Ralph Lauren Corp (RL.N) said on Tuesday it would cut jobs &shutter some office & store locations, including its flagship Polo store on Fifth Avenue, New York City, as part of a cost-cutting plan.
"Anyone that tries to tell you that the U.S. economy is in good shape is simply not being honest with you.”
In 2008, subprime mortgages almost single-handedly took down the entire financial system, & now a new subprime crisis is here.
U.S. stock futures retreat early Tuesday, Investors are also waiting for fresh readings on the U.S. trade deficit and factory orders.
Recent history suggests American automobile sales indicate subsequent moves in U.S. equities. Declines in 2011 and 2012 were followed by a retreat in the S&P 500 index
The head of the IMF has issued a stark warning that living standards will fall around the world unless governments take urgent action to increase productivity
Ford Fusion: down 37 percent. Chevrolet Malibu: down 36 percent. Toyota Prius: down 29 percent.
Many major auto makers reported US sales declines in March compared to a year ago, but Tesla over the weekend said it saw a huge jump in vehicles delivered to consumers in the first three months of the year.
OPEN INTEREST IN SILVER RISES AGAIN TO 216,000 PLUS CONTRACTS AND WE ARE ONLY 7,000 CONTRACTS AWAY FROM RECORD TERRITORY. There is no question that the hedge funds together with […]
We first must send the share markets up dramatically. This will be the FALSE MOVE that makes everyone see that the USA is the only game in town. The market ALWAYS […]
Silver has out performed all other major asset classes for the first quarter of 2017.
In the wake of Donald Trump’s election, the stock market soared. Consumer’s expressed optimism about the future. There was even talk of robust economic growth. But as we’ve moved into the second quarter of 2017, there seems to be cracks forming in this rosy narrative. Despite the optimism, the Federal Reserve Bank of Atlanta’s growth forecast fell off a cliff in March. The latest GDP forecast for Q1 on March 31st came in at a paltry 0.9%.
Chris Powell, Gold Anti-Trust Action Committee, talks about how central bank intervention is the main determinant of gold prices.
Not only did global paper gold trading amount reach a new record in 2016, it surpassed the previous year’s total by nearly 50%.
Having confessed to the fact that Fed "forecasts" are as useless as any other guess (and not commitments)
Here is the summary of how retail investors allocated funds to the market, courtesy of the TrimTabs:
Over the last couple of week's, I have been discussing the value of Shiller's CAPE ratio. The Cyclically Adjusted P/E ratio, or CAPE, is
The bond market has been quiet. Too quiet in fact. That's about to change
A small but growing group of hedge funds are positioning themselves to profit from the collapse of the real estate market. Sounds like 2007, right? It’s actually happening right now.
How do you depress the physical gold price? It’s quite easy… you throw $10 trillion paper dollars at it: