The US dollar is beginning the New Year with strong gains against both major and emerging market currencies. The divergence between the US and the other high income countries has been underscored by comments from the BOJ’s Kuroda and ECB’s Draghi. The former discussed other tools that can be brought to bear to achieve the BOJ’s…
The top 10 stocks in the following list are the January picks for the Twitter Top 10 portfolio. I’ll update this post with the December performance numbers sometime after the close on Friday.
Recently, China has been stepping up and making impressive moves. Its GDP, adjusted for purchasing power, is now bigger than the United States. It has been willing to step in and bail out countries on the outs, like Russia. And it has been capable of solving complex geopolitical problems through pure innovation and resourcefulness: Witness its approach to…
<< Read Learning From The Past, Part 1 Photo Credit: PSParrot Happy New Year to all of my readers. May 2015 be an enriching year for you in all ways, not just money. This is a series on learning about investing, using my past mistakes as grist for the mill. I have had my share…
by Brandon Wendell, Online Trading Academy While teaching a Professional Futures Trader course in Kansas City several weeks ago, I was demonstrating a technique that can predict the morning reversal of the S&P 500 Index and the related futures contracts due to arbitrage opportunities. This is a technique that I have used successfully for years when I traded…
<< Read: Variables For An Effective Demand Limit To The Business Cycle Part 1 For those nutty readers that follow the effective demand story that I present on Angry Bear, today, the first day of 2015, marks a breakthrough. I just posted yesterday a model to expand the variables for assessing the effective demand limit upon production. Today…
The EUR/USD pair fell hard during the session on Wednesday, as it testing the 1.12 handle. This is an area where I would expect to see a little bit of support, but quite frankly I think we go down to the 1.20 region first, before possibly finding enough support to start bouncing again with significance. I think…
by James Rickards, Daily Reckoning Today’s investment climate is the most challenging one you have ever faced. At least since the late 1970s, perhaps since the 1930s. This is because inflation and deflation are both possibilities in the near term. Most investors can prepare for one or the other, but preparing for both at the same…
The dollar rose to its highest level in more than five years and U.S. stock-index futures advanced before the release of American factory data. Oil gained with silver, while tin dropped. The Bloomberg Dollar Spot Index strengthened 0.4 percent at 1:30 p.m. in Hong Kong. The yen retreated 0.6 percent and the euro headed for…
QUESTION: 2014 should not have happened, but it did. There’s no way to sugarcoat it: the gold bugs were wrong, Austrian economics was wrong, and the Keynesians were right. And now the sound money community is left trying to figure out what it missed and, crucially, whether the problem was merely one of timing or of…
