Shares of the world’s largest business review site Yelp (NYSE:YELP) were down sharply, falling by 10% in aftermarket trade after the company delivered a healthy Q4 2015 earnings beat but failed ...
Gold News Whereas the S&P 500 has declined almost 6% for the year, the price of gold is up almost 6% this year. Bloomberg explains that gold ETFs were down 34% for the past 2 years, a trend that h...
In his inaugural Gold Videocast for SchiffGold a few weeks ago, Albert K Lu interviewed Adrian Day, CEO of Adrian Day Asset Management. Day said he believes the gold market is “consolidating, bottom...
Steen Jakobsen, chief economist and CFO for Saxo bank pinged me this morning with the Bloomberg headline Yellen Signals Rate Path Hinges on Whether Turmoil Persists. Steen suggested the alternative h...
Rumors of ECB monetization (which would be highly problematic in the new “bail-in” world) and old news of the emergency debt-buyback plan have sparked an epic ramp in Deutsche Bank’s...
People need to ask an important question – Why would the Fed hike interest rates in the first place when no one ask them to do it? Why would they do that? ~Brandon Smith, The Daily Coin I wan...
Talking Points: – UK industrial production fell 0.4% y/y vs. 1.0% gain expected. – Manufacturing production down 1.7% y/y vs. 1.4% loss forecast. – Pound higher with stocks on dema...
The Foreign Exchange (FX) market is the largest, most liquid market in the world – with around US $5.3 billion traded daily. Day trading is quite common among currency traders but most investors dep...
One of the most important sectors in the S&P 500 index is the financial sector. Over the course of my economic analyses, I have paid scant attention to the US banking industry for the simple fact ...
Yellen’s prepared remarks showed that she is watching the developments in financial conditions and this may certainly slow down the path of rate hikes. Or if you wish: the stock market crash puts t...