The world's second largest holder of gold bullion, the Bundesbank (the German Central bank) has asked for an accounting of its holdings by the Federal Reserve Bank in New York. Currently, The New York Federal Reserve is custodian for much …
The world's second largest holder of gold bullion, the Bundesbank (the German Central bank) has asked for an accounting of its holdings by the Federal Reserve Bank in New York. Currently, The New York Federal Reserve is custodian for much …
Did the US equities market have a Déjà vu moment this Friday much like Scarlett O'Hara did in "Gone With the Wind" when she foresaw her daughter getting thrown from her horse just like Pa? Does the current market resemble …
Unlike the stock market which dropped over 2% this week and thus far has failed to reach ignition since QE3 was announced, Dragon, the SpaceX rocket took off this this week and successfully docked with Space Station ahead of schedule.…
On Friday the Labor Department reported that the unemployment rate unexpectedly fell to 7.8%. This is just in time for the President to be able to say that unemployment is at the lowest rate since he took office in January …
On Friday the Labor Department reported that the unemployment rate unexpectedly fell to 7.8%. This is just in time for the President to be able to say that unemployment is at the lowest rate since he took office in January …
Apple stock dropped almost 7% this week as major riots broke out in a manufacturing plant operated by Foxconn. It occurred in the city of Taiyuan in mainland China, and at its epicenter was the iPhone 5. The cause of …
While the presidential election drones on and the polarization between donkeys and elephants intensifies, the rally on Wall Street paused this week. Notably absent from participating in the market’s move to new highs are transportation and semiconductors. The Transportation Sector …
As expected, Equity Markets rallied around the world as it responded to the Fed's decision to aggressively pump money. Caught between a choice of a double dip recession or possible hyper-inflation, Bernanke chose inflation and turned up the monetary spigots …
The Global Equities market soared this week, led by the U.S., to levels not seen in the NASDQ for over a decade with a five year high for the Dow. This can be attributed to the Bernanke/Draghi statements that basically …
