Dear America: Here’s What Egregious Wealth And Income Inequality Looks Like
We’ve spent a lot of time talking about inequality in these pages. This discussion is particularly relevant now for two reasons. the policies adopted by central banks in the wake of the financial crisis have exacerbated inequality Donald Trump’s tax plan, variously pitched as a “middle class miracle”, amounts to little more than a handout […]
5 Best Performing Growth Mutual Funds In 2017
Stocks in the United States kept breaking boundaries in 2017 to register one of the biggest bullish runs in the recent past. Such stellar performances were driven primarily by a slew of strong corporate earnings, hopes of an overhaul of the U.S. tax code and more than 3% growth that the economy achieved for two […]
Can Lachmann’s Arbitrage Save The Austrian Theory Of The Interest Rate?
Written by Philip Pilkington, Fixing the Economists Article of the Week This is the second part of my criticism of Glasner and Zimmerman’s paper. The first part can be found here and should be read and understood before proceeding with the second part. Glasner and Zimmerman note that Ludwig Lachmann tried to rescue Hayek’s theory by introducing market arbitrage. […]
Ripple Price Tumbles Under $3 As Coinbase Denies Inclusion Rumors – A Buy Opportunity?
One of the triggers of the recent Ripple rally has been a potential inclusion in the No. 1 exchange, Coinbase. Reports about beta testing have pushed XRP/USD higher. Coupled with better reasons for a rise: the potential usage of Ripple for transactions between Japanese and other banks, the price reached $3.31 and the market cap surpassed $150 […]
Natural Gas Prices Tumble Off Less Supportive EIA Data And Warmer Weather Trends
Natural gas prices plummeted today, with the prompt month February contract plunging over 4% on the day. This came as the Energy Information Administration announced that for the week ending early last Friday, December 29th, natural gas stockpiles decreased by 209 bcf. That is certainly a sizable withdrawal, as it came in far larger than […]
Chart Analysis – Allahabad Bank
As I have already told you that PSU Banks are looking good for short to medium term given my “BUY” recommendation on “ORIENTAL BANK OF COMMERCE”. Now another setup has come to my mind and that is “ALLAHABAD BANK”. I have done a chart analysis so that you can be able to learn. There is a falling wedge […]
This Chart Shows Why The Stock Market Isn’t Overvalued
Many analysts claim fundamental ratios show that stocks are overpriced. One popular long-term ratio is Dr. Robert Shiller’s cyclically adjusted price-to-earnings ratio, or CAPE ratio. With a recent reading of more than 32, the CAPE is higher than it was before the 2008 market crash. Other ratios are also above their 2008 peaks. But these ratios don’t […]
Anatomy Of A Crypto-Nightmare: Ripple CEO Is Now Richer Than Zuckerberg
Having soared 36,000% last year and continuing its crazy run in 2018… Ripple has surged ahead of Ethereum as the second-largest cryptocurrency by market cap… Bitcoin $246BN Ripple $143BN Ethereum $97BN image courtesy of CoinTelegraph Leaving Mike Novogratz breathlessly berating the craziness..as Ripple’s CEO is now the 5th richest man in the world… total $XRP now worth $380 bn…. […]
