Fed Minutes released from their October meeting didn’t change anything. They’re still determined to raise interest rates slightly while at the same time remaining “data dependent”. What does that mean frankly? Aside from the important employment report released after the
November 18, 2015
Two summers ago, Fortune asked, “Should you buy stock in private companies?” Fortune‘s answer was an emphatic no. The article’s last sentence says it all. “The simplicity of public markets is hard to beat.” At the time, not everybody could invest in
I’ve never done the math, but if I did, I’m confident that Prospect Capital (Nasdaq: PSEC) would be the most requested stock for the Safety Net. Nearly every week, at least one person asks if I can review it. It’s not hard
…or to put it another way, here is what Deutsche Bank (DB) believes are the only two “upside risks” for markets – “a smooth start to Fed tightening” and “eurozone growth surprises to the upside.” Other than that, hope that The
Since October 15, gold, yen and Swiss francs have all been pummeled by what increasingly looks like a “dollar” repeat from the start of Q3. It is difficult to suggest whether there is any shift in safe haven bid in
“And finally, in our progress towards a resumption of work, we require two safeguards against a return of the evils of the old order. There must be a strict supervision of all banking and credits and investments. There must be
News of successful police raids in France set the stage for a morning liftoff for US equity markets that was followed by an afternoon rally on the 2 PM release of Fed minutes paving the way for a December rate
We covered the daily chart earlier. Now for the weekly view, which puts some perspective on the bounce from last week’s losses. This bounce was always going to happen. I thought it might drop to at least the second moving average (around
The silver market will likely face its third consecutive annual physical deficit in 2015, according to the recently released Interim Silver Market Review by Thomson Reuters. A drop in supply due to flat mine production and a spike in demand for silver coins are
What we have freed ourselves of, however, is any genuine consciousness of how we might look to others on this globe. Most Americans are probably unaware of how Washington exercises its global hegemony, since so much of this activity takes
