Editor’s note: Keep up to date with our quick summary of today’s must-read news stories and expert advice moving the precious metals and financial markets. Sign up here! (Kitco News) Gold prices fell backwards less than expected July retail sales data. U.S. retail sales rose 1.2% in July after an …
Read More »U.S. retail sales are missing expectations in July, may be even slower in months ahead
WASHINGTON (Reuters) – U.S. retail sales increased less than expected in July as consumers cut back on motorcycle purchases and could move too slowly in the months ahead amid emerging new COVID-19 infections and a reduction in unemployment benefit checks . FILE PHOTO: People visit Destiny USA shopping mall during …
Read More »European shares tumble after UK adds six more countries to its COVID-19 travel guarantee list
Matthew Horwood / Getty European stocks fell on Friday as the UK added six more countries to its 14-day COVID-19 quarantine list. The UK’s FTSE 100 benchmark fell 1.9% and the Euro Stoxx 50 fell 1.6% in early European trade. The decision, which goes into effect on Saturday, implies that …
Read More »Retail sales July 2020:
Consumers brought in less than expected in July as a decline in car sales helped cool an economy struggling to shake off the effects of the coronavirus pandemic. Retail sales rose 1.2% in 1.2 months, against the expected increase of 2.3% in economists surveyed by Dow Jones. However, the news …
Read More »7 Deadly Stock Sins: Recamer of ‘Mad Money’ by Cramer (Thursday 8/13/20)
There’s a big difference between blind speculation and informed speculation, Jim Cramer told his Mad Money viewers Thursday. Therefore, it is time to reduce the seven deadly stock sins that Cramer said he sees on Twitter (TWTR) – Get report every day. The first deadly sin is cheerleading. Cramer said …
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