Recession Fears Loom Large Over Bullish Oil Market

The price of gasoline in the US hit an all-time high on Tuesday as the national average spiked $ 0.17 / gallon from last week to $ 4.37 / gallontopping the previous all-time high set March 8. The European Union’s discussion of pulling back from buying Russian oil has sent additional shock waves through an … Read more

Is the Fed facing a credibility problem and why is gold price the ‘punching bag’?

(Kitco News) Extreme volatility in the marketplace in reaction to the latest policy shift by the Federal Reserve has many risk-on assets in a downward spiral, but why is gold – a safe-haven asset – once again ‘the punching bag’? Gold failed to hold above the $ 1,900 an ounce level this week as markets … Read more

“The Fed always screws up.” This forecaster sees inflation peaking and US stocks in a bear market by summer

Keith McCullough, founder and CEO of Hedgeye Risk Management, has been bullish on gold, silver and utilities since the start of the year, when his investment-research firm’s economic models turned bearish on stocks and bonds. That defensive move was the result of Hedgeye’s models getting an early jump on a shift in the US economic … Read more

“The Fed always screws up.” This forecaster sees inflation peaking and US stocks in a bear market by summer

Keith McCullough, founder and CEO of Hedgeye Risk Management, has been bullish on gold, silver and utilities since the start of the year, when his investment-research firm’s economic models turned bearish on stocks and bonds. That defensive move was the result of Hedgeye’s models getting an early jump on a shift in the US economic … Read more

Inflation: How nations fare when inflation spreads around the world

After being tied to history books for decades, at least for the Western world, inflation has been returning in recent months. It started with an increase in commodities, especially oil and metals, after Covid in 2020 after a period of 10-15 years when various commodity prices had remained largely down. After several ups and downs … Read more