Probe of FBI agent leads to release of convicted drug dealers from prison … An investigation into possible misconduct by an FBI agent has forced authorities to quietly release at least a dozen convicts serving prison sentences for distributing drugs in the District and its suburbs, according to law enforcement officials, court documents and defense attorneys. – Washington PostDominant...Read More
Half a Century of Evidence to Fear the Fed … The hottest game in financial markets is trying to guess when the Federal Reserve will finally raise its benchmark interest rate. Fed officials have said that their main concern is over how much slack, or spare capacity, exists in the economy, because workers will become emboldened to ask for higher wages – and employers will come under pres...Read More
Probe of FBI agent leads to release of convicted drug dealers from prison … An investigation into possible misconduct by an FBI agent has forced authorities to quietly release at least a dozen convicts serving prison sentences for distributing drugs in the District and its suburbs, according to law enforcement officials, court documents and defense attorneys. – Washington PostDominant...Read More
China Is Very, Very, Very, Very Big … Larry Summers and Lant Pritchett have written a paper predicting a Chinese growth slowdown. In 2013, Barry Eichengreen, Donghyun Park, and Kwanho Shin wrote a paper with much the same message, which accurately predicted the recent Chinese slowdown from about 10 percent annual growth to about7.5 percent. In fact, the most basic model of economic growth, t...Read More
Gold Sharply Lower in Aftermath of Hawkish FOMC, Rallying Greenback; Silver Sinks to 4-Year Low … Gold prices ended the U.S. day session sharply lower and hit a three-week low Thursday. Precious metals have been hit hard by a stronger U.S. dollar and a surprisingly hawkish Federal Reserve. Silver prices slumped to a four-year low Thursday. December Comex gold was last down $25.50 at $1,199.4...Read More
China Is Very, Very, Very, Very Big … Larry Summers and Lant Pritchett have written a paper predicting a Chinese growth slowdown. In 2013, Barry Eichengreen, Donghyun Park, and Kwanho Shin wrote a paper with much the same message, which accurately predicted the recent Chinese slowdown from about 10 percent annual growth to about7.5 percent. In fact, the most basic model of economic growth, t...Read More
Gold Sharply Lower in Aftermath of Hawkish FOMC, Rallying Greenback; Silver Sinks to 4-Year Low … Gold prices ended the U.S. day session sharply lower and hit a three-week low Thursday. Precious metals have been hit hard by a stronger U.S. dollar and a surprisingly hawkish Federal Reserve. Silver prices slumped to a four-year low Thursday. December Comex gold was last down $25.50 at $1,199.4...Read More
The Fed's $4 Trillion Bet … The U.S. Federal Reserve announced … that it will halt the bond-buying program known as quantitative easing — one of the biggest experiments in economic policy ever attempted. The policy was a gamble, and it's too soon to be sure of the results. Nonetheless, the Fed was right to take the risk. – BloombergDominant Social Theme: Another bol...Read More
Enough! Mexico Is Ready to Explode … Mexico has been profoundly shaken by atrocities and high-level corruption in Guerrero. The earthquake's epicenter is Iguala, the state's third largest city. Fifty thousand marchers thronged Mexico City's main avenues last Wednesday, and demonstrations took place all over the country. More than 80 delegates to the Inter-University Assembly have...Read More
The Fed's $4 Trillion Bet … The U.S. Federal Reserve announced … that it will halt the bond-buying program known as quantitative easing — one of the biggest experiments in economic policy ever attempted. The policy was a gamble, and it's too soon to be sure of the results. Nonetheless, the Fed was right to take the risk. – BloombergDominant Social Theme: Another bol...Read More
Enough! Mexico Is Ready to Explode … Mexico has been profoundly shaken by atrocities and high-level corruption in Guerrero. The earthquake's epicenter is Iguala, the state's third largest city. Fifty thousand marchers thronged Mexico City's main avenues last Wednesday, and demonstrations took place all over the country. More than 80 delegates to the Inter-University Assembly have...Read More
To avoid risk, think like a trader, says Ken Norquay, a Hamilton, Ontario-based Chartered Market Technician (CMT) and author of Beyond the Bull, a book about behavioral finance and the impact of your personality on your long-term investments.In the wake of the financial crisis, U.S. stock markets hit a low in March, 2009. But in the five and a half years since then, they have been going up. The S&...Read More
Fundamental Analysis and Sentiment Analysis.News Calendar - Market Moving Events.Step by Step Process of Understanding Fundamentals.Investor Inspiration delivers unbiased investment information by providing a platform for top tier investors to both educate you and inform you about their products. Our primary method of delivering investment information is through webinars featuring multiple industr...Read More
Watch more videos at http://www.bcbusiness.ca/videosGet more local business insight at BC Business Online http://www.bcbusiness.caFollow us on Twitter http://twitter.com/bcbusinessLike us on Facebook http://www.facebook.com/bcbusinessRead More
Facebook third-quarter revenue rises 59 percent, shares down slightly … Facebook Inc's mobile ads powered the social network past Wall Street revenue targets in the third quarter, even as the company revealed deep losses in its recently acquired WhatsApp business. Shares of Facebook, which are roughly up 47 percent this year, were down less than one percent at $80.20 in extended trading...Read More
The NRA Comes Out in Support of Warrior Cops … The current issue of the National Rifle Association's American Warrior magazine just hit, and in it, the gun lobby comes out squarely in favor of warrior cops. An article titled, "If You Were a Cop, What Would You Drive?" opens with a photo of an armored personnel carrier-style vehicle juxtaposed with a Volkswagen van. Rick Stewart...Read More
Facebook third-quarter revenue rises 59 percent, shares down slightly … Facebook Inc's mobile ads powered the social network past Wall Street revenue targets in the third quarter, even as the company revealed deep losses in its recently acquired WhatsApp business. Shares of Facebook, which are roughly up 47 percent this year, were down less than one percent at $80.20 in extended trading...Read More
The NRA Comes Out in Support of Warrior Cops … The current issue of the National Rifle Association's American Warrior magazine just hit, and in it, the gun lobby comes out squarely in favor of warrior cops. An article titled, "If You Were a Cop, What Would You Drive?" opens with a photo of an armored personnel carrier-style vehicle juxtaposed with a Volkswagen van. Rick Stewart...Read More
The Fed has its critics, of course, and its unique constitutional dispensation is challenged from time to time, but its political independence is mostly seen as a good thing. Yet the idea of replicating that idea, and creating other permanent, semi-independent policy-making agencies, almost never comes up. There's a reason for that. It's hard to imagine that an independent fiscal agency, f...Read More
U.S.D.A. to Start Program to Support Local and Organic Farming … The organic food business in the United States reached $35 billion last year. The United States Department of Agriculture … will spend $52 million to support local and regional food systems like farmers' markets and food hubs and to spur research on organic farming. The local food movement has been one of the fastest...Read More