Early openers crunching north: Kiwis +0.1%, Aussies and Nikkers +0.6% and Sth Korea +0.1%.
Modest rises for Aussie sectors: Materials/Miners/Telecomms +0.9% and Financials +0.7%.
Early openers crunching north: Kiwis +0.1%, Aussies and Nikkers +0.6% and Sth Korea +0.1%.
Modest rises for Aussie sectors: Materials/Miners/Telecomms +0.9% and Financials +0.7%.
Since rents aren’t fully reflected in the Consumer Price Index, we’re behind the curve on inflation. And the Fed, which relies on the still more unrealistic PCE index, “won’t even see the curve,” says Lee Adler in this must-see video – with a chart that gives you the willies.
As discussed earlier (see post), home price increases in the US are slowing. One of the reasons for the slowdown is the continuing weakness in wage growth. The latest data seem to indicate that in spite of the overall improvements in job creation, wage…
Data-lanche! (My neologism.) That’s an avalanche of data, and it sure feels like I was hit by one this morning, with the U.S. government releasing both the monthly jobs and trade figures at exactly the same time.
The Dow Jones Industrial Average today (Thursday) shattered the 17,000 barrier on news that the U.S. economy added another 288,000 jobs in June. The official unemployment rate fell to 6.1%, its lowest level since September 2008. Despite the optimism, the economy shed more than half a million full-time jobs and added the net balance through part-time work.
It’s Independence Day tomorrow, so here’s a story about your freedom to think about and act on.
Optimism surrounded Thursday’s release of the June U.S. Labor Department Jobs Report, but although the numbers were better than expected, we still have plenty to worry about, and the economy is still in trouble.
Gold stocks are poised for an upswing.
Just recently, the European Central Bank (ECB) announced a new policy to promote lending and, ultimately, inflation in the Eurozone. The move sent investors flocking to precious metals like gold and silver. And a recent election in April saw the seating of a new government in India. On account of the platforms of these new leaders, the Indian press has indicated to expect a considerable decrease in import duties.
With the upward pressure on gold prices, here are three gold stocks that can benefit from a potential price spike…
The post Here’s Why Gold Stocks Are on the Rise – Plus Three Picks That Will Benefit appeared first on Money Morning – Only the News You Can Profit From.
I’ve always considered the U.S. manufacturing output figures to be much more important than the manufacturing jobs figures, since it’s …
Silver prices have been sideways this week, cooling off from a mid-June rally sparked by inflation-minded investors wary of the U.S. Federal Reserve’s dovish talk. But the second half of the year looks good – here’s why …