Investors are celebrating what appears to be another reassuring signal from the US economy. The latest jobs report has delivered figures that surpassed expectations. The economy added 147,000 jobs in June, comfortably exceeding the forecast of 111,000. The unemployment rate fell to 4.1 per cent, below the anticipated 4.3 per cent. Furthermore, job numbers for […]
A decade ago, Gillian Tett asked to see the gold vault at the New York Fed. She was politely but firmly told no. In her recent article for the Financial Times, she reflects on that moment and the deeper meaning behind the refusal. Back then, silence really was golden. These vaults, dug deep into Manhattan […]
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