The U.K. received a reprieve from the constant pressure of coming up with a viable Brexit package this week when the EU gave it until October 31 to come up with a new plan. Conditions on the extension, however, mean that the U.K. must elect members to the European Parliament in May, or it will again be faced with the threat of a disorderly exit come June 1.
1. The UK parliament voted no on Theresa May’s Brexit package for the third and final time this week, sparking a massive protest march by pro-Brexit supporters who sincerely want the UK to exit the EU in an “orderly fashion”. 2. The seasonally adjusted number of Americans filing initial claims for state unemployment dropped by…
The uncertainty surrounding Brexit continues to be a top news item to watch, particularly as signs increase that a global recession may be building up steam.
1. A catastrophic computer failure has unfortunately made it necessary to keep this week’s memo brief as we work to repair the issue. Below is a short synopsis of news events and the Friday- to-Friday closing prices for this week. 2. Brexit was the primary focus of most major news outlets this week as U.K.…
In ancient Rome, interregnum was the term given to the period between stable governments when anything untoward might occur, and sometimes did – civil unrest, warfare between warlords, power vacuums and, finally, succession wars.
The Precious Metals Week in Review – December 15, 2017.
The Precious Metals Week in Review – November 10, 2017 – Precious Metals International
The Precious Metals Week in Review – November 3, 2017.
Precious Metals International.
1. In the U.S., the drivers for market activity for the coming week are expected to be the much-discussed tax bill and the continued uncertainty over who will chair the Federal Reserve when Janet Yellen’s term ends in early 2018. Europe is expected to continue to be a geopolitical hotspot as Spain’s constitutional crisis deepens…
1. Geopolitics appeared to be the primary driver for market moves this week. North Korea, Iran, Russia and China were all in the news with heavy criticism for the U.S. and the Trump administration policies in particular. 2. In the U.S., California literally caught fire this week as nearly 24 fires spanning 8 counties in…
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