There is precious little bullion left in the West today to supply rapidly increasing Asian demand. It is important to understand how little there is and the dangers this poses for financial stability.
McDonald’s Corp.’s U.S. sales funk worsened in November as rivals lured away diners amid the choppy economic recovery.
Tomorrow morning markets will react to the release of the November unemployment number. This release will be watched very closely as market participants look for clues for when the Fed might taper its $85 billion a month bond buying program.
The yen weakened versus the majority of its major peers as investors sought higher-yielding assets amid an advance in global stocks.