04:39:01
US Geological Survey: A 5.5-magnitude earthquake occurred in the Norwegian Sea.
04:38:48
"New Bond King" Gundlach: We have now seen a complete turnaround from the Federal Reserve.
04:33:49
"New Bond King" Gundlach: The Fed should always remain in a pause state.
04:33:17
"New Bond King" Gundlach: A large amount of money printing is needed to cope with the coming inflation. Money market inflation is unlikely to be transmitted to the stock market.
04:33:11
"New Bond King" Gundlach: U.S. inflation will continue to decline further.
04:30:47
"New Bond King" Gundlach: The trajectory of inflation decline is quite close to expectations.
04:25:42
"New Bond King" Gundlach: It is expected that the inversion of the U.S. bond yield curve will end in the first half of 2024.
04:24:09
"New Bond King" Gundlach: The Fed may have to cut interest rates more than expected.
04:23:42
Spot silver rose 4.00% during the day and is currently trading at $23.67 per ounce.
04:23:26
"New Bond King" Gundlach: Next year we will see U.S. bond yields drop to a low range starting with 3.
04:21:40
"New Bond King" Gundlach: The annual CPI rate in the United States may reach 2.4% in June next year.
04:21:27
Lindsay Rosner, analyst at Goldman Sachs Asset Management: Fed put options are making a comeback.
04:21:23
Spot gold rose 2.00% during the day, climbing to US$2,020 per ounce, up US$40 during the day.
04:17:12
COMEX silver futures rose 4.00% during the day and are currently trading at $23.94 per ounce.
04:16:58
Fed Chairman Powell: Closely monitoring reserve levels, which are still more than adequate.
04:15:58
Fed Chairman Powell: Interest rate policy and balance sheet reduction are on different tracks.
04:13:55
Fed Chairman Powell: The balance sheet is operating basically as expected.
04:13:34
Fed Chairman Powell: Reluctant to say the "last mile" to fight inflation will be more difficult.
04:13:18
Fed Chairman Powell: We are not talking about changing the pace of quantitative tightening.
04:12:46
Federal Reserve Chairman Powell: So far, everything is going well in the decline of U.S. inflation.