Following the trend of stock talk in today's PROFIT CONFIDENTIAL, I wanted to point your attention to something that's beating the odds in today's market. Riding on the coattails of the still strong Canadian dollar, the TSX Group Inc. has recorded a 35% increase in year-over-year profit. The…
Consumer spending drives about two-thirds of total spending in the United States. Such spending has been good for the recent renewal in our economy, as it is after any recession. This is likely why consumer confidence has been on a strong uptrend since December 2004, with the exception…
Thousands gathered in London on Wednesday morning to celebrate the announcement that the British city had been selected to host the 2012 Olympic Games. London will become the first city to host the games three times, and people there couldn't be more excited. Obviously, some of the excitement,…
I was happy to read last week that the G-8 Ministers have a plan to help relieve Africa of about $18 billion of debt. The U.S. and the U.K. are seeking support from Japan, France, and Germany for their strategy to assist 27 developing nations in Africa. The…
So here's the scenario: You've been thinking about buying a home for some time now Your savings account is modest, but there's enough there for a small down payment. You're waiting for the perfect opportunity to buy your dream home. Pretty soon, all your friends have bought beautiful,…
Scientific system found stocks that went up 34 to 219 times New scientific system finds most profitable stocks before they soar. It has even found stocks that went up an astonishing 34 to 219 times. I consider this system to be my true lifetime achievement. It would have…
The action in the bond market is going the wrong way -- that's the wrong way from what most bond investors had expected. What am I talking about? Billions of dollars are invested each day in U.S. Treasury Notes, the most popular long-term bonds being the U.S. 30-year…
Today's commentary, while still being financial-oriented, is more of a reflection on a concern of mine that has been increasingly occupying my thoughts over the past couple of years. To preface this discussion, please consider the following: -- Americans are net spenders, which means they tend to spend…
In the hope of not sounding too against-the-grain of conventional thought, here are my top five reasons why Greenspan will raise interest rates again this December: -- If Greenspan doesn't raise rates, he'll be admitting the U.S. economy is sluggish. This is something he wants to avoid at…
As of this morning, the U.S. dollar has fallen to record 10-year lows against the major foreign currencies--and investors are making a fortune on our dollar's currency collapse. I've extensively written about why the U.S. dollar is declining against other world currencies and why I believe the trend…
Earlier this week, the U.S. Department of Commerce released figures showing new home sales in the United States rose 9.4% in August. The media was "dancing in the street," as usual, with this news, reporting the jump in new home sales as another indicator that the U.S. economy…
The Bank of England was the first of the major central banks to raise interest rates. As we know, the U.S. Federal Reserve followed suit. Rates are also rising in countries like Canada. In general, central banks around the globe are raising interest rates. This could be perceived…
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Greenspan has pumped-up the stock market, run up the national debt, and told us that the economy is improving. But what he hasn't told you is about to affect everything you own. Here's the full story... plus what you must do now to protect yourself and profit from…