By Michael Snyder There is so much confusion out there. On the days when the Dow goes down by several hundred points, lots of people pat me on the back and tell me that I “nailed” my call for the second half of this year. But on the days when the Dow goes up by … Continue reading
By Michael Snyder Those that watched their stocks steadily increase in value for years are now seeing all of that “wealth” disappear at a staggering pace. The only way you actually make money in the stock market is if you get out in time, and many Americans are discovering that all or most of … Continue reading
By Michael Snyder On Wednesday we witnessed the third largest single day point gain for the Dow Jones Industrial Average ever. That sounds like great news until you realize that the two largest were in October 2008 – right in the middle of the last financial crisis. This is a perfect example of what I … Continue reading
By Michael Snyder On Monday, the Dow Jones Industrial Average plummeted 588 points. It was the 8th worst single day stock market crash in U.S. history, and it was the first time that the Dow has ever fallen by more than 500 points on two consecutive days. But the amazing thing is that the Dow … Continue reading
Can you feel the panic in the air? CNN Money’s Fear & Greed Index measures the amount of fear in the financial world on a scale from 0 to 100. The closer it is to zero, the higher the level of fear. Last Monday, the index was sitting at a reading of 36. As I … Continue reading
Was last week a preview of things to come? There are quite a few people out there that believe that the stock market would begin to decline in July, and that appears to be precisely what is happening. By Michael Snyder Last week, the Dow Jones Industrial Average fell by more than 530 points. It … Continue reading
Originally posted on The Monetary Express:
Japan and Oman have taken another bold step in strengthening ties between the two countries by penning a new investment agreement, with the terms of such agreement to come into fruition in the next few months according to Japan’s ambassador to the Sultanate. The objective of the agreement is…
“A 5.6 magnitude earthquake has struck Tokyo and nearby areas, the Japan Meteorological Agency said, setting off alarms and halting the city’s subway system,” RT reports. The earthquake struck at about 2:28pm local time at a depth of 50km, weather services reported. USGS, however, put the Japanese earthquake at a magnitude of 5.3. The tremor … Continue reading
By Mark Mobius, Templeton Emerging Markets Group Investing in frontier markets can come with a higher degree of volatility than more established markets, but to my team and me, they offer exciting potential. Some of yesterday’s small, agrarian economies have transformed themselves into global powers today—China being the most impressive example. China represents the second-largest economy … Continue reading
“Another radioactive water leak in the sea has been detected at the crippled Fukushima nuclear plant, the facility’s operator TEPCO announced. Contamination levels in the gutter reportedly spiked up 70 times over regular readings” RT reported today. The levels of contamination were between 50 and 70 times higher than Fukushima’s already elevated radioactive status, and … Continue reading