If you own gold or silver right now, you probably feel smart and a little anxious at the same time. I have been following this move closely, and the most striking thing is how calm Jerome Powell sounds compared to what gold and silver are actually doing. Gold rose to $5,600 an ounce after a … Read more
the S&P 500 (SNPINDEX: ^GSPC) it’s up 1.5% year to date, and the benchmark index is currently within half a percentage point of its all-time high. However, several Federal Reserve officials (including President Jerome Powell) have warned investors that share prices are elevated by historical standards. Wall Street anticipates double-digit gains in the S&P 500 … Read more
By Steve Holland WASHINGTON, Jan 14 (Reuters) – US President Donald Trump said on Wednesday that Iranian opposition figure Reza Pahlavi “looks very nice” but expressed uncertainty about whether Pahlavi would be able to rally support in Iran to eventually take over. In an exclusive Reuters interview in the Oval Office, Trump said there is … Read more
Veteran businessman and founder of Thinkorswim Tom Sosnoff is a contrarian by nature. And where the markets are currently trading, it has set off a few internal alarm bells. “It’s not that I think we’re going to come and crash or anything like that, but I just think the odds favor the downside in the … Read more
Michael Loccisan, and The Washington Post / Getty Images Moneywise and Yahoo Finance LLC may earn commission or income through links in the content below. Meredith Whitney earned her nickname “Oracle of Wall Street” by predicting the 2008 financial crisis before it hit. Now, almost two decades later, she sees fresh problems brewing – this … Read more
Chandan Khanna/Getty Images Moneywise and Yahoo Finance LLC may earn commission or income through links in the content below. As a co-founder of PayPal and the first outside investor in Facebook, Peter Thiel is widely recognized for his expertise in technology. But now, the billionaire venture capitalist is sounding the alarm on a completely different … Read more