Daily Reckoning feed

By Zach Scheidt This post Buy or Sell? Your Retirement Crossroads Is Here appeared first on Daily Reckoning. The stock market has moved sharply higher this week after a string of strong earnings reports. That’s something you should get used to for the next few weeks because we’re now solidly in breakout mode for the […]

By Nilus Mattive This post Why the Rich Get Richer and the Poor Stay Poor appeared first on Daily Reckoning. It’s no secret the rich tend to stay rich and the poor rarely find their way out of money-grubbing. The chances of someone of little means finding his or her way to considerable wealth are

By Brian Maher This post Should You Panic About Facebook’s Crash? appeared first on Daily Reckoning. First the bad news… Facebook crash-dove 24% in after-hours trading yesterday. In the span of a few electric hours, the “social” media giant lost some $130 billion of market value — its sharpest decline ever. It also represented the

By Jody Chudley This post China’s Secret “Ace” Could Ruin Trump’s Trade War appeared first on Daily Reckoning. President Trump is clearly not afraid of confrontation, especially when he holds a distinct advantage. And right now, in his ever-escalating trade war with China, Trump clearly holds a distinct advantage. That advantage is that China sells

By Nilus Mattive This post 7 Mental Models That Will Make You a Better Investor appeared first on Daily Reckoning. In 1994, Warren Buffett’s business partner and friend Charlie Munger gave a speech at USC Business School about the art of stock picking. What students didn’t know was they were really in for a lecture

By James Rickards This post Get Ready for the “100-Year Flood” appeared first on Daily Reckoning. One of the long-standing reasons to own physical gold or invest in gold mining shares is to hedge geopolitical risk or the risk of natural disaster. From the Black Death in the 14th century to the Thirty Years’ War

By Brian Maher This post Does God Control the Stock Market? appeared first on Daily Reckoning. The real trouble with this world of ours is not that it is an unreasonable world, nor even that it is a reasonable one. The commonest kind of trouble is that it is nearly reasonable, but not quite. Life

By Zach Scheidt This post Your Upcoming Trip to Macau… And How To Stack The Odds In Your Favor appeared first on Daily Reckoning. Want to take a trip to Macau? It’s the offshore Chinese equivalent of America’s Las Vegas. We could walk through the world class resorts… Grab dinner at an award winning restaurant…

By James Rickards This post Prepare for a Chinese Maxi-devaluation appeared first on Daily Reckoning. The news is being dominated by breathless headlines about the new trade war between the U.S. and China. But this trade war has been brewing for years and came as no surprise to readers of my newsletter, Project Prophesy. In

By Brian Maher This post Trump Moves From Trade War to Currency War appeared first on Daily Reckoning. Believe nothing in politics until it has been officially denied. Otto von Bismarck, the author of this maxim, knew something about politics — a good deal more than something, in fact. For reasons about to be made