Thursday, October 27, 2016

TheStreet: How a 'Bad Moon Rising' Could Break Gold's Breathtaking Fall

By SIMON CONSTABLE

Ouch! Gold prices hit the skids recently.
The question is simple: Is this a normal pullback, or is something bigger afoot?
The answer depends on how much global turmoil you see on the horizon, given Britain's decision to leave the European Union, slowing growth in China and Donald Trump's noncommittal stance on accepting the results of the U.S. presidential election. Read more here.

Wednesday, October 26, 2016

TheStreet: Did Government Dithering Cause Secular Stagnation?

By SIMON CONSTABLE
The secular stagnation meme just got torpedoed.
Exceptionally high uncertainty over government policies around the globe is responsible for the period of sluggish growth we've seen since the financial crisis, according to new research which appears to refute the ideas of a former Treasury chief.
"The elevated levels of global policy uncertainty in the past five years compared even to the crisis years of 2008-09 is remarkable," states the October-dated paper titled "An Index of Global Economic Policy Uncertainty" by Steven Davis, professor of international business and economics at the University of Chicago Booth School of Business. Read more here.

Tuesday, October 25, 2016

U.S. News: Investors Have to Be Careful With Real Estate

By SIMON CONSTABLE


The housing market isn't getting red hot any time soon. So instead of just throwing money at anything related to real estate, investors wanting exposure to the housing sector will need to be careful how they put their cash to work.
The matter stems from a change in attitude from the largest generation of U.S. residents – those 75 million people born between 1981 and 1997, a.k.a. the millennials, according to the Pew Research Center.
Housing and economic growth were once synonymous. From the end of World War II up until the financial crisis of 2008-09 there wasn't a single recovery that didn't involve housing playing a major role. Then things changed, and how. Read more here.

Forbes: ObamaCare Just Made My Eyes Water

By SIMON CONSTABLE

Thanks ObamaCare! You just made my eyes water.
The same is probably true for many other people.
Bad News
In an economy where inflation is said to be subdued, premiums for The Affordable Care Act are set to jump by an average of 25% next year, according to new government figures. That’s the just the average. It means some people will see increases of even more than that.
My eyes are still watering. Read more here.

Outside On The Street: Why Restaurant Wine Is A Ripoff

By SIMON CONSTABLE

Wine connoisseur Mark Oldman explains how to make the best use of your money when buying wine at dinner.

Monday, October 24, 2016

WSJ: Is Longevity Insurance Too Risky?

By SIMON CONSTABLE
The chance of a guaranteed lifetime income in old age seems like something risk-averse people would jump at.
Yet many of them are shunning a product—a type of annuity known as longevity insurance—designed to provide just that.
The problem, a recent study found, may stem from the need to make a large single payment to buy the insurance when people don’t know how long they are going to live. Such insurance typically starts paying a fixed monthly sum to beneficiaries when they reach age 80 or 85. But the payments stop when the policyholder dies. Read more here.