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October 15, 2025 Economy by ORANEC

Bank of America revamps gold price target for 2026

Gold prices are on a tear this year as concerns mount due to rising inflation and unemployment—a double-barreled risk to the U.S. economy.The yellow metal has surged 58% in 2025, trouncing the S&P 500, which is up just 13% year-to-date. Not even the AI-driven and technology-heavy Nasdaq has kept pace. It's up 17%—solid, but nowhere near gold's eye-popping return.Gold's ascent, which has it trading at all-time highs near $4,182, has gold bugs smiling, but likely wondering if the rally is near over. While anything can (and often does) happen, speculators may not want to lock in their gains, base…

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October 15, 2025 Economy by ORANEC

What Catalysts Could Shift the Story for Schwab Amid New Growth and Caution?

Charles Schwab's consensus analyst price target has risen slightly from $108.37 to $109.60, signaling renewed optimism among market observers. This minor upward adjustment reflects confidence in Schwab's strategic initiatives, particularly as the company continues to demonstrate resilience despite ongoing market headwinds. Stay tuned to discover how to stay informed about the evolving narrative surrounding Schwab's stock performance.Analyst commentary on Charles Schwab reflects a generally optimistic outlook regarding the company's adaptability and recent growth initiatives, while also acknowl…

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October 15, 2025 Economy by ORANEC

Gold Hits Fresh Record on Fed Rate-Cut Signal, US-China Tensions

(Bloomberg) -- Gold rose to a fresh record, boosted by an escalation in US-China frictions and bets the Federal Reserve will cut interest rates twice more this year.Bullion climbed as much as 1.2% to a peak of $4,193.65 an ounce on Wednesday. Spot silver advanced after a volatile day on Tuesday that saw prices surge to an all-time high above $53.54 an ounce, before tumbling sharply amid signs a historic squeeze is starting to ease.Most Read from BloombergHUD Issues Layoff Notices, Targeting Fair Housing Staff With Deep CutsAffordable Housing Left Vulnerable After Trump Fires Building Inspector…

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October 14, 2025 Economy by ORANEC

Goldman Sachs warns of 'jobless growth' in the US as AI fuels output but not jobs

AI is fueling growth but eroding jobs, pointing to an era of "jobless growth" in the US, Goldman Sachs wrote.Soaring productivity may squeeze workers as companies cut costs to stay efficient.There's at least one benefit to productivity gains: keeping a lid on inflation.The US economy is strong, but America may be entering an era of "jobless growth" because of artificial intelligence, Goldman Sachs wrote in a Monday note."The modest job growth alongside robust GDP growth seen recently is likely to be normal to some degree in the years ahead," analysts at Goldman Sachs wrote.They added that this…

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October 14, 2025 Economy by ORANEC

Japan Stocks Slide, JGBs Volatile Amid Political, Trade Jitters

The front entrance of the Tokyo Stock Exchange.(Bloomberg) -- Stocks declined in Tokyo as another flare-up in US-China trade tensions battered risk appetite, along with the collapse of Japan’s ruling coalition.Most Read from BloombergNewsom Stares Down LA Revolt in New California Housing FightHUD Issues Layoff Notices, Targeting Fair Housing Staff With Deep CutsBillionaire Caruso Says He No Longer Builds in LA Due to PricesMapping a Way Out of the US Housing Affordability CrisisThe Secret to Vancouver’s Public Transit Ridership RecoveryThe Topix Index dropped 2% as of market close on Tuesday, …

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October 14, 2025 Economy by ORANEC

KLA (KLAC): Assessing Valuation After Trade Tensions and Rare Earth Export Restrictions Hit Shares

KLA (KLAC) shares dropped sharply after fresh US tariff threats on Chinese goods and new Chinese restrictions on rare earth exports rattled semiconductor stocks, fueling renewed fears about global supply chain stability and rising costs.See our latest analysis for KLA.KLA's stock has had a rollercoaster week, tumbling 10% in the past seven days as fresh trade tensions rattled the sector, even after notching a 61% share price return year-to-date. This rapid momentum follows strong, AI-fueled demand and several upbeat corporate updates, but the share price remains sensitive to market-wide shifts…

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