Markets

Is Bitcoin a Commodity? - Keith Weiner

September 25, 2017 Carl Menger, father of the Austrian School of Economics, showed the world that money is not the product of the state. He did not mean that government is intrinsically incapable of decreeing something to be money while other groups, organized for different purposes, could do it. H ...

San Fran Fed Argues US Aging Population Keeping Rates Low

Federal Reserve economists worry that the central bank may have a hard time lowering interest rates when future economic crises arise. The reason is fairly simple: Demographics. San Francisco Fed economists believe that the aging population in the U.S. is putting long-term downward pressure on rate ...

Ben on EM

While I was gone, one of the best things I ever read about emerging markets was done by my colleague Ben Carlson, writing for Bloomberg View. One of the stats that was really surprising to me: Emerging markets are highly volatile. Going back to the inception of the MSCI EM Index in 1988, 76 percent ...

Duy: "Has The Fed Abandoned Its Reaction Function?"

From economist Tim Duy at FedWatch: Has The Fed Abandoned Its Reaction Function? The immediate policy outcomes of the FOMC meeting were largely as expected. Central bankers left interest rates unchanged while announcing that the reduction of the balance sheet will begin in October as earlier outline ...

Storm Resources Ltd. Announces Graduation to Toronto Stock Exchange

CALGARY, ALBERTA–(Marketwired – Sept. 25, 2017) – NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS. Storm Resources Ltd. (“Storm” or the “Company“) ...

Gold Starts Off Week With Strong Gains

Gold has started the trading week with gains, pushing above the $1300 level. In North American trade, the spot price for an ounce of gold is $1308.47, up 0.92%. There are no US economic releases on the schedule, but FOMC member William Dudley spoke earlier, and we’ll also hear from Charles Evans ...

Wiser Choice – Ascent Solar (ASTI) Stock or Sunedison (SUNEQ) Stock

If you’re considering investing in solar, you’re likely making a very smart decision. As the world continues to focus on the damning ...

Precious Metals IRAs – They’re Easier Than You Think!

Many invest in precious metals to diversify their portfolios and hedge against global turbulence. Volatile markets and an ever-evolving political climate have produced a new awareness of alternative investment options and the peace of mind provided by physical asset ownership. Individual retirement ...

GBP/USD – Pound Edges Lower, BoE Sends Warning Over Consumer Lending Levels

The British pound has dropped lower in the Monday session. In North American trade, GBP/USD is trading at 1.3452, down 0.34% on the day. On the release front, the Bank of England released the Financial Policy Committee statement. There are no US economic releases, but there are three FOMC members ...

4 Reasons Why the Consumer (and the Economy) Are Still in Limbo

Consumer spending helps fuel the economy, but, as Russ explains, still sluggish spending continues to limit growth. ...