Macro Briefing - Thursday, Sep. 25
New U.S. home sales surged in August. Signed contracts for new single-family homes jumped to a seasonally adjusted annual rate of 800,000, a 21% from the previous month and 15% above the year-ago level.
The Silver Bull Market Is Alive & Well... The Silver Miners Are Confirming This.
We compare the price of Silver versus the Silver Miners and how they did over the last year and a half. Silver gained 87% versus the 191% gain from SIL, which is the clear winner in terms of ROI.
Stocks Sink As AI Darling Drags Broader Sentiment
The tech-heavy Nasdaq Composite is sporting a triple-digit deficit, while the Dow Jones Industrial Average and S&P 500 Index also sit comfortably in the red.
Gold Retreats As Robust US Data Boosts Greenback And Treasury Yields
Gold (XAU/USD) edges lower on Thursday, erasing earlier gains after stronger-than-expected US data boosted the Greenback and Treasury yields.
Snapshots Of The Global Robot Population
About half of those industrial robots are in China, with Japan and Korea also in the top five. The number of manufacturing jobs in China has been declining for several years now.
Can’t Find My Oil Glut - The Energy Report
Gas prices on the futures are steady to higher as the demand expectations going into winter continued to stay strong and at least for now, the market expects there’s a possibility that the increase in demand will stay.
