Is Headline CPI Inflation “Fake News”?
The Federal Reserve just tweaked how it thinks about inflation, and this could have a huge impact on gold and gold mining stocks.
Is Headline CPI Inflation “Fake News”? Read More »
Economy & Markets
Wisdom of Crowds Says Better Days Are Ahead
If you woke up this morning from an eight-month coma and happened to glance through the business section of the newspaper, you’d be forgiven for being unaware of any economic slowdown.
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How Robinhood Investors Beat Buffett at His Own Game
If you’ve listened in to some of my interviews or online presentations since the start of the pandemic, you may have heard me discuss Robinhood, the no-commission trading app favored by millennials. According to the company, the median age of users is 31. Many are first-time investors.
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Precious Metals Were the Winners in H1 2020… And It Wasn’t Even Close
Every year around this time, we check in with raw materials for our popular commodities halftime report. This year, it wasn’t even a competition.
Precious Metals Were the Winners in H1 2020… And It Wasn’t Even Close Read More »
American Exceptionalism Is Real
Nearly 120 years ago, an American engineer named Willis Carrier invented the very first electrical air conditioner. The device was such a hit that he founded the Carrier Corporation in 1915 to meet demand, making it the world’s first HVAC (heating, ventilating and air conditioning) company.
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3 Charts on the State of the U.S. Airline, Restaurant and Hotel Industries
As you may have already heard, the European Union (EU) just released its list of 15 countries that are permitted to visit the 27-country bloc starting today, and the U.S. was not among them.
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What Is a Luxury Good?
In the very first episode of Mad Men, the critically acclaimed AMC series about the advertising business in 1960s New York, ad man Don Draper is approached by Rachel Menken, the head of a fictional high-end department store called Menken’s. She wants Don’s help in raising her store’s profile.
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Are We Heading for a Second Wave of Lockdowns?
California, which now requires mask-wearing outside of the home, had its biggest one-day jump in infections. Arizona, Florida and Texas are also turning into new hotspots.
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Record Spending and Money-Printing Puts Markets in Uncharted Waters
Back in March, I predicted that the total U.S. economic response to the COVID-19 crisis would be at least $10 trillion.
Record Spending and Money-Printing Puts Markets in Uncharted Waters Read More »
The Math Is on Investors’ Side
Most baseball fans know that the New York Yankees is the winningest team in MLB history. Of the 18,426 games it’s played since 1901, it’s won 10,378, or about 57 percent of them.
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