Stocks Mixed Before Next Week’s Fed Rate Report

Gold Silver Reports – U.S. stocks ended mixed Thursday, as industrial and tech gains were offset by losses in the consumer and energy sector. Ten-year Treasury yields steadied after briefly sinking below 2.80 percent as traders look forward to next week’s Federal Reserve policy decision.    

Read More →

Investors Pare Back $1 Trillion Bond Bet

Gold Silver Reports (GSR) – Across fixed income, credit funds stand out as suffering persistent outflows over the past three months, according to Societe Generale SA. That’s after money managers helped to swell assets fourfold to more than $1 trillion since 2010, according to the bank. The change in sentiment may be a turning point for a type of debt that became a must-have during an era of easy-money policies.

Read More →

On Bleak Day, Pipeline Operators Say Tax Policy Is No Big Deal

Gold Silver Reports (GSR) – On the worst stock-market day for U.S. pipeline operators in two years, Wall Street analysts and pipeline insiders saw reason to smile. – A Federal Energy Regulatory Commission’s ruling that master-limited partnerships should no longer receive credit for income taxes they don’t actually pay is a lot more narrowly focused than the day’s selloff suggested, they say.

Read More →

Money Market Heads Up!

Gold Silver Reports (GSR) – Money Market Heads Up! — Indian bonds are likely to trade in a range amid declining volumes with most investors awaiting the government’s record $93 billion borrowing program which will kick off early next month.

Read More →

Bitcoin’s Premium to Gold Looks Set to Get Hit by Fed Hikes

Gold Silver Reports (GSR) – Bitcoin’s Premium to Gold Looks Set to Get Hit by Fed Hikes — Bitcoin’s soaring premium to gold is being eroded as the digital currency faces regulatory scrutiny and lower demand. The convergence is likely to accelerate with help from the Federal Reserve, according to Mike McGlone, a strategist at Bloomberg Intelligence, who says rate hikes have marked bitcoin tops and gold bottoms.

Read More →