by Bloomberg.com | May 21, 2025 | AlphaTack Intel
Advisers to President Donald Trump are considering a new directive to pave the way for private equity to become a bigger piece of US retirement savings, according to people familiar with the matter. Top officials have been discussing an executive order or presidential...
by Michael Markowski | May 20, 2025 | AlphaTack Intel
DRAFT Since the beginning of 2024 the Sprott Junior Gold Miners ETF (SGDJ) and the Van Eck Jr. Gold Miners ETF (GDXJ) have outperformed Gold and the world’s two largest publicly traded gold miners. The table below depicts the performance of gold, gold related...
by Bloomberg.com | May 19, 2025 | AlphaTack Intel
Congressional Republicans risk “fiscal disaster” if a recession hits as they push through sweeping tax cuts, Guggenheim Securities Co-Chair Jim Millstein warned. “What today is 6.4% of GDP as a deficit, a $2.4 trillion deficit, could easily expand to $4 trillion if we...
by Bloomberg.com | May 19, 2025 | AlphaTack Intel
Switzerland’s central bank chief gave a vote of confidence to US government bonds even after the world’s biggest economy was stripped of its last top credit rating by Moody’s. “US Treasuries are very liquid,” Swiss National Bank President Martin Schlegel said Monday...
by Bloomberg.com | May 19, 2025 | AlphaTack Intel
Gold rose as the dollar tumbled after Moody’s Ratings stripped the US of its last top credit rating due to ballooning debt and deficits. Moody’s blamed successive administrations and Congress for swelling budget deficits that it said show little sign of abating. And...
by Bloomberg.com | May 19, 2025 | AlphaTack Intel
China reminded officials around the country to cut wasteful spending on travel, food and office space, adding to signs of an austerity push by President Xi Jinping as economic headwinds strain government budgets. The notice issued by the government and ruling...