Gold breaks above $1,600 as Apple virus warning stifles risk appetite

Gold breaks above $1,600 as Apple virus warning stifles risk appetite

Gold prices jumped more than 1%, breaking above $1,600 per ounce, to a more than one-month high on Tuesday as a surprise sales warning from Apple Inc highlighted the impact of the coronavirus outbreak on global economy and drove investors to seek lower-risk assets.
February 18, 2020 0 Comments
How are Stocks Going Up While Earnings Go Down?

How are Stocks Going Up While Earnings Go Down?

The primary driver of stock prices is supposedly earnings, right?  So how is it that earnings as a percentage of GDP have been falling since a peak in late 2014, and yet the major averages like the DJIA and SP500 are up 60% since then?
February 5, 2020 0 Comments
Recession Signal Is Raising Its Ugly Head Again

Recession Signal Is Raising Its Ugly Head Again

One day does not make a trend but it is worthwhile to remember that this inversion ran for four and a half months last year and the lag times between this type of inversion and a recession starting has been between 8 and 18 months for the last three recessions. And for two of the three previous recessions (early 1990’s and the Great Recession of 2008/2009) the...
February 3, 2020 0 Comments

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