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By James Rickards This post Economic Numbers Are Less Than Meet the Eye appeared first on Daily Reckoning. Investors can be forgiven for thinking they hit the trifecta last Friday. The U.S. Bureau of Labor Statistics reported that unemployment had dropped to 3.9%, the lowest in almost 20 years. The Federal Reserve Bank of Atlanta […]

By Brian Maher This post Is Goldilocks Back? appeared first on Daily Reckoning. The market gods have stilled the troubled waters. The Dow Jones closed higher for the seventh straight day today. The index has surged some 1,300 points these past seven trading days. The S&P and the Nasdaq have followed in step. Wall Street’s

This post Edge Alert: Your Pension Is NOT Safe appeared first on Daily Reckoning. Remember that old saying, “If you want something done right, you’ve got to do it yourself?” That’s something that retirees — and those of us who HOPE to retire comfortably — need to keep in mind. Because when it comes to

This post Taxed to Death appeared first on Daily Reckoning. If taxes are the price to pay for civilization… we begin to suspect civilization nears perfection in the United States of America. The Congressional Budget Office (CBO) estimates Uncle Samuel hauled aboard a record $515 billion in taxes last month. April tax receipts alone ran

This post The “Black Gold” Bull Market Is Just Beginning… appeared first on Daily Reckoning. On Tuesday, President Trump delivered on his campaign promise and withdrew the United States from the Iran Nuclear Deal. With that withdrawal, President Trump vowed that the “highest level” of sanctions would be imposed on Iran. This is very bullish

This post Oil Is Back appeared first on Daily Reckoning. In 45 years, the world has gone from energy shortage and fears of “Peak Oil” to an energy glut where it seems the world is drowning in oil and floating on a cloud of natural gas at the same time. Yet that may not last.

This post Will the Saudis Try to Drive Down Oil Prices? appeared first on Daily Reckoning. Remember $100 per barrel oil? Oil prices peaked at $115 in June 2014. It seems like forever ago. What kind of behavior did this high price produce? Many oil producers assumed the $100 per barrel level was a permanently

This post A Simple Tool that Uncovers New Investments appeared first on Daily Reckoning. Want to know one of the best ways to minimize the dangers of market volatility and build long-term wealth? Consistently putting more money to work. One way to do that is through dollar-cost averaging, a strategy that invests a set amount

This post Live From Omaha: Buffett’s Big 3 Investment Insights appeared first on Daily Reckoning. This week is all about the Oracle of Omaha. Over the weekend, Berkshire Hathaway held their annual shareholder meeting and The Daily Edge was in attendance to get the details. Although the main attraction was a six hour Q&A session

This post Central Banks: The Great Experiment Has Failed appeared first on Daily Reckoning. My latest book, Collusion: How Central Bankers Rigged the World, is about the leading central banks and their incestuous relationships. The book dives into how central banks rigged the cost of money and the state of the markets, and ultimately created