Money and Markets columnists take a look at key financial and political events around the globe. Here are summaries of stories from this past trading week, each with a link to the full article online.
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5 Wall Street scams … Does your broker encourage you to trade too often? Does your financial planner tell you to “buy and hold”? Have you ever chased your losses or cut your gains? If so, read more here … |
Blue Apron sells kits for harried folks who can’t find time to cook healthy meals. Unfortunately, the company hasn’t found the recipe for stock market success. Credit: Pixabay. |
Wall Street Sells the Sizzle Not the Steak
Wall Streeters care about selling stock so they can collect commissions and other perks. And they don’t care about whether you make money or not. Case in point, says Jon Markman, the Blue Apron fiasco.
Wall Street’s Accounting Hocus-Pocus Turns Losers into Winners
British Prime Minister Benjamin Disraeli once said: “There are three kinds of lies: Lies, damned lies and statistics.” According to veteran stock analyst Tony Sagami, we may want to expand that infamous list to include “corporate accounting.” Read his report here.
Brace Yourself for the Dreaded Debt Ceiling Debate
One of the longest-running dramas in Washington, D.C., is about to play out on Capitol Hill. We’re talking about the dreaded debt-ceiling debate. Buckle up, says Mike Burnick, because this time it should be a doozy.
The Secret Rally No One Is Telling You About
In the commodities markets, gold and silver are getting upstaged by industrial metals like aluminum, copper, lead and zinc. Why? Sean Brodrick explains the trend and recommends way to profit from it. Read Sean’s report here.
The secret revealed: How gold insiders really get rich — the one gold investment that returns $68 for every $1 rise in gold …Â Â Read More Here … |
Airlines Finally Upgrade Customer Service
The commercial airlines have been the butt of customer service jokes for years. Now, they hope new software will help them provide a better all-around experience for passengers, says Jon Markman. Get first-class background here.
Is This a New Bull Market in Gold?
Analysts have been sounding the trumpets to buy gold now! They’re half-right. Consider buying on dips during the coming roller coaster of gold prices. Then plan to back up the truck, says David Dutkewych, if the yellow metal follows projections and takes off in December.
My Bold End-of-Year Prediction
The end of summer marks a perfect time for everyday investors to reassess their investments and prep their portfolios for the post-Labor Day race to year-end profit opportunities. Financial wizard Bill Hall tells you how to do it here.
The Money and Markets Team