Right now, there is a tug-of-war between cyclical stocks and what has become the defensive game, the tech sector, apparently on a daily basis. “Washington and the Fed continue to push money into the system. And if the economy remains weak, then bonds and defense will do quite well, ”says …
Read More »This is what is behind the ‘perfect storm’ that causes silver prices to rise
It is difficult to find an asset in more than one roll than in silver. On Tuesday, silver for delivery in September SI00, + 4.25% It rose nearly 7%, the highest settlement since March 2014, and 83% above its March lows. Silver also rose in the early hours of Wednesday. …
Read More »The doctor behind a cognitive test Trump did says ‘it’s supposed to be easy’
The doctor who developed a widely used test that detects early signs of dementia and Alzheimer’s disease says that cognition is “a pertinent question” during a presidential election with suspected candidates over the age of 70. The problem is that both sides of the political divide are interpreting this. wrong …
Read More »Unemployment claims fall to post-pandemic low of 1.3 million, but layoffs could start to rise again as states close businesses again
The numbers: Initial jobless claims fell slightly in the second week of July to a post-pandemic low of 1.30 million, but the decline reluctantly points to continued stress on the economy as the United States struggles to cope with the latest outbreak of coronavirus. New claims for unemployment benefits, a …
Read More »It’s time for investors to stop buying stocks that are “incredibly decoupled” from reality, economist warns
“ “The investment challenge could well change in the coming months from going through an exceptional wave of liquidity, which raised virtually all asset prices, to going through a general price correction and complex individual defaults.” “ That is Mohamed El-Erian, Allianz’s chief economic adviser, speaking about what investors should …
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