Post Profile

UBS: Buy gold! (GLD, GLX)

UBS wants you to buy gold. As long as the Federal Reserve sees no reason to raise interest rates in a hurry, gold should do well, according to strategists at the bank's Chief Investment Office Wealth Management Research arm. They see gold prices climbing to $1,350 per ounce over the next year, up 7% from its current level. Because gold does not bear any interest, it loses appeal when rates rise and investors go after better alternatives.
read more


Related Posts

The Fed will raise rates faster than the market thinks

Business & Finance : Business Insider: Clusterstock

The Federal Reserve is expected to raise interest rates this year for the first time since 2006. And Brian Smedley, senior US rates strategist at Bank of America Merrill Lynch Global Research, thinks that when the Fed moves, it will...

UBS: The Federal Reserve Could Accidentally Raise Rates In Its Efforts To Lower Rates

Business & Finance : Business Insider: Clusterstock

UBS senior economist Drew Matus was on Bloomberg TV this morning previewing Wednesday's FOMC meeting. Many of the major investment banks are expecting the announcement of significant policy action, while UBS is not. However, Matus s...

There's an interesting reason why the Fed might not be able to hike rates in 2016 (TLT, TLO, USD, DXY)

Business & Finance : Business Insider: Money Game

Deutsche Bank has an interesting argument for why the Federal Reserve may not be able to raise interest rates at all this year. In a note Monday, Deutsche Bank chief US economist Joe LaVorgna argues that the Fed may be unable to mov...

UBS Is Recommending These 25 Stocks To The Richest People In World (GOOG, HAL, C, HUM, HD, CMCSA, CL, ABX)

Business & Finance : Business Insider: Money Game

UBS Wealth Management is one of the biggest wealth managers in the world. In a new report, Jeremy Zirin of Chief Equity Strategist of UBS Wealth Management Research has an update to its U.S. Top 25 Stock List. The team likes cyclica...

The Fed nailed it (SPY, DJI, IXIC, USD, TLT, TLO, GLD, GLX)

Business & Finance : Business Insider: Money Game

The Federal Reserve must be relieved. In September, the Federal Open Markets Committee, the Fed's policy setting arm, decided not to raise its benchmark rate which has been near zero for seven years. Ahead of the meeting, there had ...


Copyright © 2016 Regator, LLC