Black Monday 1987 Today marks the 30th anniversary of the 1987 stock market crash. It’s hard to believe that it’s been 30 years. I still
Inflation Higher Than Expected Today we got the hotter than expected news on prices – on inflation. We got the import/export prices. Import prices were
Yellen Putting On an Optimistic Front Everybody is watching Janet Yellen this week; the Federal Reserve met and did not raise interest rates – no
Market Anticipates Quantitative Tightening The market continues to rise; people are excited about the Fed meeting that start tomorrow and concludes on Wednesday. Nobody expects
By: Peter Schiff, President and CEO Euro Pacific Capital Typically, U.S. Presidents are wary of claiming stock market performance as a referendum on their success. Most
Summary: More weak economic data today sent the U.S. stock market to record highs; at least the Dow and the S&P hit new records. NASDAQ
Summary: Let the SS ObamaCare Ship Sink The Republicans in the Senate finally unveiled their version of ObamaCare Repeal & Replace. It’s very heavy on
Summary: Amazon Buys Whole Foods The Dow was up today; mainly on the surprise announcement that Amazon, the king of on-line retailing, is buying Whole
Summary: Friday’s Tech Wreck continued today, some stocks making key technical reversals. The crypto currencies, also experienced volatility as Bitcoin seems to be losing some
Summary: Today’s big miss in the Nonfarm Payroll report indicates further proof for the Fed that the Q1 weak economic data was not transitory. Coupled
