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     ...  MORE

John 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 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.  ... MORE

John 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.   ... MORE

Augur 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     ... MORE

Tyler 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      ... MORE

Walter 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. ... MORE

John 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    ... MORE

The 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  ... MORE

Peter 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