Tue, 2 February 2016
Stock markets were down again in January. This followed a down month in December. Two down months in a row have been very rare during the past 4 years. Oil was also down, Natgas was up, Precious Metals had an up month, yields on Treasuries fell and Bitcoin took a hit. Listen to the report for more interesting items.
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Tue, 2 February 2016
Wayne Allyn Root was expecting a Trump loss in Iowa. Wayne recounts a story about his career as a professional public speaker. He brought down the house in every state he appeared in except one, Iowa. When he got back the audience evaluation forms, the reason was quite a shocker, seems the Iowans don't like fast-talking New Yorkers! Ring a bell? Wayne still believes that Trump will prevail, but New Hampshire is now a must win.
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Tue, 2 February 2016
Mr. Moneyball Economics Andrew Zatlin spoke with us today. While he believes that the stock market advance is over for 2016, he doesn't a major down trend in the general economy. While other countries are certainly having their problems, in the US the service sector is still doing fairly well. Also, while new claims for unemployment are up, they're not out of control at the present time. While he doesn't see gold taking more big hits, he's not bullish about it either. Perhaps it will remain in a holding pattern.
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