It's A 'McDisaster'

Economic Sentiment Belies Strong Economic Estimates Authored by Lance Roberts via RealInvestmentAdvice.com, Economic growth metrics for the United States have recently shown surprising resilience; however, consumers’ economic sentiment has not. According to the Bureau of Economic Analysis’s advance estimate, real Gross Domestic Product expanded at an annualized rate of just 1.4%, well below expectations and a steep drop from the 4.4% pace in the third quarter. However, the record-long federal government shutdown, which ran from October 1 through November 12, subtracted roughly 1 full percentage point from growth, as federal outlays plunged...

President Trump was reportedly “shocked” to see many thousands of Iranians in the street mourning at the funeral of the country’s late leader, Ayatollah Ali Khamenei, over the weekend. Khamenei was assassinated by the United States at the beginning of the February US surprise attack on Iran. The US attack on Iran was sold to […]

Zinc Hits Four-Year High As "Extremely Thin" Physical Supply Fuels Squeeze Zinc futures in London are headed for their largest monthly close since January, with prices hitting four-year highs this week amid tightening physical supplies. London futures for the industrial metal initially gained as much as 1% before reversing course. Zinc fell .8% to $3,861 a ton as of 11:40 a.m. local time, halting a seven-day rally. Despite the pullback, zinc's physical market remains extremely tight. "Supply constraints boosting zinc: Zinc price has risen 31% since March to $3,966, driven by declining mine...