Money, Wealth & Power—A Daily Look at the Financial World
China’s latest sanctions on U.S. defense contractors have rippled quickly through financial markets, knocking Boeing’s share price and raising fresh questions about how far geopolitical tensions can reach into the aerospace and defense complex. Investors now have to weigh not only earnings and order books, but also the risk that the next diplomatic flare-up over…
Financial markets can live with high interest rates, geopolitical shocks and even messy politics, but they struggle when they lose faith in the referees. That is the warning Bank of America chief executive Brian Moynihan has been pressing, as he argues that investors will not hesitate to punish the United States if the Federal Reserve…
Gold and silver have not just inched higher, they have smashed through previous ceilings into uncharted territory. Record prices in both metals are forcing investors, policymakers, and ordinary savers to ask what is really driving this surge and how long it can last. I want to unpack the mix of geopolitics, monetary policy, and market…
The U.S. economy is ending the year in far better shape than many forecasters expected, with growth accelerating instead of stalling and consumers still opening their wallets. Output has picked up, financial markets have leaned back into risk, and the feared recession has yet to materialize even as borrowing costs remain high. The result is…
Across the United States, the line between middle and upper-middle income is shifting, and it looks very different in Boston than it does in Birmingham. The gap is not just about how much money a household earns, but how far that money stretches in specific states and cities. I want to unpack how those tiers…
China is about to flip a powerful switch in the silver market, and the timing could hardly be more combustible. Starting Jan. 1, new export controls on one of the world’s most important industrial metals collide with record demand, tight inventories, and a speculative frenzy that already has prices screaming higher. I see a setup…
The United States spent the past year flirting with a downturn that never quite arrived, a kind of slow-motion stress test for a system already shaped by earlier calamities. Growth wobbled, markets braced for impact, and households felt the strain, yet the basic machinery of jobs, credit, and spending kept turning. To understand how the…
Across the United States, frustration with the cost of living has hardened into something closer to anger. After years of rising prices for rent, groceries, gas and debt payments, roughly half the country now says their financial security has deteriorated on President Donald Trump’s watch and that daily life has become harder to afford. The…
Silver has turned into the breakout story of global markets, ripping higher as investors scramble for protection from swelling debt loads and a more dangerous geopolitical backdrop. The metal has not only outpaced gold, it has shattered historical relationships and forced traders to rethink what “safe haven” really means in a world of fiscal strain…
Gold’s relentless rally has shifted from curiosity to macro signal, and one of the most aggressive calls now on the table is that the metal could trade near $4,000 an ounce within months. That view, coming from TD Securities and its commodities team, frames gold not just as a hedge but as a high‑conviction trade…