To China, shadow banking has been both a blessing and a curse.
It's been a blessing, because it's created an immediate steroids like impact on China's economy of falsified strength and growth.
It's been a curse, because the art of gaming economic growth through credit expansion never has a... Read More
“There is an appointed time for everything,” are the famed words from Ecclesiastes 3:1. This eternal truth is applicable even to the stock market, which like the rest of nature, has its times and seasons.
Among these “times and seasons” is the “January Effect.” It runs... Read More
What’s is the S&P 500’s real price-to-earnings (P/E) ratio anyway?
Tune into one media outlet and they claim, “The S&P only has a P/E of 16.2x”.
Another money manager states the “P/E is 17.0x”.
Still others suggest the P/E is currently at 17.8x.
What if I were to... Read More
China is often portrayed as kind of economic savior to the world. But are its prospects really that bullish for itself and elsewhere?
China’s economic growth plans for 2014 we’re laid out by the country’s top policy leaders at the just completed Central Economic Work Conference. And... Read More
In October 2004, the New York Yankees did the unthinkable. They blew a 3-0 lead and lost the World Series against their archrivals the Boston Red Sox. Is a similar epic collapse happening in the precious metals market?
After racking up a 144% gain from late 2008 to mid-2011, gold prices... Read More