Are silver prices about to hit $64.00? Is the Dow Jones Industrial Average about to crash 30%? Could Donald Trump really win the GOP nomination?
Summer is drawing to a close, which means business is starting to pick up here at Profit Confidential. Brew yourself a fresh.
Like dominos, the global markets plunged on Monday, sparked by concerns about the health of China’s economy. In the wake of the worldwide sell-off, many nervous investors are wondering how they should invest after Black Monday.
Global Markets Plummet on Black.
Tesla Motors Inc.’s (NASDAQ: TSLA) stock price surged on Thursday August 27th. With the backdrop of a surge in the overall market, Tesla’s shares also benefited from a product review. According to renowned product testing agency Consumer Reports, Tesla’s.
It’s amazing how quickly markets can shift their perceptions of a commodity. This latest oil price rally is purely psychological and has very little to do with actual market fundamentals, which are still alarmingly soft if the latest data is to be believed.
There’s a lot of bombast in the midst of China’s stock market crash, but a nugget of truth has emerged from an unlikely source: Donald Trump. Currently the frontrunner for the Republican nomination for president, Trump’s political motivations can be questioned,.
The ripples from China’s stock market crash are finally hitting American shores, causing significant damage to Apple Inc. (NASDAQ:AAPL) in particular. Declining equity prices and falling exports forced a devaluation of the yuan, causing the currency to weaken.
Despite his cartoonish ways, Donald Trump occasionally makes a decent point. In recent interviews, the presidential hopeful took aim at a little-known tax loophole designed almost exclusively for hedge fund managers. Although Trump has previously made outlandish.
China’s stock market crash has left the global financial system teetering on the verge of a meltdown, and it has the folks on Main Street worried.
According to Google Trends, Americans are searching more for “economic collapse” now than at any point since the.
Congress and the Federal Reserve have created a massive stock market bubble that risks plunging the world into a complete economic collapse in 2016. At least, that’s the opinion of former Congressman Ron Paul.
“Socialism fails always.
Despite being abandoned by the mainstream financial world, one country has been quietly stockpiling massive quantities of gold—China.
In June, Chinese gold imports from Hong Kong rose 58%, indicating strong demand in the world’s top bullion consumer. Net.
Immediate term outlook:
The bear market rally in stocks that started in March 2009, extended because of unprecedented central bank money printing, is coming to an end. Gold bullion is up $1,000 an ounce since we first recommended it in 2002 and we are still bullish on the physical metal.
Short-to-medium term outlook:
World economies are entering their slowest growth period since 2009. The Chinese economy grew last year at its slowest pace in 24 years. Japan is in recession. The eurozone is in depression. With almost half the S&P 500 companies deriving revenue outside the U.S., slower world economic growth will negatively impact revenue and earnings growth of American companies. Domestically, America’s gross domestic product grew by only a meager 2.3% in the second quarter, which will negatively impact an already overpriced equity market.
Estimates Aug. 30, 2015
Trailing 12-month EPS for Dow Jones companies (Most Recent Quarter)