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Fed interest rate rises amid ‘vote of confidence’

Fed interest rate rises amid ‘vote of confidence’

Following a unanimous decision by the Federal Open Market Committee on December 14, the Federal Reserve announced an increase of 0.25 percent in the US federal funds’ interest rate – rising to 0.75 percent. The rate increase was broadly anticipated by commentators and reflects positive momentum in the US economy – with rising inflation and an improving […]
IMF chief on trial in Paris

IMF chief on trial in Paris

On December 12, Christine Lagarde put her responsibilities as president of the International Monetary Fund (IMF) to one side as she faced trial on official charges of ‘negligence by a person in position of public authority’. The charges relate to an arbitrage payment she approved during her time as the finance minister of France – […]
India cuts out cash for online payments

India cuts out cash for online payments

In a world first, Indian citizens have been offered a 10 percent discount on insurance policies, highway tolls and train tickets purchased online. India’s Finance Minister, Arun Jaitley, said the government also plans to waive the service tax for online transactions below 2,000 rupees ($29.70) and introduce a 0.75 percent discount on cashless petrol station purchases. […]
US trade deficit widens 17.5%

US trade deficit widens 17.5%

On December 6, The US Department of Commerce released figures showing a hike in the size of the US trade deficit – its biggest monthly rise for more than one-and-a-half years. Looking forward, there appears to be little hope that the deficit will see a substantial improvement. Growth in consumer spending looks set to maintain […]
Dollar Rallies: Fiscal Stimulus Spending, Rate Hike And Inflation Expectations

Dollar Rallies: Fiscal Stimulus Spending, Rate Hike And Inflation Expectations

The US dollar posted strong gains this week, at one point staying firm above the psychological level of 100, a resistance level that has been breached as the Dollar Index jumped to 101 yesterday. After the initial turmoil of the election outcome just a week ago, the US dollar maintained strong gains, led by market […]
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                        Gold: Caveat Emptor

E Gold: Caveat Emptor

Here is why I’m tentative on holding significant positions in gold, silver, and miners right now. Prices have fallen below all of the key weekly moving averages, and we are still within the timing window for an 8-year cycle drop. The 8-year cycle forces will abate after February of next year. Until then, we need to proceed […]
Dividend Aristocrats In Focus Part 45: Hormel

Dividend Aristocrats In Focus Part 45: Hormel

Hormel (HRL) is a huge food company today, but it started from humble beginnings. In 1891, George A. Hormel established the Geo. A. Hormel & Co. in Austin, Minnesota. The company realized rapid growth, as consumers took a liking to fresh pork products. By 1910, the company was already planning nationwide and international expansion. In […]
Will Trump Pursue, Tolerate, Or Resist US Dollar Strength?

Will Trump Pursue, Tolerate, Or Resist US Dollar Strength?

The US dollar is on a roll, crushing the yen and the euro. But will this last? Here is the view from Deutsche Bank: Here is their view, courtesy of eFXnews: It is possible that a strong USD will be worn by the coming administration as a badge of honor – a signal of global confidence in […]
ParkerVision Continues To Look Strong After Conference Call

ParkerVision Continues To Look Strong After Conference Call

ParkerVision (Nasdaq:PRKR), a Florida-based technology company, released quarterly earnings yesterday. While the stock dipped during yesterday’s session, aggressive investors should view this dip as a buying opportunity to benefit from Parker’s strong patent litigation prospects over the next six months. Business Model ParkerVision designs and develops proprietary technology, radio frequency and other products. PRKR technology […]
EUR/USD And GBP/USD Forecast – Friday, Nov. 18

EUR/USD And GBP/USD Forecast – Friday, Nov. 18

EUR/USD The Euro continues to slide as the Thursday session initially saw buyers enter the market, and then the market roll over completely. It looks like the 1.05 level being tested is all but a foregone conclusion at the moment, but with the overextension of the selling pressure, I prefer to see short-term rallies that […]