Category Archive: Entertainment
Currency Wars Take The Spotlight As Stock Investors Must Gauge Which News Is Relevant
Much ado was made of China’s surprise 3% devaluation of their currency last week. But keep in mind, the yuan is pegged to the dollar, and with the dollar so strong, every major floating currency and commodity is down a lot more than that. Deflation is now a real threat. Then, there is the suddenly […]
The Dollar Rally – From The Japanese Perspective
The Japanese yen has peaked against the dollar. The dollar in fact elected a yearly bullish reversal at the end of 2014. This is yet another confirmation that we are facing a strong dollar ahead ushering in this age of deflation, which should start to hit in the USA after October. This is impacting everything not the least […]
How The Wall Street Ponzi Works – The Stock Pumping Swindle Behind Four Retail Zombies
In the nearby column Jim Quinn debunks Wall Street’s latest claim that the American consumer is bounding back. He points out that on an inflation-adjusted basis retail sales are still barely higher than the were a year ago, and, for that matter, are only 4% higher in real terms than they were way back in November 2007. That’s right. Nearly eight years […]
82% Of Economists Expect September Rate Hike… It’s Not Such A Sure Thing
As we get closer and closer to the month of September, the discussions with regard to the Federal Reserve’s interest rate is coming up more and more. While no one knows exactly when the Fed is going to raise rates, we’ve seen quite a few predictions recently. As a matter of fact, a recent Fortune poll shows […]
Gold Ends Week Above $1110
Gold prices settled at $1115.06 per ounce, gaining nearly 1.9% over the course of the week, as increasing demand for protection against volatility in global equities markets lured some buyers back into the market. Gold had enjoyed a bounce earlier in the week, following the turmoil caused by Beijing’s surprising actions, but dented some of […]
3 Investing Tips For Millennials
An April survey from Bankrate.com found that just 26% of Americans under 30 are invested in the stock market. Heavy student debt is one obvious reason, but there are other factors, as well. The financial crises of the last decade have given millennials the impression that Wall Street isn’t exactly honest and that investing is best left […]
EU Session Bullet Report – USD Recovers, EUR In Neutral Zone
USD Recovers, EUR in neutral Zone The USD is slowly recovering from its slide last week, following the news that china was devaluing its currency. Although the probability of the FED increasing rates in September wasn’t helped by the mixed data on Friday, it seems that optimism has returned in favor of this scenario. EURUSD […]
Asian Currency Crisis Continues As China Holds, Malaysia Folds, & Japan Heads For Quintuple Dip Recession
Asia got off to an inauspicious start this evening with Japan printing a disappointing 1.6% drop in GDP – heading for its fifth recession in 6 years… so much for Abenomics, but, of course, Amari spewed forth some standard propaganda that he expects Japan to recover moderately (and Japanese stocks popped modestly assuming moar QQE). Then Malaysia […]
The Fraud Of The New “Family-Friendly” Work
Netflix (Nasdaq: NFLX) announced it’s offering paid leave for new mothers and fathers for the first year after the birth of adoption of a child. Other high-tech firms are close behind. Some big law firms are also getting into the act. Orrick, Herrington & Sutcliffe is offering 22 paid weeks off for both male and female attorneys. […]
Blowout In Some Corporate Bond Spreads; Bond Funds Post 3rd Week Of Outflows
Bond Funds Post 3rd Week of Outflows Reuters reports High-yield, Investment-Grade Funds Post Third Week of Outflows. U.S-based high-yield bond funds reported $1.2 billion in outflows, while U.S.-based investment-grade corporate bond funds posted their biggest cash withdrawals since June 2013, at $1.8 billion, data from Thomson Reuters’ Lipper service showed on Thursday. The latest figures, for […]
