Well, right on cue, the FTSE is playing out per the script of the last 3 years moribund summer months with a quite severe downdraft now from only 4 weeks ago. At the lows last week, the correction was aronund 10% from the highs just shy of 6900. Take a look at the chart below…
SBM Investment IQ poser 1. There is a tender from God and you are given a chance to give up a percentage of your wealth in order to replay one day in your life in the future e.g. one of your children gets run over by a car, you replay the day and avoid…
Slightly different to other boards where you need the company epic to access the board, you simply type the company name into the Company Search box in the top right of the screen and then select the company to visit its stream. No registration necessary. Check it out to see the future of bulletin boards!
According to the Hennessee Group LLC, the aggregate hedge funds performance for May, as indicated by the HCN Aggregate index, was +1.79% (+7.0% YTD), while the S&P 500 advanced +2.08% (14.34% YTD). Yet another year of “hedge fund” underperformance looks to be in the wings. Year to date bonds also fell with rumours that the…
With the S&P 500 close to its all-time highs, a common question is: will we see a pullback or a continuation in the bull market? This is obviously a very complicated question to answer, as investor sentiment in the S&P 500 can shift extremely quickly. In addition, there is obviously no quantifiable method to predicting…
We are pleased to welcome on board a new contributor – Ben Turney and here is his inaugural post. On June 3rd my Google Alert for the “Hindenburg Omen” was triggered. Since then I’ve received daily “Hindenburg Omen” updates as the technical indicator has continued to give signals and this has come to the attention…
There’s no way to sugarcoat the dismal performance of the precious metals in recent months. But a revisitation of the reasons for owning them reveals no cracks in the underlying thesis for doing so. In fact, there are a number of new compelling developments arguing that the long heartbreak for gold and silver holders will…
The recent weakness in many precious metals has led some to believe the investment opportunity in that sector is over. However, I don’t believe that’s true—not all of the precious metals have the same fundamental drivers and thus have had varying levels of performance. While some precious metals, such as silver, have dropped over…
According to the latest Flow of Funds report issued by the Federal Reserve, US household net worth has improved materially and finally exceeded its pre-crisis peak. A rising stock market, improving housing prices, and low mortgage rates all contributed to the net worth increase of $3 trillion recorded during the first quarter of the…
From goldcore The world’s biggest banks have been manipulating benchmark foreign-exchange rates used to set the value of trillions of dollars of investments, according to a Bloomberg investigation. Employees have been front-running client orders and rigging WM/Reuters rates by pushing through trades before and during the 60-second windows when the benchmarks are set, said five…
