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Gold and Silver Surge Higher After U.S. Jobs Growth Hit the Skids in June

Gold and silver popped higher following news that the U.S. economy added far fewer new jobs than expected in June. The disappointing news revealed that only 57,000 new jobs were created last month, versus the 113,000 economists had expected to see at the mid-point of the year. Job growth in April and May was also...

The post Gold and Silver Surge Higher After U.S. Jobs Growth Hit the Skids in June appeared first on Blanchard and Company.

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Could Private Credit Defaults Trigger a 2008-Like Crisis?

Are you looking for a movie to watch this weekend? Consider the 2015 movie The Big Short, starring Brad Pitt, Steve Carell, Christian Bale, and Ryan Gosling, which outlines the triggers of the 2008 Global Financial Crisis, along with dark comedy and celebrity cameos. Why is this worth watching? Today, risks bubbling up in the...

The post Could Private Credit Defaults Trigger a 2008-Like Crisis? appeared first on Blanchard and Company.

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