BITCOIN: A Naysayers View
Bitcoin has no shortage of true believers and naysayers. This InvestorPlace article presents the argument against Bitcoin as a real currency.
New Tax Law: Things To Consider Doing Right Now
The new tax reform law has Americans asking what they should be doing right now to maximize the benefits. Paying next year’s state property tax this year is one thing we suggest clients consider – consult your tax adviser to see if that is right for you.
New Artificial Intelligence Suggests Best Times To Buy Airline Tickets
According to new artificial intelligence data, the best time to book airline tickets online is no longer Tuesday.
Booking Flights Online? Check Several Websites For Best Deal
As The Points Guys says, when booking airline reservations for the best price always check the carriers, in addition to Google Flights and the credit card travel portals.
Economic Optimism Index Hits New 10 Year High
Americans are even more optimistic about their economic futures than they were following the U.S. presidential election. In a recent poll released by IBD/TIPP, the Economic Optimism Index hit 56.4 — equal to its level back in October 2004. Also notable poll results are Americans’ confidence in their own personal financial outlooks and confidence in new Federal policies. To…
Hedge Fund Redemptions Accelerate in Third Quarter
Hedge fund redemptions accelerated in the third quarter of 2016. A whopping $28 billion was redeemed in three months alone.
Special Message To Our Clients: The U.K. Vote To Exit The European Union
We expect this market volatility to be short-lived and will provide buying opportunities. Brexit is not a reason to sell. In fact, freedom and self-rule are good things.
BREXIT Vote On July 23 – If “Leave” Wins, It’s Not Immediate
Next Thursday, June 23, Britons will cast their votes to either remain in, or leave, the European Union. Leaving would have far-reaching effects on the British, European and to a lesser degree – American, economies. Wall Street and The City are watching the polls closely. Economists and businesspeople are speculating on the impact of an exit…
Prime Minister Modi Drives India’s Strong GDP Growth
India is now growing faster than all other major economies across the globe, up 7.6% for the year ended in March. With that growth, investment capital flows to India have increased as well, amounting to $4.1 billion in March and an additional $1.5 billion since April 1st. Many analysts credit Prime Minister Modi’s policies of opening up…
European Central Bank To Begin Buying Corporate Bonds
In a bold new move to stimulate the European economy and stave off deflation, the European Central Bank (ECB) has announced that it will begin buying corporate bonds and carrying them on the bank’s balance sheet as an asset. “Even our Federal Reserve didn’t go that far!” commented Dr. Lewis Spellman, Executive Vice-President & Macro-Economist for…
Chinese Military Buildup Suggests Increased Spending Across Asia
The Chinese continue their military buildup and will be the subject of this week’s Shangri-La Dialogue in Singapore beginning on Friday. The regional meeting on defense posture gathers military leaders from around the world. South China Sea disputes are likely to dominate the talks. Analysts expect discussion behind the scenes to be centered around the military buildups by…
Hedge Funds Suffer Massive Redemptions
The hedge fund business continues to hemorrhage assets – over $16 billion in the last six months. “As a group, hedge funds have suffered horrid performance for more than two years,” said Bryan Anderson, Vice-President & Market Strategist for Beck Capital Management. “Valeant Pharmaceuticals was a favorite of hedge funds beginning early in 2013. Last year it imploded and…