Dark Scenario with Silver Lining
Martin D. Weiss explains how you can — and why you probably must — create your own safe paradise amid all the global turmoil, whether it’s where you live now or elsewhere. He shows you why the turmoil in today’s world is a sign that you should start working on this sooner rather than later. And how that same turmoil actually has a silver lining, making it much easier for you to do so. Click here to read more.
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| Would legal sports wagering help save the casino industry and overall state finances in New Jersey? |
Wanna Bet? You Can’t Just Yet!
Sports betting was all set to become legal in New Jersey, and casinos and race tracks were gearing up to accept wagers on football, basketball, baseball and other games. That would have made it the fifth state to make sports wagering legal and likely set off moves in other states to join the trend. But a federal judge stepped in and stopped the move. Who’s for and who’s against legalized sports wagering? Click here to read more and add your view point as well.
Gold: The Ultimate Store of Value?
Over the past couple of weeks, gold has managed a meager rally. Yet, despite the rally, gold has already given off a major sell signal. And another one looms ahead. Ditto for silver. What’s going on? Read more from Larry Edelson by clicking here.
QE3 R.I.P — What it Could Mean for Stocks
The Federal Reserve followed through on its well-telegraphed intent to end quantitative easing (QE) as planned this month. Now investors wonder how this milestone will impact markets, if at all. Get Mike Burnick’s take by clicking here.
Spooky Signs for Housing Market!
We got through the trick-or-treats of Halloween. But there’s still some scary signs out there. Click here to get Mike Larson’s take on the housing market.
The Week’s Hot News
Money and Markets columnist Mike Larson and others take a look at key financial and political events around the globe after the market close. Here are the week’s highlights:
New Perspectives, New Risks
Sometimes a change in scenery or daily routine can offer you a new perspective on other things. Like the markets. Mike Larson takes a look at the new risks in the markets. Get his take on the situation by clicking here.
Can Economy Stand on Its Own?
The Fed’s so-called, whiz-bang interest-rate and QE policies — directed specifically at housing and mortgage markets — have delivered nothing for Main Street, even as they’ve helped Wall Street immensely! But now that Q3 is finished, can the U.S. economy stand on its own? Read more by clicking here.
Do GDP Numbers Translate to Your Situation?
We got our first read on third-quarter GDP growth — and boy were the numbers strong! The U.S. economy grew at a 3.5 percent rate in the third quarter, well above the 3.1 percent rate that was expected. But is that how it really feels in YOUR neighborhood? At YOUR job? Or in YOUR portfolio? Click here to get Mike’s take on the latest numbers and the real world.
Best wishes,
The Money and Markets Team
{ 1 comment }
Hi all
From the days of the savings and loans scandals to the present we have watched while out of control bubbles burst, causing this financial mess to grow even larger. Each time the Ponzi scheme has grown and caused pain, it had been helped by the winding back of protective legislation that controlled risk. So risk grew and with it the packaging of loans into Collateralised Debt Obligation’s and riskier CDS’s, with many other financially inventive products that were sold off to unsuspecting pension funds adding to risk. This free market financial experiment became too big to fail. Now we have the central banks trying to manage this risk. What has been destroyed in all of this is TRUST, the one fundamental basic of western political and financial survival. Without TRUST, people become more nervous and less likely to spend. Investors in new business start-up’s, the core of confidence in a country’s economic success, become riskier. Without effective legislation to control lending risk, TRUST has become compromised and we still have the debt. While the proponents of QE1,2,an 3 are all congratulating themselves on saving the financial system and jobs, if they dug a little deeper and searched the real economy, they would find that it is missing something. We are missing financial, political and legislative leadership we can TRUST. Because TRUST brings with it, a sense of confidence. We are desperate to have back this playing field we can all TRUST. Not just for the movers and shakers, but more importantly for the mom’s and dad’s who are trying to grow this country and help it survive.