When looking back in history, December 23, 2015 may be the date the global trade wars officially began. On that day, as we reported at the time, the U.S. imposed a 256% tariff on Chinese steel imports. It did so
April 1, 2016
In one of the largest financial collapses in recent years, SunEdison (SUNE), valued at $10 billion in July, now prepares for bankruptcy. How do you do that? Cheap money (thank the Fed) and financial engineering (thanks to company wizards who
Below, I have listed a portfolio of ten stocks that will almost certainly double in three years. If I am wrong, it will gain 100% in only two years. But there is a catch. This basket of stocks may have
NEW YORK, April 01, 2016 (GLOBE NEWSWIRE) — Guggenheim Investments today announced that certain closed-end funds have declared their distributions. The table below summarizes the distribution schedule for each closed-end fund (collectively, the “Funds” and each, a “Fund”). The following
The first two months of 2016 were murky for the real estate investment trust (REIT) industry, with soft economic data, weakening corporate earnings outlook, global macroeconomic headwinds and Fed-centric anxieties. Then the madness of March essentially lifted investors’ spirits and
Ira Epstein leads us through the day’s precious metal highlights. (Video length 00:07:26)
April Fools’ Day was a interesting day for the US equity market. Asian markets had a bad day with Japan’s Nikkei plunging 3.55%. The Euro STOXX 50 index fell 1.72%. With an unusually heavy day of economic updates in the
The Non-Farm Payrolls Report this morning was a mixed bag, with enough different kinds of data to provide material for both the hawks and the doves. The dollar initially rose and stocks dumped, in sympathy with global stocks overnight action,
Economic Reports Scorecard The economic reports since the last update present a dichotomy. While there has been an improvement in the surprises – more better than expected reports – the overall tone of the reports has been fairly negative. Part
Gold Stocks enjoyed a fabulous, near vertical rebound into March yet were in extreme overbought territory. We and many others called for a correction. In recent weeks those other voices have worried excessively about the alleged bearish construction of the
