As I mentioned in my video blog I recorded on Friday, the jobs data that came out on Friday was just not weak enough for the market So the markets’ carnage continues, because everybody still believes the Federal Reserve may in fact be raising interest rates – the only question is, will it be in […]
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Gold Hits $1,200 as Financials Get Hit – Ep. 139 Read More »
It really was a brutal week on Wall Street, led by the tech-heavy NASDAQ, which is down about 5-1/2% on the week; 3% of that alone came today, now down about 17% from its high Not officially in a bear market yet, but getting there The vast majority of NASDAQ stocks are in bear markets,
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Weak Jobs Report Not Weak Enough For Stocks – Schiff Report Read More »
So far the month of February is just 4 trading days old, and already the U.S. dollar index is down just over 3 percent We closed January at 99.6 and we closed at 96.5 Gold, going the other way, now up about $13 today, closing above $1,155; the price of gold is up almost 3.5%
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Recovery Fantasy Persists Despite Recession Evidence – Ep. 138 Read More »
It was another tough day in the stock market today; the Dow Jones finished down 295 points, NASDAQ fared even worse, down 103 points, that’s about 2.25% These 100-point moves are coming quite often now; in the NASDAQ, the transports were hardest hit once again down 204 points – that’s almost 3% When I saw
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Dow Tumbles on Cruz Iowa Caucus Win – Ep. 137 Read More »
