Sam Bourgi

315 posts
Financial Editor to CCN Markets, Sam Bourgi has spent the past nine years focused on economics, markets and cryptocurrencies. His work has been featured in and cited by some of the world's leading newscasts, including Barron's, CBOE and Forbes. Avid crypto watchers and those with a libertarian persuasion can follow him on twitter at @hsbourgi. Sam is based in Ontario, Canada and can be contacted at sam.bourgi@ccn.com
US stock market

Treasury Yields are Falling Again While Dow Ignores the Risks

U.S. Treasury yields extend their slide on Thursday; 10-year yield hits 1.82%.…
Fed Chair Jerome Powell

Jerome Powell Says the Federal Deficit Is “Unsustainable” Even as Fed Policy Stokes Record Surge in Household Borrowing

Fed Chair Jerome Powell sounds the alarm on U.S. federal debt. The…
December gold futures

Gold Price Bounces Off 3-Month Low: 2 Reasons Why

Gold futures rose by as much as $23 on Wednesday, erasing much…
US stock market

Stock Market Bubble to Grow Bigger as S&P 500 Targets 3,850, According to Bank of America

For U.S. stocks, overvaluation risks have lingered ever since President Trump won…
gold futures

Gold Price Desperately Clings to $1,450 Ahead of Fed’s Powell Testimony

Gold futures fell on Monday to their lowest levels since early August.…
Peter Navarro, Trump assistant

Dow Plunges at the Open Following Navarro’s Tariff Bombshell

The Dow Jones Industrial Average opens sharply lower on Monday. Peter Navarro,…
US Stock Market

The “Scary Recession Warning” CNBC Says Is Gone Will Be Back Very Soon

A CNBC article claims that the bond market’s “scary recession warning” has…
Futures market trader

Gold Suffers Worst Crash in 3 Years Because Investors Ignored One Crucial Fact

Gold price suffers worst weekly drop in three years as investors tilt…
US bond market

Treasury Yields Post Biggest Rally in Three Years as Red-Hot Dow Blazes New Record

10-year Treasury yield approaches 2% for the first time since July.  The…
US housing market

Fannie Mae Accidentally Spills the Beans on the Impending Housing Market Crash

Fannie Mae’s home purchase sentiment index declined 2.7 points in October. A…
Gold bullion price

Gold’s Flash Crash Gives Rise to Buyers After China Pushes Back on Tariffs

Gold recovers after posting its biggest fall in over a month. China…
US stock market

As Dow Futures Fizzle, America’s ‘Growth Recession’ May Actually Prolong the Bull Market

Futures on the Dow and S&P 500 edge slightly lower in overnight…
VeChain (VET) price

VeChain (VET) Smashes 3-Month High With Stunning 14% Surge as Broader Cryptocurrency Market Stands Still

VeChain (VET) approaches $0.005 on Tuesday for the first time since Aug.…
Gold price, gold bullion

Gold Price Rips Lower After Massive Selloff as Dollar Spikes, Dow Hovers Near All-Time High

Gold plunged 1.5% on Tuesday as risk-off assets suffered. U.S. services PMI…
Singapore emerging economy

Wall Street’s Lost Decade Could Be Emerging Asia’s to Reap

Portfolios with exposure to U.S. stocks and bonds could be heading for…
Commerce Secretary Wilbur Ross

Treasury Yields Spike with the Dow After Wilbur Ross Dangles Trade Deal

U.S. Commerce Secretary Wilbur Ross says he’s “quite optimistic” about a trade…
Auto tariffs

Trump’s Looming Auto Tariffs Threaten to Bulldoze Struggling Car Industry – and the Economy

The White House has until Nov. 13 to decide whether to slap…
US manufacturing

Treasury Yields Rebound from Two-Week Lows Despite Manufacturing’s Deep Recession

U.S. government debt yields recovered on Friday as bond prices fell. The…
GM work stoppage

U.S. Treasury Yields Plunge Ahead of What’s Expected to Be a Disastrous Nonfarm Payrolls Report

U.S. government debt yields tumbled on Thursday, as demand for Treasurys rose…
Gold bullion

Gold Price Smashes Five-Week Highs amid Dow Bloodbath

The price of gold surged to more than five-week highs on Wednesday.…
Fed Chair Jerome Powell

Federal Reserve Capitulation Continues as FOMC Slashes Interest Rates to Prop Up Sinking Economy

The Federal Reserve lowered its benchmark interest rate by 25 basis points…
Donald Trump, Xi Jinping

U.S.-China ‘Phase One’ Trade Deal in Limbo After Chile Cancels Summit Headlined by Trump, Xi

Chile cancels APEC summit over ongoing protests. President Trump and China’s Xi…
US dollar index

U.S. Dollar Still the Cleanest Shirt in the Dirty Laundry of Fiat Money

Since hitting three-month lows in mid-October, the U.S. dollar has appreciated 1.4%.…
Boeing CEO Dennis Muilenburg

Boeing (BA) Stock Is Preventing Dow from Liftoff as Congress Blasts CEO for Reckless Safety Standards

Boeing shares rose on Monday, but are down sharply this year. At…
US-China trade deal

Treasury Yields Surge to Five-Week Highs as U.S., China Push to Formalize Trade Deal

Demand for haven assets declined on Monday, pushing bond prices down and…