Is This What Has Got the Fed So Spooked?
By The Phoenix Just what exactly is terrifying the Fed? Over the last week, multiple Fed officials have surfaced to suggest the Fed needs to start cutting interest rates right … Read more
spooked
JUNE JOBS BOOM; RECORD EMPLOYED; RATE CUT OFF? STOCKS SPOOKED
Strong job growth is back: Payrolls jump in June well above expectations Nonfarm payrolls rose 224,000 in June, well above market expectations of 165,000, according to the Labor Department. The … Read more
UBS Feels the Pain From Spooked Billionaires
via thewealthadvisor: (Washington Post) – UBS Group AG CEO Sergio Ermotti delivered a catalog of bad news on the first-quarter performance on Wednesday. That the world’s largest wealth manager is also prone to … Read more
Spooked By Apple? Wait ‘Til China’s Bubble Bursts
by Jesse Colombo Apple stock plunged nearly 10% on Thursday after the company cut its revenue forecast due to slowing iPhone sales in China. Apple’s woes dragged U.S. stock indices … Read more
The Price Of Gold Spikes As Investors Get Spooked By Talk Of World War III And Nuclear Conflict
By Michael Snyder Whenever the world starts going crazy, investors instinctively begin flocking to precious metals. So it wasn’t exactly a surprise when gold and silver prices started to move … Read more