When gold goes down or stays flat, nobody in the mainstream press wants to talk about it. It’s only when the gold price breaks out, especially if it’s through a round number like $2,000, that the pundits suddenly take an interest in the yellow metal. Now, CNBC is...
The Federal Reserve is done hiking interest rates and will definitely flip to rate cuts in next year’s first half – or at least, that’s what the market has assumed and priced into large-cap stocks. Now, the burden falls upon the stock buyers to justify their optimism....
As the Federal Reserve and Treasury Secretary continue to deny that a recession ever happened, many retail investors assume that the worst is behind them and 2024 will be an easy year of stock market gains. That assumption could cost unwary stock traders a whole lot...
Given the rip-roaring S&P 500 rally over the past several weeks, it appears that the market has already declared “mission accomplished” and loaded up on stocks for the holidays. Their holiday spirits might get crushed soon, however, as the rally is as vulnerable...
Holiday Debt Bomb Ticking: Think “Black Monday,” Not “Black Friday” Like an overeager neighbor who puts up his front-lawn Christmas lights in September, the market is too early and too eager in celebrating an apparent victory over inflation. In contrast, prudent...
If 16-year-old Swedish climate activist Greta Thunberg’s predictions had been true, our homes should have been powered by wind farms and our roadways ought to have been filled with electric vehicles by now. As it turns out, phasing out fossil fuels wasn’t so easy....