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  • Finance 0

    Guide To Hartford Balanced Income A Fund

    Hartford Balanced Income A (HBLAX – MF report) a Zacks Rank #1 (Strong Buy) seeks current income and long-term growth of capital consistent with reasonable risk. HBLAX seeks to achieve its investment objective by investing approximately 60% of its assets in stocks and other equity securities and approximately 40% in bonds and other debt securities rated at least BAA by Moody’s or BBB by S&P or of comparable quality. This Allocation Balanced fund, as of the last filing, allocates their fund in three major groups; Intermediate Bond, Large Value and Foreign Bond. Further, as of the last filing, Microsoft Corp. (MSFT), Wells Far...
    On July 10, 2016 / By
  • Finance 0

    Gold Price Shrugs Off US Jobs Surge, Holds Best Friday Close Since March 2014 As Traders Back Interest Rate Cuts

    Submitted by Adrian Ash  Gold prices whipped violently Friday on news of the strongest growth in US employment since October, recovering all of a sudden 2% plunge to head for the highest weekly close since March 2014 as traders continued to bet that the Federal Reserve won’t raise interest rates anytime soon. The US government’s first estimate of June’s net addition to non-farm payrolls came in at 287,000 – almost as far ahead of Wall Street forecasts as May’s 6-year low was beneath them. “A very strong jobs figure will trigger some short term pain for gold prices,” said Swiss refining and finance group MKS’s trader James...
    On July 10, 2016 / By
  • Finance 0

    Physical Gold And Silver Vs. Failing European Banks

    It is no surprise that both commercial and central banks hate gold. Because gold reveals the total mismanagement of the economy and the deceitful actions that the bankers take. Once the paper gold market collapses, which is not far away, we will see the full extent of these malpractices which could easily be classified as fraudulent. Paper money will soon be worth ZERO It is not just central banks that print money. Commercial banks print many times more by leveraging their balance sheets up to 50 times, like Deutsche bank. If you include derivatives this leverage is exponentially greater for all banks. This money printing has totally destroye...
    On July 10, 2016 / By
  • Finance 0

    No Place To Park

    Does anyone remember Brexit? In case you might have been napping the last week or have been without access to the internet, well that is now a long forgotten non- event whereby the British committed financial hari-kari by voting to leave the EU. It rattled US Equities markets for a full two days before igniting a rally in just about everything except the British Pound and most EU stock markets. US stocks ended up +1.28% to +2.57% this week, with the Nasdaq 100 (QQQ) leading on good volume. The tell was the immediate vicious snapback rally the prior week immediately shrugging off the entire Brexit shock. This Friday, the S&P 500 (SPY) hit ...
    On July 10, 2016 / By
  • Finance 0

    Deutsche Bank’s Chief Economist Calls For €150 Billion Bailout Of European Banks

    The cards have been tipped, and it appears Italy’s Prime Minister may have been right. In the aftermath of Brexit, much of the investing public’s attention has turned to Italian banks which are in desperate need of a bailout as a result of €360 billion in bad loans growing worse by the day (and not a bail-in, as European regulations mandate, as that would lead to an immediate bank run) to avoid a freeze and/or collapse of Italy’s banking sector. This has pushed stock prices – and default risk – on Italian banks to record levels. So far Italy’s bailout requests have mostly fallen on deaf ears, as Germany&...
    On July 10, 2016 / By
  • Finance 0

    Forex Forecast: Pairs In Focus – 7/10/2016

    The difference between success and failure in Forex trading is very likely to depend upon which currency pairs you choose to trade each week, and not on the exact trading methods you might use to determine trade entries and exits. Each week I am going to analyze fundamentals, sentiment and technical positions in order to determine which currency pairs are most likely to produce the easiest and most profitable trading opportunities over the next week. In some cases it will be trading the trend. In other cases it will be trading support and resistance levels during more ranging markets. Big Picture 10th July 2016 Last week I predicted that the ...
    On July 10, 2016 / By
  • Finance 0

    How Inflation Is Manipulated By The Federal Reserve

        We show the underlying costs of QE by the Federal Reserve in terms of much higher inflation that counters the benefits of lower interest rates on the Home Ownership Rate by lowering disposable income for consumers. The Fed giveth on one hand and taketh away with the other hand.  When the all in costs of QE and ZIRP are fully analyzed these policies are detrimental to long term growth fulfillment, healthy functioning financial markets, and capitalism in general. They should only be used as short term emergency measures by Central Banks. The evidence is quite clear at this point staying at the Zero Bound is detrimental to healthy fun...
    On July 10, 2016 / By
  • Finance 0

    International Economic Week In Review: It’s A Post Brexit World

    The world is adjusting to the reality of Brexit. The good news is that world equity markets have stabilized and in some cases have rallied. That does not mean, however, that the potential fallout has been contained. Global government bond yields have dropped, the Sterling continued to plumb new depths and UK consumer confidence experienced the largest decline in 21 years. And the possibility of additional EU political contamination continues.  Over the last 2 weeks, Markit Economics released their latest manufacturing and service PMI numbers for China. Manufacturing continues to contract, with the PMI falling from 49.2 to 48.6. A drop in new...
    On July 10, 2016 / By
  • Finance 0

    Bursting Of Central Bank Bubble Will Result In A Recession & Bear Market

    …The unwinding of the “Central Bank Bubble” will be worse than either the Dot.Com Bubble or the Housing Bubble. It seems like most investors continue to show apathy even with the warnings by us and quite a few others of the “unintended consequences” of the central banks doing things that have never been done before. Those investors are in good company because it appears to us that the leaders of the major central banks of the world do not have any idea of the “unintended consequences” either. By Comstock Partners (ComstockFunds.com) Think for a moment about exactly what…[chances] the Federal...
    On July 10, 2016 / By
  • Finance 0

    Noonan: “Gold Poised To Continue Rally”

    …The world is drowning in debt created by the central bankers and force-fed to states like a goose being fattened for foie gras…Always, always follow the money…and, as always, the best defense against the global uncertainty are gold and silver holdings…[and here’s what the charts have to say about the current performance of gold and silver]. By Michael Noonan (EdgeTraderPlus.com) Gold – Weekly Chart We have been looking at the 1395 area as a potential stopping point for the current rally that has been underway for the past few months.  Last week was a smaller range, but the close was near the high so th...
    On July 10, 2016 / By