US stock markets are currently passing through the same peaks they faced 11 years ago, right before the massive sell-off that triggered the 2008 financial crisis, according to Phil Town, who sold his stocks before the crash.
In times of significant geopolitical uncertainty, gold looks like a safe haven.
The Congressional Budget Office confirmed on Monday what many Americans and all politicians already know: the United States is in a deeply precarious fiscal position.
The price of gold shot to an 11-week high on Wednesday as escalating geopolitical risks saw investors seeking safe haven assets.
Brent crude prices rebounded to $70 per barrel during midday trading on Tuesday as fears of a trade war eased on conciliatory comments from both the U.S. and China.
The Federal Reserve on Tuesday proposed new rules that could allow some large banks to reduce the amount of capital they must hold as a cushion against a future economic shock.
As the anticipation for a US and China trade war continues, market participants are beginning to plan accordingly.
Washington's latest round of sanctions targeting Russian business will cost the German economy billions of euros, according to estimates revealed by the Russian-German Foreign Trade Chamber (AHK).
Barclays analysts compare speculation in digital currency to spread of infectious disease.
Companies in Asia are rushing to raise funds by issuing bonds before the U.S. Federal Reserve hikes interest rates again.