Australian Banks Win Behind The Curtain?
The Australian Government is extremely left wing even among the Conservatives. Nevertheless, the Australian budget for 2015 has been leaking out little by little and the reaction to taxing savings was now well received publicly or behind the curtain. This time the Australian banks rose up and warned they would lose all standing in world commerce. The proposal to […]
Bank Of England Trims U.K. Economic Forecasts
During its most recent meeting, the Bank of England left its key interest rate unchanged at 0.5%. It has been at this level since March 2009 and seems set to remain anchored to this figure until next summer, based on comments made by the Governor of the Bank of England, Mark Carney. The Bank has […]
Gold And Interest Rates
How many times I have read gold sector gurus working gold-bearish promotions talk about a “strong dollar” and “rising interest rates” as being bearish for gold. Transfixing certain among the gold “community” with authoritative words about gold’s drivers, they keep ’em transfixed. Some attained reputations by having been touted by ‘Mr. Gold’, Jim Sinclair and […]
International Dividend Momentum Is All About Emerging Markets
Income investors have known this day would come eventually – just as you shift all of your focus to U.S.-based markets where the momentum was strongest, the tide turns to overseas strength. Emerging markets in particular have been a well-documented story of “great fundamental theme, awful price action”. Nevertheless, the tide has turned this year […]
Dollar Extends Losses As Economic Angst Deepens
The combination of the disappointing US retail sales and small inventory build has encouraged a new bout of dollar selling. The world’s biggest economy may have contracted close to 1% in Q1 and Q2 is off to a weak start. Retail sales have fallen or been flat in four of the past five months. We also […]
EC Guide To Guru ETF Investing
While the U.S. stock market hit multiple highs yet again early this quarter, investors lost hope on bouts of volatility and heightened uncertainty. A slew of weak economic data, soft corporate earnings, and the reemergence of the Greek default drama softened investors’ sentiment, leading to concerns over a slowdown in the U.S. economy. Further, the […]
It’s Only Fair To Tax The Wealthy, Obama Says: “They Are Society’s Lottery Winners”
In yet another attempt to stoke the wealth divide that he, and the Federal Reserve have created and pushed to French revolution levels, yesterday Barack Obama had some more comments about the uberwealthy, the same uber wealthy who are shoveling hundreds of millions of dollars in “speaking fees” and other contributions into the charity of that other Democratic […]
Grexit Or Not: Uncertainty Lies Ahead For Greece And European Union
Whether Greece is able to avoid an exit from the European Union or not, it will still have many problems to avoid and resolve as its times. Stratfor’s Ben Sheen, Senior Managing Editor, discusses Greece’s future political and economic landscape with Europe Analyst, Adriano Bosoni. Video Length: 00:06:45
Yellen Is Half Right About The Market
Stocks too expensive? Peter Schiff on markets. Video Length: 00:10:37
EUR/USD Trying To Break The Massive Barrier
The EUR/USD pair initially fell during the day on Wednesday, but as you can see rose later in the day to test the 1.14 handle. Because of this, I am starting to believe that the breakout is imminent, and essentially what we are doing is waiting to see whether or not we can build up […]
