The U.S. dollar has been consolidating for the past couple of weeks, and that phase appears to be coming to an end. Next week’s economic data and events will likely underscore the divergent theme, which works in the dollar’s favor. We do not expect the ECB to announce a sovereign bond purchase program at…
Whether as a result of an unprecedented scare campaign by the Swiss National Bank (most recently reinforced by Citigroup), or due to confidence that Swiss gold is as safe abroad as it is at home, or simply due to good old-fashioned “hanging chads”, today’s most awaited event has come and gone and the result – according to early…
Here’s a summary of some Black Friday sales statistics. I bet you can’t wait for Cyber Monday, as if you won’t get the same deals next Monday. You will find more statistics at Statista
Yes, the word strikes fear in every taxpayer’s heart. Here are the basics. You may know someone who’s been through an IRS audit. You’ve at least heard that it can be a grueling, complex process. But how much do you really know about this potentially-unpleasant procedure? Here’s some of what every business owner should know. …
A little over a year ago, we presented a “Yellow” asset, which was “the best performer of the past year.” It wasn’t gold: it was yellow cab medallions. As we wrote then, “the best returning asset class traded in the NY Metro area is yellow but doesn’t change hands on…
American consumers have more money this year than ever to spend on holiday shopping meaning certain retail stocks will get a big boost in Q4 earnings. Since the recession the likes of Walmart (WMT) and Target (TGT) were the main benefactors of Black Friday mania, but this year this underrated group of stocks will take…
The German economy is the largest within the Eurozone bloc and the wider EU and is often described as the powerhouse of Europe. Whilst unemployment across the EU is very uneven, the German economy has managed to create strong demand for workers. Seasonally adjusted data from Germany’s Federal Statistics Office (FSO) shows that unemployment eased…
Thinking plummeting oil prices are good for the economy is a mistake. They instead, as I said in The Price Of Oil Exposes The True State Of The Economy point out how bad the global economy is doing. QE has been able to inflate stock prices way beyond anything remotely looking fundamental, but energy prices have now…
Consumers await Black Friday months in advance and make plans to be at the head of the crowd at their favorite department store. Some stores open their doors at midnight, others at 6:00 am. For shoppers, it is an opportunity to cash in on the biggest bargains of the year. But for retailers, it is…
After pivoting about five times in 2011, PocketMath co-founder Casey Grooms stumbled upon the concept of real-time bidding by chance at a party. Singapore-based self-serve mobile advertising platform PocketMath announced earlier this week the raising of a US$10 million series A funding round from Rakuten Ventures – what it claims to be one of the largest series A rounds…
