EC IEP Offers A 12% Yield And Trades At A Four-Year Low, But Is It Safe?
One investing school of thought is that you should find an amazing investor and ride his or her coat tails to fun and profit. This certainly worked out well for those who bet on history’s greatest investor, Warren Buffett, by investing in Berkshire Hathaway (BRK-A, BRK-B). You can view Buffett’s high dividend stock portfolio here. After […]
Buying American, Losing America
Recently, President Trump traveled to Wisconsin to sign the “Buy American, Hire American” executive order, which seeks to crack down on fraud and abuse of the skilled worker (H-1B) visa program. Then, he traveled to Kenosha, Wisconsin, to sign the second part of the order, which calls for US government agencies to give preference to […]
Delaying The Fiduciary Rule = A Dumb Move
As you may have heard, the fiduciary rule that was scheduled to be established by the Department of Labor (DOL) on April 10th of this year, has been delayed out by a month or two after all. A few weeks ago, I discussed the basics of the rule and why it is so important for the […]
ECB Preview: Seeing The Glass Half Full? 3 Scenarios
The European Central Bank is not expected to change its policy at the April 2017 meeting. Nevertheless, the ECB always moves markets and this event will not be different. The key is the tone in Mario Draghi’s press conference. And the main yet unspoken driver of optimism is the result in the first round of the […]
Gold Prices Drop As Markets Set Sights On Trump Tax Plan
Gold prices sank as firming risk appetite sapped haven demand for Treasury bonds and drove yields higher. Investors’ chipper mood also echoed into US monetary policy expectations, with the 2017 rate hike path implied in Fed Funds futures now at its steepest in three weeks. Not surprisingly, this proved damaging for non-interest-bearing assets. The Euro marched higher alongside […]
Precious Metals Technical Outlook: Gold & Silver Retracement Underway
As noted in our previous report last week, we warned that Gold and Silver are very close to sparking a correction to the downside, after few weeks of significant gains. Gold and Silver posted a new high for this year, reaching the highest level since October of last year, and tested major resistance areas, which […]
Indian Indices Trade Near Record Highs; Auto Stocks Lead Gains
After opening the day on a positive note, share markets in India have continued the momentum and are trading near their record high levels. Sectoral indices are trading on a mixed note, with stocks in the auto sector and the FMCG sector witnessing maximum buying interest. Stocks in the IT and the telecom sector are trading in the red. The BSE Sensex is trading up by 155 […]
UK Retail Sales In Strong Decline
To quote Bill Clinton, “It’s the economy, stupid…”. There has been much speculation about Theresa May’s motivation for calling a general election three years early, when she has an absolute majority of 12 in the Commons and when her Brexit legislation (so far) has gone through parliament unscathed. Opinions vary with some claiming that she […]
Amazon-Proof: The Blueprint For Surviving The Retail Apocalypse
We all know that Amazon Inc. (AMZN) has completely disrupted the retail space. With more consumers doing much of their shopping online — many retail companies are living on borrowed time. Especially when you consider that almost half of U.S. households are now Amazon Prime subscribers, according to a report from Consumer Intelligence Research Partners. […]
A Rising (Central Bank) Tide Turns Everyone Into A Genius
Until the system implodes–you’re a genius. So you’ve ridden the markets higher–stocks, housing, commercial real estate, bat guano, quatloos, you name it–everything you touch turns to gold. What can we say, bucko, other than you’re a genius! It’s a market truism that rising tides lift all boats. But that’s not the really important effect; what really matters […]
