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In the August issue we have two new recommendations for you—a currency play and an interest rate trade. A powerful countertrend rally has pushed the euro up more than 10% since early June, while investors have bid up Treasuries at the long end of the yield curve, pushing yields below 3%. Read this issue to find out how you can profit from both of these situations. But beware of the bearish comments on gold from the chief economist of a prominent investment bank: There are several reasons gold has room to run. Similarly, though there is slowing in economic momentum, the financial market indicators that we monitor regularly are pointing to further upside in equity and other risk assets. This can be attributed to a number of bullish factors. We highlight a few of the more important ones in this issue, and have updates for you on many of our holdings. more >> |
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As expected, at the June Federal Open Market Committee meeting, Bernanke & Co. kept the federal funds rate near zero and pledged to maintain the zero interest rate policy for an extended period of time. The Fed also took a more dovish tone on the economy in their communiqué following the meeting. For the first time, they cited the European debt crisis as a reason to keep rates near zero, even though policy-makers maintain there won't be any meaningful spillover effects on the U.S. economy. The Fed also made sure it cited the recent correction in commodities prices as evidence that inflation is not a threat. Conveniently, there was no reference made to gold, which continues to hit new all-time highs. more >> |
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ETFs have created many wonderful benefits for investors. Assets classes and sectors once out of reach or too difficult to replicate can now be accessed with the help of exchange traded funds. The growth in assets managed by ETFs has been explosive. But this explosive growth has resulted in an overabundance of shockingly useless ETFs. Our special report provides a basic primer on ETFs and helps you separate the good ETFs from the bad by providing a list of 250 ETFs to sell today. more >> |
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Our Credit Markets chart book includes many of the charts we monitor and use regularly to formulate fixed-income investment strategy. The chart book includes long-term charts on nominal and inflation-adjusted treasury rates, policy rates, interest rate valuation indicators, and credit spreads. more >> |
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| DOW |
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127.83 |
| NASDAQ |
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33.74 |
| S&P |
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14.41 |
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