Stocks rose ahead of Thanksgiving, with key economic indicators like inflation and GDP in focus. Oil prices may decline as OPEC+ discusses production delays. U.S. consumer sentiment improves, while new home sales plummet. Precious metals fell due to easing geopolitical tensions. Volatility remains as investors seek diversification amidst uncertainties.
1. Two key gauges showed persistent U.S. inflation pressures in recent months, buttressing the case for another Federal Reserve interest-rate hike next week. The personal consumption expenditures price index excluding food and energy, the Fed’s preferred measure of underlying inflation, rose 0.3% in March from the prior month and 4.6% from a year earlier, a…
Diversification with Precious Metals remains key to protecting an investment portfolio from corrections across multiple market sectors.
Many investors have continued to seek out buying opportunities, in the form of temporary price dips, that will allow them to add additional physical precious metals to their portfolios for diversification purposes.
According to preliminary data released by Statistics Canada on Friday, the economy could have grown in the second quarter of the year after declining 0.5% in April and 0.3% in May
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…
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