Market News

Gold hits 2-week highs in 2016 debut on China, Mideast fears

Market News | January 4, 2016

Gold kicked off 2016 with its biggest one-day advance in a month, surging Monday by as much as 2% to two-week highs as a weakening Chinese economy shocked global stock markets and crude oil surged after Saudi Arabia cut ties with Iran. Chinas Caixin manufacturing data for December signaled a contraction in the worlds second-largest […]

GDP forecast slashed to 0.7%, while Dows debut a bad omen for 2016

Market News | January 4, 2016

Just when you thought the U.S. economy couldnt get much worse than the 1.3% GDP forecast issued by the Atlanta Federal Reserve in late December, it did: On Monday the same bank slashed its fourth-quarter estimate to 0.7%! The news couldnt come on a much grimmer day. After all, the Dow Jones Industrial Average got […]

Risks To The Economic And Financial Outlook For 2016: Complacency Will Be A Losing Strategy

Investment | January 4, 2016

A familiar year-end ritual for economists, policymakers, and financial firms is to issue their forecasts for the year ahead. In reviewing these recent and often-voluminous projections, we are struck by the tight clustering of forecasts. Does this imply the risks to the outlook are low or that investors should stand pat? As management consultant John […]

Rare Coin Market Looks Strong In 2016 And Beyond: Heres What To Collect

Market News | January 1, 2016

Lets look at some of the trends in the rare coin market in 2015 and consider what to concentrate on in 2016. Last year was an amazing year in the numismatic realm. Many high-end collections came to market and generated huge interest as well as dollars. As the highlight of the year, the D. Brent […]

Bubble chasers buy Alibaba, while the super-wealthy load up on gold

Investment | March 7, 2014

What these super-wealthy investors are doing, when they’re not hoarding massive amounts of cash in anticipation of another stock-market crash, is buying the dips in gold. U.S. investors who do business in dollars are in an even better position to take advantage of this strategy. With the U.S. dollar strong, gold priced in greenbacks is especially cheap […]