A property bubble is brewing in the East, and it’s probably got another year or two before prices severely correct. Successful Hong Kong-based money manager Puru Saxena tells Financial Sense Newshour listeners in a recent interview how home affordability in Hong Kong and China is now “off the charts”.
A number of investors have subscribed to the theory that we are entering a new era of global energy abundance, led by technological advances in horizontal drilling and hydraulic fracturing. The domestic price of natural gas in the U.S. has plummeted, and...
At the outset of World War II, the German Luftwaffe attached an ear-splitting siren — the Jericho Trumpet — to the Junker Ju-87 dive-bomber, commonly called the Stuka. Dive-bombers are wonderful tactical aircraft if you have control of the skies, highly effective against tanks, vehicles of all sorts, even smaller ships, but...
In his masterpiece The General Theory of Employment, Interest and Money John Maynard Keynes referred to what he called the 'euthanasia of the rentier'. Keynes argued that interest rates should be lowered to the point where it secures full employment (through an increase in investments).
Currently, market breadth is very strong with over 80% of stocks in long-term upward trends and does not indicate a top is in the process of being formed. Also, more than 92% of the 50 states in the US are experiencing economic growth and the risk of a recession is quite remote.
It’s been dubbed the “Least Loved” Bull market in history. The US-stock market rally is now 57-months old, and over this time period, the S&P-500 index has climbed a “wall of worry,” rising +170% from its March 9th, 2009 low, and hitting an all-time high, above the 1,800-level.
In the last 40 years, gold has gone through two great bull markets, with a miserable 20-year period of sideways-to-lower prices in between. As that frustrating 20-year period unfolded, gold’s many fans had no idea what lie ahead, what those 20 years would bring.