The U.K.'s vote to leave the European Union has created "headwinds" for the region, minutes from the ECB's first meeting after the referendum said.
Japan’s biggest banks are running out of room to sell their government bond holdings, pushing the central bank closer to the limits of its record monetary easing.
The country's exports have now fallen for 10 consecutive months.
Of course, with the GDP forecast declining and the S&P 500 index rising, the FOMC members voted to keep the nitrous oxide flowing in the economy.
By jobs and per capita growth, it's not much better than Europe or Japan. In some ways, it's worse.
Years after government bailouts, lawsuits but no solutions
Investors have flocked to the metal in recent months, with hedge funds expanding their bullish bets on silver to an all-time high
Michael Steinmann, president and chief executive officer at Pan American Silver, explains why he sees the start of a new bull market for silver
team searching for signs of a Nazi-era train allegedly entombed deep underground has found proof of the tunnel's existence
It has since shot up to 59%, a level we were regularly at from 2011-2012, but is still relatively high from a historical standpoint.
Relative performance trends continue to favor gold and bonds over US stocks.
Michael Lombardi explains why the U.S. dollar could collapse. Here’s the full story.
If technical indicators are to be trusted, then the dollar looks to be on the verge of a prolonged downturn
The current economic condition will end with yet another reset in the financial markets. Prices will not rise forever, and a correction will take hold eventually.
The full 40 minutes interview
Yesterday was the end of some short-lived rallies as stocks fell back from their record highs and the dollar index retreated back to pre-Brexit lows. In the long term, these changes are showing the dollar continues to lose its purchasing power due to central banking’s bad fiscal policy. As the dollar declines, gold prices are likely to respond with upward movements throughout the remainder of the year.
The last time the S&P 500, Dow Jones Industrial Average (DJIA), and NASDAQ closed simultaneously at record highs, each index tumbled for the next 2.5 years: -40.33%, 25.04%, and -75.04%, respectively.
The United States is doing the exact same mistakes as Japan did and the lesson will be the same; stagnation.
It was, unquestionably, the most destructive event in modern monetary history - yet hardly anyone remembers it or knows about it...
August 17, 2016Oil is slamming up against resistance.The odds favor a correction here, probably to the $38-39 area.This, in turn, would drag on stocks. $38 Oil would pull the S&P 500 to the mid-2000s (probably 2,040).At that point it'd be time to reassess the markets. The fact is that this rally has come too far too fast. The odds favor at least a 5% if not a 10% correction here.If you're looking for investment strategies to profit from this, I can help you...