Bob Bryan October 18, 2016 Inflation tells you a lot about the broader economy, but it can also shine a light on big specific industry trends in the US. Tuesday’s consumer price index number was no different, as it not only showed pricing pressures building in the economy, but also provided insight on the […]
Akin Oyedele Oct 12, 2016 Bank of America Merrill Lynch is joining the chorus of strategists on Wall Street who are warning that the stock market is expensive. Savita Subramanian, an equity strategist at the bank, pointed to the median of the price-to-earnings ratio, which measures whether company stocks are fairly valued in relation to […]
Elena Holodny October 11, 2016 Every now and then it helps to dig through the past. Let’s rewind back to 1920s Germany. Back then the country was stuck in a less-than-ideal economic situation after the suspension of the gold standard and Kaiser Wilhelm II’s failure to pass an income tax to help pay for […]
Akin Oyedele Oct 10, 2016 Crude oil prices rose to their best levels of this year on Monday after more indications that major oil producers are willing to strike a deal on output. The Organisation of Petroleum Exporting Countries (OPEC) agreed at an informal meeting last month to discuss capping output when it holds […]
by Chartlotte Ryan October 4, 2016 The pound tumbled to its lowest level in three decades amid mounting concern the U.K. is heading for a so-called hard Brexit that would restrict access to the European Union’s single market. Sterling exceeded its lows versus the dollar set in the wake of the June 23 referendum and […]
Nathan Lewis , CONTRIBUTOR SEP 29, 2016 Gold, and its brother silver, have always been the basis of money, back to the beginnings of “money,” in the late fourth millennium B.C. Already by 2000 B.C., gold and silver had been “money” for over a thousand years – the entire history of “civilization” on this […]
By Charles Bovaird | September 29, 2016 Gold prices extended losses on Wednesday, September 28 after Federal Reserve Chair Janet Yellen testified before Washington lawmakers. The precious metal suffered these declines after dropping to a one-week low the day before. December gold futures had fallen to as little as $1,321.10 per ounce as of roughly […]
By Jeff Reeves Published: Sept 27, 2016 Gold is risky, but it could pay off big over the next few months I am a big believer in the barbell approach to investing. That is, I have a big portion of my money in sleepy index funds, and buy-and-hold dividend payers and value plays, and a smaller […]
SEP 27, 2016 John Mauldin , CONTRIBUTOR The Fed argues that low rates have worked. The economy emerged from recession. Unemployment drifted back down. “Yay for us,” said the Fed. Don’t buy that statistical economic garbage. The economy recovered in spite of Fed policy, not because of it. The economy recovered because business owners, entrepreneurs, […]
StreetAuthority Network Its value has fallen 98% in the last 113 years. Yet, despite that incredible decline it remains one of the most valuable and sought after assets in the world. I’m talking about the U.S. dollar. Since 1913, the value of the U.S. dollar has fallen more than 98%. This is the reason gold […]