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Gold has room to rise after reaching record highs this year, as a "shifting interest-rate landscape could be a particularly powerful tailwind," according to Wells Fargo Investment Institute.
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Uri Berliner is suspended after criticizing NPR in another outlet. "I've been hammering away at these things for years…and nothing has changed."
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The economy is on track to expand by at least 2% for the seventh quarter in a row. Just how strong is that? The last time the U.S. pulled off such a feat was 20 years ago.
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Shares of Equifax fell after hours on Wednesday after the credit-scoring giant reported first-quarter revenue that missed expectations and said it expected a continued drop in mortgage inquiries this year, as the housing market stalls out under high home prices and interest rates.
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Long-term Treasury yields dropped from their highest levels since early November on Wednesday amid a round of dip-buying in 2- through 30-year government debt.
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The country needs to inflate away its high debt burden
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Robust job growth,higher stock prices, and home values all point to a solid economy despite high interest rates that everyone hates.
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