After dipping last week, stocks are back up after Fed Chairman Ben Bernanke announced that the Fed would continue its easy-money policies this year. I’ve already noted how the money supply (M2) is growing rapidly, all apparently in an effort to re-elect President Obama and to help Bernanke keep his job. As a result, the […]
Last week, something happened in the bond market — rates rose sharply across the board for the first time in years. For example, 10-year Treasuries jumped from 1.99% to 2.31%. Talk about March Madness! I think we are seeing the beginning of a major sea change: rising rates as the economy recovers and the Fed’s […]
Last week, I spent some time one-on-one with Glenn Beck at a private meeting at Donald Trump’s Florida retreat, Mar de Lago. My friend Dan Mangru invited a group of friends to meet Beck and talk about his new non-profit organization, Mercury One. Glenn still is doing well with his nationwide radio program and his […]
Oil prices for April delivery are close to $107 a barrel today and I expect them to stay high. You probably are not any happier than I am about the high cost of filling up your gas tank at the pump but I do not think we will receive any relief for quite awhile. I […]
Last week, I received a marketing letter with the headline, “America on the verge of collapse.” The author predicted that gas prices were about to spike to $10 per gallon due to Middle Eastern turmoil and the Fed’s inflationary policies. I don’t buy it at all. Even though I do think gasoline prices will stay […]
For the past 12 months, Dr. Mark Skousen has been digging into the biggest stock moves of the past 45 years… crunching data… building computer models… examining company fundamentals… and studying price movements. After one year of solid research, he’s ready to reveal his incredible findings: a unique pattern that could let you unlock a mountain of gains from any one of these stocks. Click here now to learn more.
Given the severe problems the West faces (Europe, debt crisis, high unemployment), how can stocks be making new highs this year? The answer is simple. All stock and commodity prices look forward, and what do they see? Well, the markets see some light at the end of the tunnel. Europe is finally adopting some austerity […]