In one of the most long-awaited interest rate hikes in history, overnight, the US Federal Reserve bumped up the Fed funds rate by 25 basis points.
With some of the nation’s most successful moneymen at his side, many people are betting Trump will bring a sustained boom.
Given China’s economic growth is relatively healthy, you have to ask why capital isn’t interested in hanging around.
In this series, we are describing how crony capitalism works. The cronies don’t break the law; instead, they make the law.
Sears is running out of time and money. It had $1.8 billion in the till a year ago. Now it has only $238 million. And $3 billion in debt.
Over the long term, stocks have gone up. That’s why we figure it’s wrong to obsess about crashing stocks. That doesn’t mean you should ignore the potential.
Think you’re going to change this system by voting for Hillary or Trump, Democrat or Republican? Maybe, but there’s no evidence of it in the CFR.
If the Aussie market continues to rebound, more investors will begin to look elsewhere. When they do, they’ll find that small-caps offer a lot of promise.
It is almost as though they never intended to win. They know that the longer the war goes on, the more money flows into the swamp…and stays there.
Debt is a drag on growth. Money that could once have been spent in the economy is being diverted to principal and interest payments.
Investors have bought up all the big-cap stocks as world markets recovered. Meanwhile, they’ve so far ignored the market’s tiny stocks.
The middle class got lower wages and more debt. The system is rigged in favour of the Establishment that runs it. Voters couldn’t sort out exactly how…
Election trading strategies ran into a pair of billion-dollar buzz saws, wielded by legendary stock trader Carl Icahn and hedge fund man Stan Druckenmiller.