Now More Than Ever, Beware the Bullish Siren Song
Recent stock market rallies may tempt many investors to jump back into markets. But with more declines on the horizon, that could hurt them financially.
Another Day, Another Federal Reserve Bailout
The bad news just keeps getting worse and worse. After a 100-basis point rate cut and $700 billion in quantitative easing, the Federal Reserve has announced that it is opening up a new Commercial Paper Funding Facility (CPFF) to provide a bailout of commercial paper markets. The new special...
Is the Fed Trying to Destroy Stock Markets?
Another Fed move, another day of collapsing stock markets. The Federal Reserve on Sunday evening announced its third consecutive unscheduled monetary policy move, making a 100-basis point cut to its target federal funds rate, cutting to a level of 0.00-0.25%. So after only a couple of years in which...
How to Make Sense of the Federal Reserve’s Repo Market Moves
Last week the Federal Reserve made waves in markets by announcing that it would immediately offer $1.5 trillion in funding for repo markets. While that made for a nice stock market bounce in the immediate aftermath of the announcement, it couldn’t keep stock markets from losing the most points...
Americans Aren’t Saving Enough for Retirement
It’s no secret that the retirement outlook for most Americans is dire. While figures for the average amount of retirement savings get bandied about here and there in the media, the median amount of retirement savings in the US is zero. That’s right, more than half of Americans have...
Financial Media Trying to Push Narrative That Recession Odds Are Low
It’s funny sometimes how the mainstream financial media tries to push narratives that are completely at odds with reality. With business activity already slowing in the US, China, and elsewhere, and with the onset of the coronavirus seriously upsetting global supply chains, anyone could tell that 2020 is going...
Citi Analysts See Gold Over $2,000 Within 24 Months
It seems like just a couple weeks ago that analysts were predicting gold to end the year at $1,650. But gold was already pushing that level late last week, as fears about the coronavirus and slowing business activity drove a wave of safe haven buying. Now analysts are predicting...
Coronavirus Fears Hammering Stock Markets
After weeks of discounting the dangers of the coronavirus to the world economy, it seems that stock markets have finally gotten wise to the threat the virus plays to the global economy. The Dow Jones opened Monday down nearly 1,000 points as more negative news about the virus emerged....
What the Price of Gold Is Trying to Tell Us
After reaching the $1,600 mark last week, gold began to really break out. While many market analysts had expected gold to see major resistance at $1,600, and perhaps some profit-taking, gold took on that barrier and continued to move up. That confounded many who still rely on outdated correlations...
How Much Will Your Retirement Account Pay You Monthly?
It can be tempting to look at your 401(k), IRA, TSP, or other retirement account and think that you’ve got it made. Maybe you have $100,000 in your account, or $250,000, or maybe you’re one of those lucky ones with over $1 million. But rather than thinking of the...