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Thanks, Yellen… Here’s What to Do After Yesterday’s Rate Hike

By Jody Chudley This post Thanks, Yellen… Here’s What to Do After Yesterday’s Rate Hike appeared first on Daily Reckoning. Yesterday’s announcement from the Federal Reserve was certainly no surprise… Just as expected, the FOMC decided to raise interest rates 0.25%, bringing the Federal Fund rate to a meager 0.75%. Following Yellen’s announcement, the markets

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World’s top diamond miner Alrosa quadruples profit amid sector recovery

By analyst By Cecilia Jamasmie Alrosa (MCX:ALRS), the world’s top diamond producer by output in carats, injected some fresh good news into the gems market Thursday by posting a fourfold increase in total profit to $2.31 billion (133.5 billion roubles) for 2016. The Russian miner said 2016 was a year of active recovery in the

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America’s Infrastructure Shortfall Could Be an Investor’s Best Friend

click to enlarge This gap has “a cascading impact on our nation’s economy,” as the ASCE puts it. If nothing changes in terms of infrastructure spending, U.S. gross domestic product (GDP) could lose up to $4 trillion by 2025. Business sales could fall $7 trillion, and 5 million American jobs could be lost. Take a

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