The Federal Reserve has raised rates twice in 2017 in a burst of apparent optimism over the American economy.
So why is a Federal Reserve bank President speaking out?
In today’s completely interconnected world, our computers and cellphones — even our banks and financial institutions — are highly vulnerable to next-generation hacking technology. Powerful hacking tools are now so widely available that even novices can wreak havoc, such as the recent “WannaCry” ransomware attack that brought down networks globally.
The Federal Reserve has raised rates twice in 2017 in a burst of apparent optimism over the American economy.
So why is a Federal Reserve bank President speaking out?
How is it that markets can continue to reach record highs, when the fundamentals underpinning them are so poor? If you haven’t considered why, it is long overdue to have a closer look.
A new report, issued by Incrementum AG, an independent European investment and asset management company, calls this current market madness “advanced monetary surrealism.”
Consensus has it: this week’s Federal Open Market Committee (FOMC) meeting will be ushering in another 25-basis-point rate hike for the U.S. At this point, this is no surprise. But some gold watchers think there could be an opportunity here with gold prices.
Many currency experts believe that China, a rising currency powerhouse, could soon take the dollar’s long-held place as the world’s most desirable currency.
The U.S. economy continues to battle storm clouds on every side. Experts were caught off guard last week when a particularly bad data report hit the wires, sending gold prices up for a fourth week in a row. Not surprisingly, the news was about employment. U.S. job growth in May landed well below expectations with … Read more
Far-fetched or not? Some experts believe the U.S. could confiscate IRA assets (now totaling over $7.8 trillion!) and force everyone into a collective government retirement plan.
Short term trends have been favorable to gold in May, with bullion currently near its one-month price peak. TD Waterhouse research says the main drivers include an unexpectedly dovish Fed, a weaker U.S. dollar and rising political uncertainty. “Given the current political circumstances and emerging uncertainty surrounding US rate hikes and broader monetary and fiscal … Read more
Legendary investor Warren Buffett relies on one simple rule to know when stocks are too hot. In pro investing circles, it is known as the “Buffett Indicator.” Buffett himself calls it “the best single measure of where valuations stand at any given moment.” What is the magic indicator? The ratio of total stock market capitalization … Read more
Over the last few days, America has been rocked by the largest cyberattack the world has ever seen: the so-called “WannaCry” virus.
Stocks are trading at nosebleed levels, interest rates are on the rise and signs of a housing bubble abound. This is a perfect time to consider physical gold and silver as the insurance policy you need to weather the coming turbulence. 2017 marks the eighth anniversary of the second longest bull market in history. If … Read more
Former Reagan administration Office of Management and Budget Director David Stockman thinks today’s stock market has reached the point where greed has overtaken logic.