Small Business Survey Says…
Aug 14, 2018
Jeremy Parkinson
Finance
Earlier today the NFIB released its monthly reading on small business sentiment. Small business sentiment hit its highest level since 1983 in July. In addition to its main sentiment indicator, NFIB also asks survey takers what their number one problem is as a small business owner. Below is a chart showing the results from this question going […]
Hyperinflation Has Destroyed Venezuela
Aug 14, 2018
Jeremy Parkinson
Finance, No picture
Has coffee become an unattainable luxury? It is if you live in Venezuela’s capital of Caracas. In July, the price of a cup of coffee was 2 million bolivars. In a country where the minimum wage has been raised to 3 million bolivars, coffee has become as unaffordable as food, housing, clothing, and medicine. Venezuela is in […]
5 Of Today’s Biggest Marijuana Stock Gainers – Tuesday, August 14
Aug 14, 2018
Jeremy Parkinson
Finance, No picture
Out of over 200+ marijuana stocks, here are 5 of the biggest marijuana stock winners in trading on Tuesday, August 14th including CV Sciences, Inc. (OTC: CVSI) and more… Bang Holdings Corp. (OTC: BXNG) Shares of Bang Holdings Corp. rose 54.90% on higher than the average trading volume on the OTC markets, closing the day at $0.474 USD per share. Recently, Bang Holdings announced that the […]
Trump’s Trade Deal With The EU Is Hardly A Breakthrough
Aug 14, 2018
Jeremy Parkinson
Finance
President Donald Trump is out on the hustings telling voters he is accomplishing great things. The economy is growing faster and creating more jobs but the deals with North Korea and the European Union he touts don’t ring true. The Chinese and Russians are apparently helping North Korea evade sanctions and it has not slowed its missile program. U.S.-EU trade […]
Pension Crisis On The Horizon
Aug 14, 2018
Jeremy Parkinson
Finance
We’ve often discussed problems facing state pension systems, but now we’re seeing the makings of a crisis forming over unfunded liabilities and state pension systems. This time on the Financial Sense Lifetime Income Series, Jim Puplava discusses what he sees as a coming tsunami of pension problems for retirees. Perfect Storm Brewing This analogy of a […]
Metals Under Pressure, Will The Fed React?
Aug 14, 2018
Jeremy Parkinson
Finance, No picture
Chris Temple joins me this morning to recap the market moves to start the week and take a step back to look at the big picture. With the rest of the world’s markets struggling and money continuing to flow into the US will the Fed get in front of it or wait until international events […]
The 3 Hottest Insider Trading Stocks Right Now
Aug 14, 2018
Jeremy Parkinson
Finance
Here we cross-referenced the latest insider transactions with the Street’s outlook. In other words, all the three stocks covered below have seen big insider buying, and hold a ‘Strong Buy’ consensus from the Street. Let’s see why these 3 stocks are buzzing right now: 1. Kratos Defense (Nasdaq:KTOS) First up: specialized national security company Kratos Defense […]
Why Turkey’s Bubble Economy Is About To Pop
Aug 14, 2018
Jeremy Parkinson
Finance
Though Turkey’s financial markets have been struggling since the start of this year, the country’s currency and government bonds have been in an all-out freefall in the past week. A political clash with the United States caused the lira to lose approximately one-third of its value against the U.S. dollar in the last week alone. In an […]
Gladstone Investment Corporation Launches New Series E Term Preferred Stock Offering
Aug 14, 2018
Jeremy Parkinson
Finance
MCLEAN, Va., Aug. 14, 2018 (GLOBE NEWSWIRE) — Gladstone Investment Corporation (Nasdaq: GAIN) (the “Company”) today announced that it plans to sell shares of its newly designated Series E Cumulative Term Preferred Stock due 2025 (the “Series E Term Preferred Stock”) in an underwritten public offering. The aggregate public offering price, dividend yield and other […]
British Manufacturing Slumps As Bank Of England Raises Interest Rates
Aug 14, 2018
Jeremy Parkinson
Finance
On August 2nd, the Bank of England announced that its Monetary Policy Committee had unanimously voted to raise interest rates. This recent decision by Britain’s central bank saw its key ‘base rate’ of interest rise for only the second time since the 2007/8 crash. The 25 basis point hike brought the base rate up to […]