in the future - u will be able to do some more stuff here,,,!! like pat catgirl- i mean um yeah... for now u can only see others's posts :c
UBS joins Goldman among big bank predicting resumption of #gold rally. per Seeking Alpha
Gold will rally to $2,900/oz by the end of next year according to analysts at UBS, echoing Goldman Sachs' outlook earlier this week. for further gains.
8 - 0
#layoffs
GM laid off roughly 1,000 employees today as the automaker attempts to cut costs and realign priorities amid changing market conditions
21 - 4
BREAKING: October CPI inflation RISES to 2.6%, in-line with expectations of 2.6%.
Core CPI inflation was 3.3%, in-line with expectations of 3.3%.
Both headline and Core CPI inflation are now higher than they were 2 months ago.
8% mortgage rates are on their way.
17 - 4
Florida’s Office of Financial Regulation has placed Alliance Credit Union of Florida in Gainesville, Florida, into conservatorship, and appointed the National Credit Union Administration as conservator.
13 - 0
🚨 US JOB MARKET SAYS THE ECONOMY IS IN A RECESSION
The number of Americans unemployed for 27 weeks & over in the US spiked to 1.6 MILLION, the highest since February 2022.
This already EXCEEDED the levels at which the previous 7 RECESSIONS started.
21 - 4
•Sound money is economic freedom:
It might not be clear at first why this is a measure of freedom rather than just a measure of good economic policy. But money would likely be sound if the government did not have a legal monopoly over the money supply (see competing money supplies and gold standard).
Therefore sound money is a measure of how much the government refrains from abusing its monopoly power. To get high ratings here, a country’s inflation must be low and stable, and the government must permit people to own currencies of other nations.
5 - 2
The labor market shed over 300,000 full time jobs in October, per the Household survey, while permanent job loss surged.
per MacroEdge
15 - 6
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