The largesse of central banks to Wall Street has unabashedly left Flyover America behind. Central bankers have risen from elite ranks to look out for one another in their circle. At the Daily Reckoning our editors investigate exactly what that means for our economy, the markets and your money. The power and influence of central banks has reached unforeseen highs and requires vigilant attention to safeguard against the negative impact from looming economic ruin.
BY Callum Newman POSTED December 11, 2017
If you ask me, the ASX is brewing for a run into the end of the year. Opportunities come and go all the time, but Christmas only comes once a year.
...and the Hidden Opportunity
You don’t need us to tell you about Australia’s debt.
We’re at record levels in this country.
Do you stay out of the market and keep your cash on the sidelines? Or do you get
in on the action?
You will know exactly what to do by the end of this report…
BY James Rickards POSTED December 07, 2017
Did you see this? News has crossed my desk this morning that the Commonwealth Bank is saying it’s going to issue a […]
BY James Altucher POSTED December 05, 2017
While the establishment was dismissing the technology as a fad, early adopters like myself were heavily investing in it and making fortunes. The same thing is happening with cryptocurrencies. Capitalism is 100% about innovation. The famous invisible hand has been written about since the 1700s. It guides capitalism through all the ups and downs of the economy, through depressions, recessions, wars, and so on.
BY Callum Newman POSTED December 04, 2017
I can think of few assets that have global recognition and such ease of access. Global demand, but a limited supply… Of course, any market contains sellers, profit takers and bears. Bitcoin is no different here. The same wave that can surge around the world can turn and go back the other way. But the recent dips in bitcoin have been quickly brought back up. That looks very bullish to me…