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Market Shorts – Gold Takes a Healthy Breather
Source: Zero Hedge "Based on what I am seeing today in the data, the balance of probabilities signal a move in Gold back up to the 1360s and 70s, once we hit bottom here shortly...Following that pullback, Gold is likely heading to new highs later this year, as the...
Market Shorts – As Lending Standards Fall, Worries of a New Bust Rise
Source: Mises.org In the run-up to the crisis, US financial institutions heavily invested in particular types of CDOs called mortgage-backed securities, which essentially packaged together mortgages from a wide array of different locations. It was thought unlikely...
Market Shorts – US existing home sales fall sharply to 3-year low
Source: CNBC "U.S. home sales fell in January to their lowest level in more than three years and house prices rose only modestly, suggesting a further loss of momentum in the housing market. The National Association of Realtors said on Thursday existing home sales...
Market Shorts – Investors Sound Warning About Markets’ Complacency on Interest Rates
Source: Wall Street Journal "Stocks and bonds are rising on bets that the Federal Reserve has ended its nearly four-year campaign of interest-rate increases, worrying investors who believe the central bank could upend those expectations later this year....Some believe...
Market Shorts – When trouble strikes, where should you hide? The case for gold
Source: The Economist "Imagine the world economy goes into a tailspin. There is panic selling of risky assets. Where should you seek safety? Cash is the most liquid asset; but which kind? The dollar is a natural focal point. Yet America's fiscal indiscipline and its...
Market Shorts – Chinese hackers are ramping up attacks on US companies
Source: CNN Business "Hackers in China have significantly stepped up attacks on US companies as the two countries have clashed over trade and technology. Top cybersecurity firm CrowdStrike saw 'a big resurgence' last year in efforts by China-based groups to break into...
Market Shorts – JP Morgan is rolling out the first US bank-backed cryptocurrency to transform payments business
Source: CNBC “The first cryptocurrency created by a major U.S. bank is here — and it's from J.P. Morgan Chase.The lender moves more than $6 trillion around the world every day for corporations in its massive wholesale payments business. In trials set to start in a few...
Market Shorts – Do you have enough retirement savings to last 23 years?
Source: Marketwatch "Looking at the income, living expenses and lifespans of today's retirees can help you make the right financial moves so your golden years aren't tarnished by an unexpected shortfall....The average remaining life expectancy of someone who's made it...
Market Shorts – Public employees are living longer than expected, deepening state pension crisis
Source: City Journal "The second-longest bull market in American history hasn't stopped the deterioration of state and local pension funds, whose unfunded debt has almost quadrupled - by their own accounting - from about $360 billion in 2007 to $1.4 trillion today....
Market Shorts – A looming retirement crisis threatens us and future generations
Source: CNBC "Every day, millions of Americans go to their jobs, work hard, and play by the rules to pay the bills and put food on the table each night. But they often struggle to then find any way to save for retirement. Currently, almost half of all American...
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