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By Zach Scheidt This post Trading Tips From A Las Vegas Casino appeared first on Daily Reckoning. “I didn’t come all this way just to sit and fold my cards!” I was sitting across from a typical tourist who was counting out chips to call my bet. We were playing poker at the Wynn, and […]

By James Rickards This post China’s Plan to Tank Their Own Stock Market appeared first on Daily Reckoning. When I say the fix is in for FXI that’s not meant to be mysterious. FXI is the ticker symbol for a U.S. exchange-traded fund (ETF) composed of the largest Chinese stocks. The phrase “the fix is

By James Rickards This post Keep Your Eye on China appeared first on Daily Reckoning. The trade war is beginning to take its toll on China as the Chinese economy is losing momentum. Beijing has pledged to increase small-business lending and increase infrastructure investment to help offset the impact. Ting Lu, chief China economist at

By Alan Knuckman This post Dollar ↓ Profits ↑ appeared first on Daily Reckoning. Most stock investors couldn’t care less about the dollar. When it comes to the dollar, most people here in the U.S and abroad have just one concern: what can a dollar buy me? And when you start talking about the dollar

By Zach Scheidt This post The Strongest Earnings Since When??? appeared first on Daily Reckoning. What were you doing in the fall of 2010? At my house, we were getting used to the idea of having four kids in school AND 2-year-old twin girls that we were potty training. Talk about a lot to keep

By Brian Maher This post This Time Is Different — No, Really appeared first on Daily Reckoning. “Experience keeps a dear school,” said Ben Franklin, “but fools will learn in no other.” The wise man remembers. The fool forgets. The wise man listens. The fool talks. He ignores both the living and the dead… the

By Jody Chudley This post 967% Gains So Far… And This Obscure Investment Could Double It appeared first on Daily Reckoning. Are you ready for a huge, high-conviction investment bet that one of the best hedge fund managers of the past 20 years just made? I don’t know why I asked, I can’t hear what

By Nomi Prins This post Buybacks Will Keep the Bull Running appeared first on Daily Reckoning. In the Fed’s July report to Congress, Jerome Powell unleashed what was likely the most important statement to the Trump administration. Powell said that interest rate hikes, which had been forecast to include two more hikes this year, would

By Brian Maher This post How Trade War Can Actually Boost the Stock Market appeared first on Daily Reckoning. Round and round it goes, and where it stops, nobody knows… China announced plans yesterday to impose 25% tariffs on an additional $16 billion worth of U.S. products. The imposts enter effect on Aug. 23 —

By Zach Scheidt This post Nobody Else Believes Me… Do You? appeared first on Daily Reckoning. For months I’ve been pounding the table on the U.S. market. I’ve been telling you how the economy is strong, and how the wealth effect is spreading across the country which is leaving people with money to spend and