Breaking Down America’s Worst Long-Term Challenges: #4 Erosion of the Middle Class
We’ve all seen the headlines: The middle class in the United States (and much of Europe for that matter) has been in decline for years.
Jun 04, 2018 | Simon Black |
Smart Money Is Moving Into Gold as Volatility Returns
Two months ago, Forbes hosted a conference featuring 25 world-famous asset managers, investment experts, and economists, who discussed their economic outlook and predictions. Forbes reports they have never seen so many high-profile investors mention gold as a safety net—and that includes some who were previously hard-core gold bears.
Jun 04, 2018 | Olivier Garret |
The Myths of Stocks for the Long Run
One would think that following two major market corrections of over 50% within the last two decades, investors would have a better appreciation for how much time it takes to compound your way out of losses. While buy-and-hold investors who stayed true to their strategy over the last two decades are indeed ahead, they lost many years of valuable compounding in a quest to “get back to even.”
Jun 04, 2018 | Lance Roberts |
The 15 States Making America’s Pension Crisis Worse
For many people, saving for retirement isn’t easy, and it’s getting harder. If you think you’re safe because you have a pension, think again. A huge shortfall globally means millions of pensions aren’t safe. The United States is more than $6 trillion short of where it needs to be right now and is tracking to be $137 trillion short by 2050. Every state has pension shortfalls, but some are worse than others. These are the 15 states making America’s pension crisis worse.
Jun 03, 2018 | Jason Rossi |
LME Plans to Launch Yuan-Denominated Metals Futures Markets
In a sign the currency’s status in international finance is on the rise—and just a few short weeks after China unveiled its Yuan-denominated oil futures contract—the CEO of the London Metal Exchange has confirmed that it is planning to introduce yuan-denominated metal products.
May 24, 2018 | ZeroHedge |
Petroyuan Is Only the Beginning, Pop Goes the Metals Market
Now, we’re seeing the next evolution of the power of owning the exchange. After successfully launching a yuan-denominated gold futures contract last year, the LME is preparing to issue a range of yuan-denominated metals futures.
In other words… Boom.
May 24, 2018 | Tom Luongo |