Warren Buffett believes economists do not add value for investors. In a 2016 interview video clip found using CNBC’s Warren Buffett Archive, the billionaire investor explained why he does not give much credence to financial market predictions from economists. “I don’t pay any attention to what economists say, […]
Crude oil prices have rallied by more than 30 percent since early February and investors are growing more confident...
U.S. stocks held lower in choppy trade Tuesday after weaker-than-expected Chinese trade data renewed concerns about...
This is what’s really wrong with oil In mid-2014, crude oil prices were about $100, depending on which grade you...
Last week US stock markets tumbled yet again, leaving the Dow Jones index down almost 1500 points for the year. In fact, most major world markets are in negative territory this year. There are many Wall Street cheerleaders who are trying to say that this is just a technical correction, […]Read more ›
A strong rebound in oil prices and an encouraging report on U.S. retail sales helped lift North American stock markets Friday. Financial and energy companies were among the biggest gainers on rare positive day for equities. Oil was up more than 11 per cent. The TSX composite index ended the […]Read more ›
Two big technology companies this week provided more evidence that the global economy is slowing and possibly even headed toward a recession. Executives at Cisco Systems (CSCO) and Nokia (), as they reported their most recent quarterly results, both warned of a major slowdown in orders from their corporate customers […]Read more ›
Stocks (^DJI, ^GSPC, ^IXIC) getting pummeled on concerns about European financial firms and falling oil (OIL) prices. To discuss that and some of the other big stories of the day are Yahoo Finance’s Alexis Christophorous, Yahoo Finance Columnist Rick Newman and Kevin Mahn, CIO, Hennion & Walsh Asset Management. Overseas woes for Google, Facebook […]Read more ›
The war on cash is escalating faster than many had imagined. Having documented the growing calls from the elites and propagandist explanations of the “benefits” to their serfs over the last few years, with China, and The IMF entering the “cashless society” call most recently, International Business Times reports that […]Read more ›