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Michael Pento
Economy Slowly Slipping Into Recession, but Not There yet By Michael Pento - May 23, 2024 5

The recent spate of economic data continues to point to a weakening economy, but one that is not yet precipitously falling into recession.The Philly Fed Index was released late last week. The...

Trading Point
Dollar benefits from hawkish Fed minutes By Trading Point  - May 23, 2024

Dollar rallies as both gold and bitcoin fallEarly UK elections called after mixed UK CPI reportEZ PMIs unlikely to stop the ECB from cutting rates in JuneDollar rallies on the back of the minutesThe...

Ipek Ozkardeskaya
Fed's Hawkish Minutes Push Yields Higher By Ipek Ozkardeskaya - May 23, 2024 1

See, at his latest post-FOMC press conference, Federal Reserve (Fed) President Jerome Powell stated that the Fed’s next move will probably not be a rate hike—a statement that brought joy...

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