Globalist Bankers Send Deliberately Mixed Message
During a high-level meeting in Jackson Hole, Wyoming, a week and a half ago, U.S. Federal Reserve Chair Janet Yellen gave the mainstream media the sound bite they were looking for. The economy (in her mind) was chugging along, and the labor market was for many months...
Not Everything in the Stock Market is Bad
With a slight 0.2% loss on Friday, the benchmark S&P 500 index capped off another week of flat returns. In fact, over the trailing 30 days, the index is down exactly one-hundredth of a percent. That’s the kind of news that no trader — whether bullish...
Disastrous Olympics TV Coverage a Boon for Digital Media
If you’re like millions of Americans, you tuned in Sunday night to watch the closing ceremony of the vibrant, but trouble-plagued Rio Olympics. The games were well-mired in controversy before athletes started to pour in, with issues such as crime, the Zika...
Looking Beyond The Jobs Report Circus
Although the data sourcing is much criticized, the official story remains the same — the labor market, despite some concerns, is trending upward. The latest release from the U.S. Department of Labor confirms this mainstream assessment. The economy added 255,000...
Did The Summer Stock Market Rally Just Fizzle Out?
The irony probably isn’t lost on Wall Street. At a time when we are experiencing record heat waves across the country, one of the hottest indicators right now is the stock market. Despite very questionable fundamentals, and domestic and geopolitical tensions...
The Higher The Rise, The Harder The Fall
Never has the market looked so strong, and yet so weak. The benchmark S&P 500 is now up nearly 6% year-to-date, which, if the trend continues, forecasts double-digit returns for 2016. A much more positive-than-expected jobs report also lends support to the bullish...
Silver Just Did Something Not Seen in Past Four Years
With Brexit rocking international markets, the long-embattled precious metal sector is now seeing what many investors have been waiting for — an honest-to-goodness recovery. Commonly cited benchmarks SPDR Gold Trust (ETF) (NYSEARCA:GLD) and iShares Silver Trust...
Will Brexit Signal The End of Globalization?
It’s a heady call, to be sure. In just over a week since the U.K. voted to leave the European Union, proponents of globalization are doing whatever they can to reverse the will of the British people. The only certainty regarding Brexit is that the issue will be...
Why Brexit? “It’s The Economy, Stupid!”
Wall Street insiders and elite analysts that were caught off-guard by Brexit should re-examine one of the memorable phrases to come out of former U.S. President Bill Clinton’s campaign to unseat George H.W. Bush. Though the senior Bush thought he had the support...
