Stocks here in the United States are doing well.
There is so much more to the stock market rally than actions taken by central banks. There is no doubt that a part of the low (and especially negative) yields scenario is to get funds to seek returns, which means greater risk in stocks, resulting in higher share prices, which is in turn is supposed to trigger that so-called wealth effect.
In the run up to the Brexit vote, central banks, politicians, media pundits and the International Monetary Fund warned that a vote by Great Britain to leave the European Union would lead to economic disaster. The United States Federal Reserve, in part due to the upcoming Brexit vote, called off the possibility of a rate hike.
Nearly a month ago, we presented our "most likely" prediction for how the U.S. Bureau of Economic Analysis will revise the U.S.' Real Gross Domestic Product on Friday, 29 July 2016.
The United States recently notified its dealers that it would begin dealer distribution of 2016 one ounce American Eagle Platinum Bullion coins to meet public demand.
So far Ive written broadly about investments. Now Im going to start moving into articles about how to allocate the money you have into a long-term diversified portfolio.
DEAR BRUCE: We own a rental property in Florida that we bought at the top of the market for $250,000. The current loan balance is $171,000 at 6.875 percent. The property is now worth about $130,000. The monthly payment is $1,313 and rents are $1,500.
It wasnt pretty and it certainly lacked a bang, considering the news backdrop might have been appropriate; the Dow Jones Industrial Average finished at a new all-time high for the sixth consecutive session in a row and that hasnt happened since 1998.
Indian silver demand has fallen nearly 40% in 2016 from 2015, but is on pace to consume about 20% of the annual silver mining supply or the equivalent of the entire silver mining output of Mexico, the worlds largest silver mining country.
Dear Carrie, I'm turning 65 in a few months, and I am still working. I have no immediate plans to retire, but I'm wondering what I should be thinking about as I navigate through this transitional time over the next few years. --A Reader
In a recent GMO commentary on Immigration and Brexit, founder Jeremy Grantham laid out precise reasons why Brexit was a mathematical certainty eventually.
The second week of July 2016 was one of those rare weeks when our futures-based model for projecting the future closing value of the S&P 500 was very nearly dead on target for every day of the week, as long as you recognize that target was fixed by investors focusing on the second quarter of 2017 (2017-Q2) in making their current day investment decisions.
DEAR BRUCE: Last Thanksgiving, I stopped at the Virgin America kiosk and swiped my credit card to print my boarding pass at the airport. I received two printed tickets. One of them was for another person on another flight at a later time.
The old saying just what the doctor ordered came to mind when the prevailing uncertainties surrounding Brexit, the elections, negative interest rates, deflationary pressures and wild currency price swings were confronted last week with a key data point that has come in much better than expected.