By SIMON CONSTABLE
Investors will hear or read about Wall Street professionals using contrary or contrarian indicators to predict which way asset prices will move. While the concept can be confusing to new investors, it may be particularly relevant now. Read more here.
By SIMON CONSTABLE
The Kingdom of Saudi Arabia is getting serious about going green.
At least its hard to make any other conclusion following an announcement made Monday by the country’s oil giant Aramco as well as other involved parties. However, you may have to read between the lines to understand the significance. Read more here.
By SIMON CONSTABLE
The U.S. economy continues to bounce back.
Its now estimated to be growing at the rip-roaring rate of 11% during the fourth quarter, according to the latest estimate from the Atlanta Fed dated November 25. Read more here.
By SIMON CONSTABLE
The Covid-19 pandemic continues to dog local labor markets in the U.S. And that’s why the government needs to step in with another round of fiscal stimulus or risk derailing the jobs recovery, according to a recent report from Deutsche Bank (DB). Read more here.
BY SIMON CONSTABLE
The recent fall in gold prices might not be over and investors should wait until the market stabilizes before buying the precious metal, experts say. Read more here.
By SIMON CONSTABLE
Investors in mutual funds and exchange-traded funds have been dumping their commodities holdings for five straight weeks, new data shows.
It could be a contrary indicator that it’s time to invest in commodities. Read more here.
By SIMON CONSTABLE
Recent lackluster price action in the precious metals market shouldn't leave gold investors down in the dumps. Shortly, the bull market for the yellow metal is set to resume, according to a recent report from Wall Street bank Goldman Sachs. Read more here.