Ethereum Explodes Above $30, Soars 35% In Past 24 Hours

Ethereum Explodes Above $30, Soars 35% In Past 24 Hours

While much of the media and public attention has been understandably focused on Bitcoin in recent months, a far more dramatic move has taken place in Bitcoin’s less popular peer, Ethereum. To be sure, one month ago, when we noticed the first tangible move higher in ETH since last summer’s dramatic plunge following a highly […]
The Problem With India’s Entrepreneurs

The Problem With India’s Entrepreneurs

India is a much more entrepreneurial society than the United States. That may seem surprising since India is poor and we typically associate entrepreneurship with being rich, but it’s clearly true. Everyone here is on the make and open to opportunity. You need to hire someone to fix your wifi or repair a bicycle or […]
Meaningless Monday Market Movement – Waiting On The Fed

Meaningless Monday Market Movement – Waiting On The Fed

Fed meeting on Wednesday. Trump didn’t do anything too crazy over the weekend (but Turkey did), so we haven’t got much to do while we wait for the Fed to officially raise rates 0.25%.  Oil’s fall is calling a big stir in the news but it’s hardly news to us as we were shorting it all the […]
The Global Debt Is Ready To Explode?

The Global Debt Is Ready To Explode?

According to the International Monetary Fund, global debt has grown to a staggering grand total of 152 trillion dollars. Other estimates put that figure closer to 200 trillion dollars, but for the purposes of this article let’s use the more conservative number. If you take 152 trillion dollars and divide it by the seven billion people living […]
EUR/USD: Bounce Could Hit 1.08 But A Decisive Break Above 1.08-1.09 Not Expected

EUR/USD: Bounce Could Hit 1.08 But A Decisive Break Above 1.08-1.09 Not Expected

EUR/USD made a move to the upside, topping the 1.07 temporarily. ECB related events are behind the move.  What’s next? The team at NAB has some doubts. Here is their view, courtesy of eFXnews: The EUR has been holding its own in the face of Fed-speak-inspired USD gains, thanks to a re-pricing of ECB policy following last […]
Le Pen-ization Of France

Le Pen-ization Of France

In France, President Hollande’s utter failure to foster broad consensus for structural reforms has paved the way for the most contested election in decades. While public debate focuses on the 2nd round winner, the real story is that Marine Le Pen’s agenda has already shifted the French political landscape. In recent polls, the French presidential […]
The Bull Market Just Turned Eight. What Now?

The Bull Market Just Turned Eight. What Now?

Eight years ago last week, President Barack Obama gave investors a surprisingly hot trading tip. In office less than two months, he commented that we were at “the point where buying stocks is a potentially good deal if you’ve got a long-term perspective.” Obama couldn’t have known then how accurate his call was. The market […]
Noonan: What Money Is (Reality) & What It Isn’t (Fiction)

Noonan: What Money Is (Reality) & What It Isn’t (Fiction)

Written by Michael Noonan (Michael Noonan) This article is a brief, but totally accurate, description of what money is. People prefer to believe in the lie, that… Federal Reserve Notes (debt instruments) are real money and accept as such.Fiction takes precedence over reality. There is only one form of money…and that form is in gold and silver. […]
Oil Prices Volatility May Drive Expanded Equities Volatility

Oil Prices Volatility May Drive Expanded Equities Volatility

Last weeks move in Crude Oil, down over 8.8% was triggered by new “Record High” US inventory data and news that OPEC production cuts are near 85% compliance have prompted a breakdown. We have been expecting a breakout move for a few weeks and suspected production would outpace demand, as it has been for many […]
Preferred Stock ETFs Face New Test

Preferred Stock ETFs Face New Test

Preferred stocks offer the distinction of being unique hybrid instruments with qualities of both stocks and bonds.In that manner, they offer healthy dividend yields alongside a favored position in the capital structure of many companies that issue these securities. The reason company’s issue preferred shares are to raise capital from investors that are seeking an […]