
| URL : | http://www.businessinsider.com/moneygame | |
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| Filed Under: | Business & Finance | |
| Posts on Regator: | 75516 | |
| Posts / Week: | 339 | |
| Archived Since: | February 11, 2009 | |
FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors. 6 Things Traders Need To Do To Improve Their Consistency (The Kirk Report) Traders should focus on consistency....Show More Summary
Goldman Sachs bought a stake in the Industrial and Commercial Bank of China before it was cool — before it had the 2nd largest IPO in the history of the world in 2006, and before it was the largest bank in the world by market cap. Initially, Goldman owned 4.9% of the bank, whose stock is up 22% over the year. Show More Summary
Gold prices are up modestly today, but continue to be near their lows of the year. "Downward pressure on gold continues and we are now back to levels post the mid-April selloff," said UBS's Edel Tully in a note titled Gold Shorts Dominate. Show More Summary
Shares of Herbalife are ripping today with the nutrition supplement seller's stock last trading up more than 8% at $48 per share. We haven't seen any news on the stock, yet. Herbalife is one of the most controversial stocks and it has generated a great deal of dicussion on both the long and short side. Show More Summary
Gold prices continue to take a beating with futures at $1,354 an ounce. Marc Faber, publisher of The Gloom, Boom and Doom report, told Talking Numbers that he is buying physical gold and will buy more if it hits the $1,300 mark. But, he said that he isn't keeping it in the U.S. Show More Summary
This weekend computer scientist Ted Nelson claimed that mathematician Shinichi Mochizuki was the man behind Bitcoin. See, while the digital currency has moved markets and attracted major investors, nobody actually knows who came up with it. Show More Summary
The chart below, via BofA Merrill Lynch strategist Michael Hartnett, provides an interesting visualization of one of the big themes playing out in global markets right now. Bloomberg TV anchor Scarlet Fu called this her "single best chart" this morning. Show More Summary
Saturday morning, Federal Reserve Chairman Ben Bernanke told graduating Bard College students why he believes the future will be better. In theory, this is a pretty banal argument, especially in a graduation speech. But it looks a little different coming from an conscientious academic. Show More Summary
Fed Chairman Ben Bernanke seems to agree with my upbeat assessment of the future led by the ongoing high-tech revolution. He signed on to the thesis in a commencement speech on Saturday titled, “Economic Prospects for the Long Run.” That title is eerily similar to that of Jeremy Siegel’s investment textbook (1994), Stocks for the Long Run. Show More Summary
Gold has been getting hammered lately, and it's down again today. PIMCO's Mohamed El-Erian discusses it in an FT piece titled We Should Listen To What Gold Is Really Telling Us. El-Erian's argument is that essentially gold had a brand and it had a story, and that story was that it would inevitably go up, as central banks stimulated more. Show More Summary
American households are under stress again, according to the latest consumer distress index by CredAbility. “Despite the growth in jobs and an improved housing market, our index shows that the average U.S. household has seen little improvement...Show More Summary
There's a new theme in the global economy and markets: nothing. Like we mentioned yesterday, the economic calendar will be light this week, with almost no market moving data scheduled for Monday. However, market watchers are indeed nervous about at least two things: 1) Earnings growth expectations have stagnated as stocks have continued to rally. Show More Summary
Following the DAX's rise to a new record high and the FTSE's rally to its highest level in over five years, Citigroup's Jonathan Stubbs told CNBC that European equities have "rarely" been so appealing to investors. The bank's European...Show More Summary
This is a chart that people don't much look at these days. It's updated semi-regularly by Doug Short, and it compares the great US bear market (starting in 2000) with the great Nikkei bear and the Great Depression bear. For awhile all 3 were looking very similarly, but at this point it's clear. Show More Summary
Here's an intriguing tweet from Jim Cramer today. And my cause today: how ideology and orthodoxy kept you out of this market, and how pundits keep getting away with it. — Jim Cramer (@jimcramer) May 20, 2013 Despite the fact that the...Show More Summary
Silver is getting creamed today (to the tune of 4%). Of course, the precious metals have been in a deep bear market for awhile. Worth looking at the big picture for a moment though. With its latest decline, silver is getting very close to hitting levels before it really took off in 2010 (and went parabolic in early 2011). Show More Summary
Two big themes continue today: The first is Japanese outperformance. The second is the armageddon for precious metals. Japan's Nikkei surged again, rallying over 2%. Meanwhile, silver is down over 4% (it was briefly down 8% at the open yesterday). Show More Summary
The can't-lose market continues. Japan up another 1% to start the week. The real big news though to start the week is the hard selloff in silver, as the pain continues for the precious metal bugs. Please follow Money Game on Twitter and Facebook. Join the conversation about this story »
Ric Deverell is convinced the sell-off in gold is far from over. On Thursday, Deverell -- Credit Suisse's Global Head of Commodities -- told reporters in London that the yellow metal was heading to $1,100 this year and to $1.000 within five years. Show More Summary
There's something fishy about Google's motto, "Don't be evil." I'm not saying it's controversial but it makes you think, "Why bring that up? Why have you suddenly put the subject of being evil on the agenda?" It's suspicious in the same...Show More Summary