By Mike Larson On June 17, 202003:00 AM Eastern
For every borrower, there’s a lender.
But when discussing interest rate cuts, pundits and policymakers always focus on the benefits to the former ... NOT the costs to the latter.
And guess...
It has been one heck of a volatile few days in the market. Stocks fell sharply, then rallied sharply since early Monday morning amid a flood of conflicting sentiment, economic, and other data.
...
By Jon D. Markman On June 16, 202002:00 PM Eastern
Stocks are swarming higher Tuesday as investors’ spirits were boosted by an unexpectedly strong jump in monthly retail sales even as the head of the Federal Reserve warns of tough times ahead.
...
By Sean Brodrick On June 16, 202001:17 PM Eastern
I can think of many reasons why stocks should go down: Nosebleed valuations, the drag from unemployment and more. And yet, we have to face the fact that the Fed keeps pointing a firehose of money...
By Sean Brodrick On June 16, 202011:35 AM Eastern
Last week, I told you that the FOMC announced it would hold interest rates low for a long time, and how that should be bullish for gold.
Well, while gold spent the rest of the week higher, gold...
By Mike Larson On June 16, 202008:00 AM Eastern
Remember the volatility we started seeing in February?
It’s baaaccckkkk!
Just over the past few days, we saw the Dow Jones Industrial Average plunge more than 1,800 points … then rally more...
By Jon D. Markman On June 16, 202006:28 AM Eastern
Stocks were in a manic mood on Monday as investors balanced news that COVID-19 cases are multiplying, a mini crash in crude oil prices, and an old fashioned “buy the dip” sentiment.
In the end,...
By Jon D. Markman On June 15, 202001:30 PM Eastern
Stocks retreated in early trading on Monday as worries about new COVID-19 cases dented buy-the-dip sentiment to start the new week, while oil prices retreated, sending energy shares into the...
By Tony Sagami On June 15, 202001:22 PM Eastern
Is international travel in your future? If yes, you may soon find yourself battling three to four-hour long check-in lines, temperature screening, disinfection tunnels and in-flight sanitation...
By Martin D. Weiss, Ph.D. On June 15, 202011:10 AM Eastern
We don’t have economic data from the 14th century when the Black Death swept through Asia, Europe and Africa.
We certainly don’t know much about the great floods that struck the Middle East and...