The US dollar has experienced 2 consecutive days of 1% declines – something we haven’t seen in years. The declining dollar now drives risk assets such as equities, commodities and emerging market currencies and is in effect a form of
March 18, 2016
Major benchmarks posted significant gains over the past one month led by bullish factors like a strong rally in crude and encouraging economic data. Coming to figures, the Dow, S&P 500 and tech-laden Nasdaq Composite Index gained a respective 6.5%,
The strong Yen continues to weigh on the Nikkei even though other core Asian Indices performed. Minutes from the Jan BOJ meeting were released which showed that additional stimulus were discussed, including the possible expansion of QE. However, having opened unchanged and
The economy is one of the most complex systems that exists in the world. Perhaps even the most complex system. I like to think of the monetary system like a car. There are very specific institutional structures that act as
Ira Epstein leads us through the day’s precious metal highlights. (Video length 00:06:26)
PETALUMA, Calif., March 18, 2016 (GLOBE NEWSWIRE) — Oculus Innovative Sciences, Inc. (NASDAQ: Common Stock – OCLS, Warrants – OCLSW) today announced the pricing of an underwritten public offering of 3,400,000 units, consisting of 3,400,000 shares of common stock, and
Economic Reports Scorecard The economic data calendar has been light the last two weeks but the tone of the data has generally improved. On the whole though I find it hard to discern a big change in the US economy.
The downside from this current US election season, besides being faced with some more repugnant choices than usual, is that the blatant hypocrisy and corruption of our ruling elite is exposed for all to see. I wonder if this will
The Dow turned positive in the year-to-date frame to erase losses incurred since the start of 2016 after five consecutive sessions of gains. After hitting a two-year low on Feb 11, the blue-chip index gained 9.4%, mostly led by a
