The International Monetary Fund (IMF) recently released the latest numbers for the world economy. And when you measure national economic output in “real” terms of goods and services, China will this year produce $17.6 trillion — compared with $17.4 trillion for the USA.The Chinese economy just overtook the United States economy to become the largest in the…
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TM Editors’ Note: One or more of the stocks discussed in this article is a penny stock and/or microcap. Such stocks are easily manipulated; do your own due diligence. Below is a look at some of the headlines for companies that made news in the healthcare sector on December 4, 2014. Apricus Biosciences, Inc. (Nasdaq:APRI),…
The economic challenges facing Russia, the eighth largest economy (and 2nd most powerful military) in the world, are intensifying. I’ll let the charts speak for themselves. The Ruble is collapsing, hitting new all-time lows against the U.S. Dollar. This is leading to a significant increase in inflation, with prices rising 9.1% over the past year….
So much for the usual Black Friday hype. On Monday – the first full trading day after the Thanksgiving holiday – the NYSE Composite (^NYA) lost 67 points on news that Black Friday holiday sales decreased by 11%. The post-holiday punch didn’t affect all stocks, however. Among those to buck the downward move, Buenaventura Mining…
Once again the internals of the market (advancers vs decliners, new highs vs new lows and trends) triggered a Hindenburg Omen as today’s dump-and-pump on the European close and Draghi ‘mis-characterization and clarification’ headlines left stock green with an hour to go. Then came headlines from Die Welt that appeared to show Draghi has no…
When I was in junior high, my friend Scott had this Billy Crystal tape that we passed back and forth to each other. I still like Billy Crystal, but let’s just say he was truly hilarious when I was 13 back in 1987. He had this routine about old codgers who used to tell you…
“The enormous gap between what US leaders do in the world and what Americans think their leaders are doing is one of the great propaganda accomplishments of the dominant political mythology.” Michael Parenti “O Jerusalem, Jerusalem, who murders its prophets, and stones those sent to preserve her. How often I have wished to gather your children with…
In the great fiscal scheme of things, October 22, 1981 seems like only yesterday. That’s the day the US public debt crossed the $1 trillion mark for the first time. It had taken the nation 74,984 days to get there (205 years). What prompts this reflection is that just a few days ago the national debt breached…
Written by Gary Markets made a sudden spike upward at 12:30 pushing the DOW and SP500 to new historic highs on news of reports that the European Central Bank could be preparing a new stimulus package for its meeting next month. By 4 pm the markets closed in the red with the large caps flat and…
