Picking up where it left off on Friday, the NASDAQ plunged 4%. Bringing the total loss for the past three trading days to double digits. A result that puts the index in correction territory. Of particular note though, is the big hit to tech stocks…
Dear Reader, …Try, try again! It seems no one is taking that instruction more seriously right now than the US Federal Reserve, which, as Jim Rickards explains below, is desperate to get inflation. Read all about the Fed’s latest plan below, along with another, far more sinister plan from the powers that be that could […]
US markets were closed last night for the Labor Day holiday. After the large sell-off last week, everyone is on tenterhooks to see whether a larger correction is on the way. I reckon it all hinges on US bonds…
Dear Reader, That’s the focus of today’s edition of The Daily Reckoning Australia. The Middle Kingdom may be flexing its muscle on the international stage, but internally things look very different. In fact, as Jim Rickards explains below, China is more vulnerable than you might think — particularly as political infighting continues to intensify. But […]
It’s not quite negative yet. But it’s getting mighty close. More money printing hijinks are afoot and a cash rate of .1% may as well be zero. What can we learn from countries that went negative though?
There’s something fishy about this stock market recovery. And today, we figure out what it might mean for you.
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