Economy and Trends

The Euro hangs in the balance of the Italian Economy

The fact that individual countries would give up their financial sovereignty and allow those with diverse cultures and different agendas to dictate policy still amazes me. The euro is the current epicenter of mild hysteria in the European Union. These are the same quislings who brought open borders to the continent and allowed their culture to be altered by the ...

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Has Gold Moved Too Much, Too Fast?

Over the last nine months, gold has rallied over 20% and it recently jumped to a six-year high. For the most part, the first eight months of the rally were pretty quiet—there was very little media coverage and I wasn’t reading much about the rally on investment related websites. Now all of the sudden Bloomberg and CNBC can’t stop talking ...

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Investment Banks Issue Differing Statements About the Market and Fed

It isn’t very often that we hear about investment banks issuing warnings about the overall market. Because the big brokerage firms need investors to believe that the market is going to move higher, they tend to have pretty rosy outlooks most of the time. That’s what made Monday somewhat unusual as two different investment banks made statements about the market ...

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Are Rare Earth Elements at Core of Trade War with China?

Something that is termed rare in relation to earth seems by its very definition to be of import. According to the Rare Earth Technology Alliance, there are 17 elements that are considered to be rare earth elements—15 elements in the lanthanide series and two additional elements that share similar chemical properties. This is right about when I started nodding off ...

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The Never Ending Conundrum of Healthcare in America

I love my health plan. Come to think of it, I don’t think I have ever had a plan to complain about. Perhaps I have been lucky that the companies that I have worked for provided more than adequate healthcare for my family and me. When I was blind-sided by cancer, the birth of our second child, and maternity leave, ...

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The Trade War from a Chinese Point of View

I have written several articles over the past year and a half about the trade war. First, the trade war between the U.S. and its North American trade partners—Canada and Mexico. I have also written about the trade war between the U.S. and China. But all of my articles have been from the perspective of how the trade dispute is ...

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Has the U.S. Housing Market Turned the Corner?

Throughout 2018, the housing market in the U.S. was in a downward trend in terms of housing starts and new home sales. Those two industry measures go hand in hand, and both trended lower in 2018 as the Federal Reserve was in a rate-hiking cycle. The housing industry is very sensitive to interest rates. The Fed made a 0.25% hike ...

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The Big Short of the 2008 Housing Bubble may be back

Don’t worry if you didn’t read Michael Lewis’s book, The Big Short, or even if you missed the cinematic version, you will get a chance to experience it again in another form. As I’ve I said many times before, history repeats itself, and you are doomed if you don’t know history. While on the subject, let’s take a brief stroll ...

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