1
Tag: plunge
Gold & Silver Plunge as the Fed’s Inflation Trap Tightens
This abrupt reversal has triggered widespread debate across financial markets. Analysts and investors are asking whether the great precious metals bull market has officially run its course, or if the current environment represents another brutal, albeit temporary, correction nested within a much larger, enduring upward trend. To answer that, observers are weighing multiple moving parts,…
Financial Markets Wrap: Belgian Budget Crisis Spooks OLO Spreads, Energy Prices Plunge, and US Manufacturing Surges
Markets What financial commentators are increasingly describing as a chronicle of a death foretold finally played out in the European sovereign debt markets, as the Belgian 10-year OLO-swap spread touched the psychological 100-basis-point threshold. The spread surged sharply from its previous Friday close of 94 basis points following the abrupt collapse of multiannual budget negotiations…
