Satyajit Das, a derivatives expert, former banker, and author of numerous books, explains why the U.S. has the upper hand against foreign nations and other emerging markets due to its very powerful arsenal of "financial weapons of mass destruction."
The markets have gotten off to a rocky start this year with the S&P 500 down more than 3% year-to-date and the Dow Industrials down more than 4%. Such weakness is not surprising given how bullish and overbought the market was entering 2014.
It transpired last week that of the 43-odd tonnes per annum the Bundesbank expects to be returned from the New York Fed only 5 tonnes arrived in 2013. Furthermore, of the 373.7 tonnes stored with the Banque de France only 32 tonnes was delivered.
Yes people are working longer, but in relation to the number of people moving from one demographic group to the next, huge numbers of retirement-aged people have dropped out of the labor force en masse...
When the U.S. markets are healthy, overseas concerns often get overlooked. You have seen headlines about China recently, but may not have taken the time to click-through.
In the following excerpts from this week's interviews, Jeffrey Saut discusses his 2014 outlook for the stock market, Frank Holmes offers his recommendations on the safest way to play gold stocks, Alex Daley discusses game-changers in the technology space, and Jim Puplava addresses whether we're in a stock market bubble.