GM CEO Warns Of 'Very Slippery Slope' As Canada To Import Cheap Chinese EVs

TalkMarkets - Wed, 01/28/2026 - 20:00
In January 2026, PM Mark Carney slashed tariffs on 49,000 Chinese EVs to 6.1% to save Canada’s canola exports from 85% duties. Trump threatened a 100% retaliatory tariff on Canada, while GM’s CEO warned of a "slippery slope" for North American auto.

The Global Silver Market Is Breaking Down

TalkMarkets - Wed, 01/28/2026 - 19:42
We’re witnessing another stunning day in the gold and silver markets, as the gold futures are currently up over $265 on the session, while both the silver futures and spot price are back above $115.

Fed Holds Rates Steady At The Top Of The Neutral Range

TalkMarkets - Wed, 01/28/2026 - 19:20
The Fed left monetary policy unchanged in a range between 3.5% and 3.75%, but the accompanying statement and press conference suggested the Fed is more confident that the policy easing cycle is close to a conclusion.

The Personal Savings Rate Has Reached A Low 3.5%

TalkMarkets - Wed, 01/28/2026 - 19:00
The personal savings rate in the US is approaching very low levels, near 3.5%. Savings levels were as high as 30% during COVID, but have decreased since then...

Gold Jumps Above $5,500 For The First Time On Record

TalkMarkets - Wed, 01/28/2026 - 18:40
Gold price surges to a fresh record high of $5,579 before retreating to around $5,500 in early Asian trading on Thursday.

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