The Dow has closed at an all-time high 70 times in 2017. That’s more than any other year in history. The S&P 500 has not had 3% drawdown the entire year… Market is about 28% overvalued? One of the great mysteries of 2017 is why M&A wasn’t stronger, despite a strong stock market. Unlike late … Read more
Credit-Card Payments SURGE Americans increasingly relied on credit cards to make payments in 2016, and made more of those payments remotely, according to new data the Federal Reserve released Thursday. The number of credit-card payments grew 10.2% last year, to 37.3 billion, compared with an annual growth rate of 8.1% over the previous three years. … Read more
by Harry Dent Cycles reoccur throughout history, but they more rhyme than duplicate. Each bubble tends to get more extreme than the last one because there’s more wealth to chase it. Wealth is concentrated in the top 1% to 0.1% and grows exponentially (income does not). The greatest bubble of our lifetimes was the tech bubble … Read more
If you are in need of funds to finance your personal expenses like a vacation or a wedding, you may have considered going for an unsecured loan. Also known as a personal loan, this is a loan where the lender does not require you to place collateral that could be repossessed in the event you … Read more
by Ruby Henley I just read an article that reports bestiality is on the rise. It went as far as saying Germany was opening animal brothels due to the rise in migrants. A man who owned sheep said migrants were breaking into his property at night and having sex with his goats. Frankly, I could … Read more
By Robert Carbery “My high-speed rail proposal will lead to innovations that change the way we travel in America,” Obama boldly proclaimed during his first year of his first term. A recent Investor’s Business Daily article pointed out that the recent Amtrak train derailment near Tacoma, Washington, was on a stretch of track that was … Read more
by Chris Black To no one’s surprise, the Australian Muslim man who used his vehicle to mow down eighteen people in Melbourne Australia had no link to terrorism, according to officials. Instead, he was allegedly suffering from mental issues, other than Islam that is. This is the new politically correct and hugely convenient excuse used … Read more
by TabulaInnate If anybody is familiar with 9/11 conspiracies then you have heard about the missing 2.3 trillion dollars that Donald Rumsfeld announced days before the 9/11 attacks occurred. A theory that has floated around regarding the Pentagon attack was that people and intelligence involved with the knowledge of this missing money were targeted. Fast forward … Read more
Mutual funds is known as one of the safest and best investment instrument to create wealth over a short term, medium term and long term period. Apart from working as a great instrument for wealth creation the mutual fund also offers tax benefit and helps to achieve the future financial goals. The mutual funds investment … Read more
The bitcoin bandwagon is gathering pace, and now there are few people who haven’t heard of the magical internet currency. Its meteoric rise from nothingness to a value of nearly $18,000 in December 2017 has had investors kicking themselves at the fact they didn’t buy it up five years ago when it was nearly worthless. … Read more