Daily Reckoning feed

By Nilus Mattive This post When to Cut and Run vs. When to Double Down appeared first on Daily Reckoning. Underwater positions – there is no topic that investors would rather avoid talking about. But as I pointed out in a recent article on diversification, some positions are going to head in the opposite direction […]

By Nomi Prins This post Trump Takes a Page From Nixon’s Playbook appeared first on Daily Reckoning. Historically, presidents have refrained from publicly commenting on the Federal Reserve’s policy. This allows the Fed to maintain its veneer of independence. However, it is clear that this White House is very different. President Trump is not one

By Brian Maher This post Why Markets Should Beware the Dog Days of August appeared first on Daily Reckoning. Today the calendar rolled to August… The “dog star” Sirius is prominent in the predawn sky. And the canine days of summer are upon us. In The Iliad, Homer depicts the rise of Sirius as an

By Nilus Mattive This post How to Stay at Any Hotel in the World… for Free appeared first on Daily Reckoning. Before I show you how to get a free night stay at almost any hotel in the world, here’s what not to do… Don’t: Email a hotel manager telling them you’re a blogger, social

By James Rickards This post Investors Have Fallen Into a False Sense of Security appeared first on Daily Reckoning. In January 2018, two significant market events occurred nearly simultaneously. Major U.S. stock market indexes peaked and volatility indexes extended one of their longest streaks of low volatility in history. Investors were happy, complacency ruled the

By Brian Maher This post “The Selling Has Just Begun” appeared first on Daily Reckoning. “The selling has just begun,” panics Morgan Stanley, “and this correction will be the biggest since the one we experienced in February.” “The most important trade of the past decade is now reversing,” shrieks Charlie McElligott, head of Nomura’s cross-asset

By Nilus Mattive This post A 100%-Accurate Indicator Is Flashing: Ignore It at Your Own Peril appeared first on Daily Reckoning. Very few mainstream investors realize this, but there’s an indicator that has correctly predicted a recession every time it’s gone off going back to the 1960s – seven times in total. And right now,

By Timothy Sykes This post The Most Misunderstood Day Job appeared first on Daily Reckoning. Day trading is one of the most-hyped — yet misunderstood — trading styles. There’s a lot of bogus information out there and plenty of misconceptions about what it takes to be successful as a day trader. I’ve been a consistently

By Brian Maher This post The Real Takeaway From Today’s GDP Report appeared first on Daily Reckoning. Markets were apprehensive this morning, on edge… like an accused killer awaiting the jury’s verdict. The verdict in this case: The second-quarter GDP report, announced this morning by the United States Department of Commerce. A positive report would

By James Rickards This post Ignore the Happy Talk Coming out of Washington appeared first on Daily Reckoning. The White House has issued a steady stream of commentary about how the U.S. economy is the best ever (not true) and how we have finally turned the corner from the slow growth of the Obama years