders gauge health of US economic outlook

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