Interest rates on deposits at banks, and even credit unions, are so low as to hardly be worth the bother. Bank profitability is up, the FDIC reported, and some banks are increasing their dividends. So why aren’t they paying more on deposits? Banks make most of their profits by taking in deposits, lending the money out […]

The unwinding of the Federal Reserve’s balance sheet, improving jobs numbers and increasing wage demand have convinced most economists that higher interest rates are in our future. On the surface, this seems like a good thing for retired persons who, for the past nine years, have earned next to nothing from their preferred investments – […]

Abbott (ABT – Free Report) is an Illinois-based company focused on bringing a diverse line of healthcare products to the market. Abbott Labs reports its diversified business in four segments – namely Established Pharmaceuticals Division (EPD), Medical Devices, Diagnostics and Nutrition. The company has reshaped its portfolio through strategic acquisitions/divestitures in recent times. It has also been taking […]

Good day traders! Let’s look at gold and german dax. Gold is unfolding a bearish reversal away from the highs, where we labeled end of wave B. Current five-wave drop now indicates more weakness to follow, but after a pullback takes place (we are talking about wave ii). That said, blue wave one can be […]

This is the final post in a four-part blog series addressing the attacks on smart beta and exchange-traded funds (ETFs). Today we touch on the argument that asset classes such as emerging markets, which typically have a liquidity fear hanging over them in crises, will see exacerbated downside in the next crisis because of the presence of ETFs in the system. […]