Central bank purchases have been key in driving up gold, often considered a haven in times of uncertainty and turmoil. Global uncertainties and the Federal Reserve slashing interest rates this year giving bullion a lift.
All posts tagged US
Inflation trends under each U.S. president since 1953
Inflation drivers are often complex and it’s essential to understand that new presidents often inherit economies, shaped by their predecessors.
Inflation comparison: U.S., G20 and European Union
G20 comprises Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the U.K. and the U.S., as well as the European Union, represented by the rotating council presidency and the European Central Bank. In June 2022, both U.S. and G20 inflation reached 9.1%, according…
Stock Market Performance During An Election Year
The anxiety over election uncertainty has sneaked into markets, leaving enough room for a bigger market volatility for this week. The CBOE Volatility Index (.VIX) had already soared 40% from 15.67 on October 28 to 22.15 on November 3, while S&P 500 has lost 2.2% during the same period. On Friday, the S&P 500 index remained…