Here’s a quick, executive summary of stories from this past trading week, with a link to the full articles online.
U.S. Government Agencies Signal Recession Ahead
When no-name naysayers opine that the U.S. economy is headed into a tailspin, you can often take it with a grain of salt. But when credible, well-established government agencies issue hard data denoting a big decline, it’s a different story. Dr. Martin Weiss explains the concerning statistics. Â
Small-, Mid-Caps Lag in October Rally
If the S&P 500 is rallying off its Sept. 29 lows, why are so many small- and mid-caps finishing in the red? Jon Markman explains why this is not typical of risk-on rallies.
Despite falling global demand, OPEC members are not cutting production like they might have in prior years. Impact: No relief from record lows. |
Why the Dow Industrials Will Eventually See 31,000+
Analyzing the ratio of the Dow Jones Industrial Average to gold isn’t a simple task, but it forms the basis for Larry Edelson’s bold prediction. Find out why the Dow is set to rocket past 30,000 according to Larry.
Can Emerging Markets Keep Outperforming?
China was just one of several emerging-market economies largely responsible for triggering the panic selloff in stocks over the summer, but it looks like a rebound is in sight for the emerging market ETF. Can the rally last? Mike Burnick explains.
Troubling Market Thoughts Ahead of My European Trip
Mike Larson prepares to give one of his most bearish messages to his subscribers across the pond. Read his pre-travel thoughts here.
The Week’s Hot News
Money and Markets columnist Mike Larson takes a look at key financial and political events around the globe after the market close. Here are the week’s highlights:
Are Investors Too Stuffed to Swallow More Junk?
Junk bond investors are stuffed to the gills, but Wall Street keeps serving up bigger platters of the stuff. Read about some of the companies issuing massive amounts of junk debts that are reaching historical proportions.
The Handful of Stocks I DO Like
The junk bond market is reeling, the easy money is drying up, and IPOs are struggling. But even still, it’s possible to find stocks that can thrive in a bear-like market. Mike gives you his top picks.
Valeant Massacre Sparks Bio-Bloodbath
The biotechnology firm was already under political pressure, having been subpoenaed for information on its distribution and pricing strategies by federal and state prosecutors. Now, shares are plunging in value. Find out why.
The Trick Plays …
There are signs of chaos, disorganization and desperation among corporate leaders. What’s going on? Mike explains.
Best wishes,
The Money and Markets Team
{ 2 comments }
a recession is far off in the future, this is just a correction. the next pullback, which will happen any day now is called a bear trap and i’ll buy into it. dumb money is fueling this rally as they feel they are being left behind and will soon sell at a loss as smart money returns to the market in full force. a little more patience will do it.
Please note my new e-mail address thanks