Wells Fargo customers will be able to withdraw cash from any of the bank’s 13,000 ATMs using only their Android phone or iPhone from next week, with no card required.
There are, however, a couple of catches. First, you won’t be able to use your phone to open the security doors that some branches use to protect their ATMs out of hours. Second, for the moment the feature is intended only f... read more
As the euphoria generated by the election of Donald Trump subsides, ebbing away like a strange and fantastic dream, the financial markets are coming to realize that the promises of tax cuts, spending hikes and deregulation are empty. One very tall central banker we know, for example, is no longer worried about his eponymous rule prohibiting bank principal trading being repealed. Thus we all... read more
LONDON, March 22 Gold climbed to a three-week
high on Wednesday as the dollar fell to near six-week lows and
bond yields sank on uncertainty over the economic policies of
U.S. President Donald Trump.
Spot gold was up 0.3 percent at $1,248.68 an ounce by
1453 GMT, close to the session high of $1,250.51.
A lack of concrete policy from the Trump administration is
increa... read more
Mr. Michael Pento serves as the President and founder of Pento Portfolio Strategies. He see's a deflationary collapse. Pento said the bond market would ultimately begin to collapse in his 2013 book titled “The Coming Bond Market Collapse.” He says the collapse has started and will continue to get worse quickly.