This week the House is expected to vote on a balanced budget amendment (BBA), introduced by Bob Goodlatte (R-VA), chairman of the Judiciary Committee. The amendment would require federal budget outlays to equal receipts each year. Subjecting fiscal policy to rules, rather than allowing it to be driven purely by political impulse, would be a good idea,…
I have spoken about the need for proper diversification and asset allocation in the past. However, there is more to asset allocation than many people suspect when it comes to precious metals. It turns out that how you hold gold can be even more important than holding gold depending on the circumstances. The great virtue…
Starting tomorrow, quarterly results from major banks will kick-off the first quarter earnings season. The resurgence of dormant volatility due to trade war tensions, technology industry woes and inflation will certainly drive trading revenues. A tighter rate environment will also boost net interest margins. Banks are the biggest earnings contributors of the Finance sector. The…
On a day when some war fears subside investors are taking a more risk on approach. US markets are getting a buy while metals and treasuries are selling-off. Chris Temple joins me to outline some of the sectors he thinks are the most important and an area to short when the next recession hits. (Audio…
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Constellation, a horizontally-scalable blockchain for consumer-grade applications, is emerging from stealth this week. The team originally formed to build Rakugo, a decentralized content platform project launched on the Ethereum protocol. After realizing the inherent limitations of Ethereum, they pivoted to develop their own DAG protocol that would be more supportive of projects like Rakugo. FelixMittermeier / Pixabay…
Video length: 00:14:35 Stocks move higher today, but does that mean the uptrend has resumed? In this video newsletter update we look at potential catalysts for the market and why more volatility may return. Watch this video right now for a strategy you can use tomorrow to captialize on more volatility potentially returning to the…
There was something odd about the last earnings season: while many companies beat Q4 expectations, few were rewarded by material stock upside, yet companies which missed, or guided lower, were violently punished, falling on average in the high single-digit percent range. According to some, this is an indication of just how priced-to-perfection corporate America has…
It was risk on today as the safe havens were sold and stocks were bid higher. Although it should be noted that they fell off from the highs at the close. Gold and silver were hit, taking back their recent gains, as the Dollar gained back a little ground on its DX index. The catalyst for this…
Top tickers for end of day: BAC, RIGL, FB, NXPI, AAPL.
