by Marcus Leroux. The start of this year has been the worst for financial markets since the onset of the Great Depression, with stock prices slumping around the world amid mounting concern over the situation in China. A wave of selling has swept the world’s leading financial centres over the past two weeks, with the value of Britain’s ... MORE
Showing posts with label market. Show all posts
Showing posts with label market. Show all posts
Markets Suffer Worst Start To Year Since Great Depression
by Marcus Leroux. The start of this year has been the worst for financial markets since the onset of the Great Depression, with stock prices slumping around the world amid mounting concern over the situation in China. A wave of selling has swept the world’s leading financial centres over the past two weeks, with the value of Britain’s ... MOREJohn Stossel: Bettors Beat The Pundits
Who puts their money where their mouth is? Want to know who the next president will be? Don't trust polls or pundits. Betting odds at ElectionBettingOdds.com are the best predictor of who will win any election. Pundits have a terrible track record. Last election, Newt Gingrich and Dick Morris forecast a Romney "landslide." Rush Limbaugh ... MORE
John Stossel: Market Magic
If people need it, the market does it. People have long lists of things they think the market can't possibly do — from building subways to fighting wars. Sometimes, the market does them anyway. War, for example. Even conservatives, who often praise markets, assume that only government can fight terrorists. Tell that to Matthew VanDyke. ... MOREJohn Stossel: Breaking The Rules
Innovators are the true public servants. Humans need rules. Rules make life more predictable. But when the rules multiply, the world needs some rule-breakers. The creator of the underground website Silk Road, Ross Ulbricht, was sentenced to life in prison for creating an online space that allowed people to use bitcoins to buy and sell things. ... MOREAugur Could Be The Greatest Gambling Platform In History. Is There Anything The Government Can Do To Stop It?
by Jim Epstein. The wisdom of the crowds. An online gambling platform could do to the neighborhood bookie what electric refrigerators did to the ice delivery man. Coming this fall, Augur will allow participants to wager money on any future event of their choosing. Software will set the odds, collect the bets, and disperse the winnings. The price alone ... MORE
George Will: The 'Progressive' Burger Company
Social responsibility is a poor substitute for taste. In January, McDonald’s said kale would never replace lettuce on its burgers. In May, however, it said it will test kale in a breakfast meal. Kale might or might not cause construction workers to turn at 6 a.m. into McDonald’s. McDonald’s also says its milk will soon be without artificial ... MORETyler Durden: Alan Greenspan Is Warning Of A Significant Market Event; Predicts Gold To Go Measurably Higher
"Something big is going to happen." With the Federal Reserve printing trillions upon trillions of dollars to keep the economic system afloat, many investors and financial pundits have surmised that the fundamental economic problems facing the United States during the crash of 2008 have been resolved. Stocks are, after all, at historic ... MOREWalter E Williams: Defense Against Demagogues
Economic ignorance used as a political tool. When gasoline sold at record prices, Sen. Bernie Sanders, I-Vt., said, "I think it's time to say to these people, 'Stop ripping off the American people.'" When the average price of regular gas was close to $4 a gallon, Sen. Chuck Schumer, D-N.Y., called for Congress to look into breaking up giant oil companies. ... MOREJohn Stossel: Government Vs. Giving
Step aside Uncle Sam. It's the season for giving. That doesn't mean it's the season for government. Government creates loyalty in the minds of citizens by pretending to be Santa Claus, doling out gifts and favors. Politicians claim they help those unfortunates who aren't helped by coldhearted capitalism. The truth is, government gets in the ... MOREThe Legacy Of Obama's Health Care Lies
by Peter Suderman. Less than a week before the
October launch of the Affordable Care Act’s health insurance
exchanges, President Obama delivered a speech in Largo, Maryland
explaining how the new health care would work, and what Americans
in different circumstances could expect. “Even before the Affordable Care Act fully takes effect, about
85 ... MOREPeter Schiff: Record Physical Gold Sales
Best hedge against inflation. Peter Schiff appeared on Fox Business this morning to talk about the market’s perception of gold, the extraordinary surge in gold sales this month, and hidden inflation in the US and Japan. “Gold has been up for 12 consecutive years. It’s entitled to a correction. It’s incredible how the media has jumped all over ... MORE
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