If we look at the charts for the major market indices over the last few weeks, you would think we are riding a world-class rollercoaster filled with sharp moves lower, followed by ascents before an eye-opening and white-knuckling fall before recovering in the nick of time.
Last week, we used a well established method of statistical analysis to demonstrate that layoffs were beginning to spread to the states outside of the eight oil-patch states where they had previously been concentrated.
DEAR BRUCE: You often recommend renting over buying a home, saying renting is often cheaper. In my market, Houston, there are no small houses in good repair or in safe areas for under $100,000. Given these conditions, what would you tell a single older person who is currently renting, but worried that rent will continue to rise and eventually be more than she can afford?
Oil dipped below $30 again today. As usual dip buyers or shorts covering pushed the price positive for a while. This time, however, the bounce did not last even one day. Oil is flirting with $29 and Junk Energy-Bond Costs Soar.
Market participants commonly describe the current trend for global interest rates as remaining lower for longer.
Although now long retired, the octogenarian George Soros is widely considered the greatest speculator of all time.
We continue our current series on the most promising exchange-traded funds (ETFs) this year for growth investors by featuring the relatively new and very much in vogue PureFunds ISE Cyber Security ETF (HACK).
Gold is up over 12% in the first five weeks of 2016, while stocks are down 9% in the same time, giving gold a 21% advantage over stocks.
"I've been looking to buy a business for some time now. My college graduate daughter has been out of work and living at home for two years, despite tons of effort and countless rejections, and I thought it might be a good idea for the two of us to own something where I could help her out for a while until she got the hang of things and could manage on her own.
A bloodbath that stated in Europe quickly spilled over into the the US markets today. European bank shares were especially hard hit with Deutsche Bank leading the way.
ABC TV recently aired a two-part program, The Bernie Madoff Story, showing the biggest fraud in Wall Street history. If you missed it, the key lesson is not to expect the Securities and Exchange Commission (SEC) to protect you from scammers.
At the end of the last week of January 2016, stock prices rallied on the news that the Bank of Japan would implement negative interest rates in that country and that the Fed was likely to back off its plans to hike interest rates again before the end of 2016-Q1.
A debate between the inflation doves and hawks in the ECB is underway. We already know the winner: In a speech last week on the Risks of Low Inflation, ECB president Mario Draghi effectively said damn the side effects, more stimulus is coming.
A cold wind blew through the markets Friday and it caused investors once again to head for the exits.
According to new jobless claims, economic distress within the U.S. has spread outside of the oil patch states, as what had been a trend of improvement stoked by falling oil prices has apparently come to a clear end.