Michael Shedlock's picture

Bitcoin hit an all-time high of $1,172.09. Traders are happy because the SEC is expected to rule on a Bitcoin ETF by March 11. Meanwhile, Bloomberg reports China Is Developing its Own Digital Currency.

Marc Chandler's picture

The focus in the market is shifting away from the Federal Reserve, for which the consensus recognizes that the FOMC minutes probably make a March hike less likely. The CME's calculations put the odds at less than 18%, while the Bloomberg estimate...

Kurt Kallaus's picture

The stock market is a major leading indicator that rallies on optimism in the economy. Stocks represent the sum progress of companies in the present with a premium for what is expected in the future. Often these economic...

Jeffrey D Saut's picture

Something similar to this “new queen bee” story is happening now. The “old queen” has been the Federal Reserve and monetary policy. The “new queen” appears to be the White House and fiscal policy. The White House seems...

Matthew Kerkhoff's picture

This post-election stock market rally has been exciting and profitable, but it has also become long in the tooth. After going nowhere for almost two years, the Industrials shot from 18,000 to 19,000 in about a two-week period, took out...

Gary Dorsch's picture

A French abandonment of the EU and the Euro would essentially mean the bloc losing its second- and third-biggest economies at the ballot box in the space of less than a year. However, Le Pen would still need to garner enough support in parliament to call for a referendum...

Adrian Ash's picture

Gold prices fell below $1230 per ounce in London trade Tuesday morning, losing 1% from last week's finish as US traders returned from the President's Day holiday focused on how Donald Trump and rising inflation could see the...

James J Puplava CFP's picture

There are close to 76 million baby Boomers (born between 1946 and 1964) alive today representing 28% of the total US population. Starting in 2011, an estimated 10,000 Boomers have been retiring every day and that trend will continue for at least another 10...

Urban Carmel's picture

In the past year, S&P profits have grown 46% yoy. Sales are 4.5% higher. By some measures, profit margins are back at their prior highs. This is a remarkable turnaround from a year ago when profits had declined by 15% and most investors...

Matthew Kerkhoff's picture

After years of fighting against the forces of deflation, many areas of the world, including the US, are experiencing a rebound in inflation and growth prospects. The promise of rising prices and accelerating economic growth are causing asset...

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