A Bullish start to the week is underway, fueled by hopes of easing US-China tensions and signals US President Donald Trump will try to track down some coronavirus treatments. Hopes also build that markets will receive supportive remarks from Federal Reserve Chairman Jerome Powell at the central bank in Jackson …
Read More »Invest in tech indexes, but hedge your bets with fine wind and stamps, says this strategist
“Fine wine and stamps, as well as art and other collectibles, because investors have the correlation for tech business stocks and other asset classes and as such can serve as an effective hedge,” said Paul Cuatrecasas, CEO of Aquaa Partners. REUTERS / Regis Duvignau / Triemfoto regis duvignau / Reuters …
Read More »Gold prices are higher to stop disk, but mark first back-to-back weekly fall since March
Gold futures took a small gain on Friday to stop a third consecutive slide, but the advance of the precious metal for the day was not enough to prevent the first back-to-back weekly declines since the COVID-19 pandemic began in March . Experts say a resurgence in US dollar investors …
Read More »Gold prices end lower, falling more than 2% as the dollar slides; copper books highest settlement since 2018
Gold prices plunged sharply on Wednesday, ending a two-day string of gains as the U.S. dollar stopped its skid and as commodity investors watched minutes from the Federal Reserve’s July policy meeting, which could provide further insight into the central banker’s perspective for US and global business. Market participants will …
Read More »Investor whose winning stock market returned amid coronavirus above 4.100% says ‘we are in a boom-and-bust cycle, an epic, monumental boom-bust cycle’
“ “We’re in a boom-and-bust cycle, an epic, monumental boom-bust cycle and this is really what a strategy like Universa’s is here for.” ” – Mark Spitznagel Mark Spitznagel, founder of Universa Investments, told CNBC during a Monday interview why he thinks market participants should apply a modicum of caution …
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