Precious metals and the stock market have recently moved in a similar fashion, often in reaction to announcements regarding Quantitative Easing. The similarities end there... and the "smart money" knows it. What exactly does the "smart money" know? Find out in this week's Market Update.
The controversy over who will be the next Federal Reserve Chair just took a surprising turn. Widely considered to be the frontrunner and President Obama’s clear favorite for the job, Larry Summers has withdrawn his name from consideration in a shock move Sunday. How may the fallout affect the markets? Read our take.
It has become a beating drum; the Federal Reserve holds its meetings and inevitably someone exits with a proclamation that Quantitative Easing is going to be phased out. As the sole engine backing the stock market's growth over the past five years, an end to QE could be catastrophic for your stock portfolio. Fortunately for stock holders, it has been one empty promise after another: Quantitative Easing rages on, and the liquidity it has created continues to push stocks higher.
Quantitative Easing has already created a paradoxical world where bad news for the economy is good news for the markets. But with an even larger potential implication being the destruction of the dollar, how does the Fed wean the markets off of the stimulus program? A better question may be, CAN THEY wean the markets off? Read this week's Market Update to find out.
After almost a decade of ultra-loose monetary policies, the Federal Reserve has created "the mother of all financial bubbles", and now finds itself painted into a corner with no easy way out. Here's how the inevitable fallout will impact all Americans.
For too long, the Federal Reserve has enabled the bad habits of our largest banks, bailing them out every step of the way. Now we're beginning to see signs that it's coming back to bite all of us – including the security of our savings. Get this critical info here.
Last month, Wickwire gave some reasonable arguments as to why one should buy gold. "I believe, he said, "that now is a good time to take advantage of the negative sentiment short-term trading sentiment." Is Wickwire right? Do you really need gold in your portfolio? Listen to our latest edition of the Market Report.