Market Overview

Did you know that every time you type a query into ChatGPT, it requires about 10 times as much electricity to process as a Google (NASDAQ:GOOGL) search? That’s according to Goldman Sachs, which...

GameStop (NYSE:GME) rallied nearly 90% after Keith Gill, aka Roaring Kitty on Twitter, posted a screenshot on Reddit showing a big stake in option positions (about 120’000 call options that would...

In this MoneyShow MoneyMasters Podcast episode, we cover the outlook for stocks, gold, and cryptocurrencies – plus the “Arms Race” that is minting profits for properly positioned investors. I...

After months of waiting, a rate cut from the ECB on Thursday looks like a done deal. Data from Reuters shows markets pricing in a 96% chance of a 25-basis point cut from the European Central Bank...

ECB cuts pared back after CPI uptick, but Fed hopes rise on softer core PCE BoC to likely join ECB in cutting rates this week after GDP miss Upbeat Asian PMIs boost equities ahead of US jobs...

Gold Declines on Stabilising US Inflation and Easing Middle East Tensions The gold (XAU) price fell by 0.68% on Friday after data showed that US inflation stabilized in April, increasing the chances...

OPEC+ announced on Sunday that it will extend supply cuts to the Q3 but will gradually return barrels to the market over the following 12 months. The fact that OPEC has a clear time in mind for...

A fresh batch of important monthly data on income, outlays, and personal consumption expenditure prices in the US has been published. Personal outlays grew by 0.2% in April after a 0.7% jump a month...

US economic growth rose a modest 1.3% in the first quarter, a softer increase vs. the government’s initial 1.6% estimate. The revised data reflects a sluggish pace of growth and the second straight...

June is expected to be another eventful month on Wall Street amid a trio of key market-moving events. Investor focus will be on the U.S. jobs report, CPI inflation data, and the Fed’s FOMC...

The future of electricity demand for everything from electric cars to Bitcoin mining to artificial intelligence may also be the cure for our debt concerns. Before you dismiss that statement, let me...

Dollar pulls back ahead of core PCE price index Euro awaits Eurozone flash CPI data Wall Street closes in the red, oil extends slide Core PCE inflation enters the spotlightThe US dollar pulled back...

GDP showed a slowdown of the consumer. However, consumer spending, like so many things in the macro right now, is nuanced. While some stores suffer poor earnings like Kohl, TJ Maxx thrives. While...

Today's PCE Data May Define the Gold Trend Gold (XAU) has been moving sideways within 2,325–2,363 throughout the week, awaiting today's US Personal Consumption Expenditure (PCE) Price Index data....