"To our surprise, we find that financial market information provides little support for the view that major institutions are significantly safer than they were before the crisis and some support for the notion that risks have actually increased."
Regardless of how many times we discuss these issues, quote successful investors, or warn of the dangers – the response from both individuals and investment professionals is always the same... “I am a long term, fundamental value, investor. So these rules don’t really apply to me.” No, you’re not. Yes, they do.Individuals are long term investors only as long as the markets are rising.
Several videos have emerged of Hillary's "medical episode" at today's 9/11 memorial service in New York. The "episode" was originally noted by Fox News senior correspondent Rick Leventhal, who reported that Hillary suffered a "medical episode" when she stumbled and nearly fell after her knees buckled, and was then ushered into a van, in the process losing a shoe, as she was rushed away from ground zero in an early departure.
Clinton spokesman Nick Merrill said that Hillary was "feeling much better," but offered no additional details, including whether the 68-year-old Clinton required medical attention. More surprising for a presidential candidate who is "feeling great", Hillary's campaign did not take reporters in the motorcade after Clinton's departure from her daughter's apartment, at which point she called it a day and headed back to her home in Chappaqua, New York.
"You know to just be grossly generalistic, you could put half of Trump's supporters into what I call the basket of deplorables. Right?” Hillary Clinton said as the crowd laughed and applauded. “The racist, sexist, homophobic, xenophobic, Islamaphobic -- you name it."
The physical holdings of Chinese gold ETFs have surged five-fold from 7 tonnes at the end of January, to 35 tonnes at end of August. The Huaán Yifu Gold ETF, which was holding 23 tonnes in August, entered the global top 15 list.
Price swings in financial markets have become increasingly muted as investors mull the outlook for monetary policy in the world’s biggest economies, but with a little turbulence starting to creep into markets, this record-breaking collapse in risk perceptions (and record levels of leveraged speculation) is a recipe for disaster.
Among the reasons why the mainstream press is slamming moderator Matt Lauer is the following question posed by a retired navy vet: "Had I communicated this information not following the prescribed protocols I would have been prosecuted and imprisoned. Secretary Clinton, how can you expect those such as myself... to have any confidence in your leadership as president when you clearly corrupted our national security.
NBC News faced harsh criticism from Clinton's campaign and her supporters for publishing an article on her coughing fit which lit up social networks over the past 24 hours. It quickly escalated from there...
The return from summer holidays has started in much the same way as we left off August, with another subdued session that has seen European stocks little changed, Asian shares advance and S&P futures are modestly in the green amid a flurry of M&A. The US dollar weakened, with the Bloomberg Dollar Index down 0.2% for the 2nd day in a row as prospects for a U.S. interest-rate hike this month remained subdued.
As for the incredible realm, one explanation is that the Fed is scared stiff it has nothing left in its toolbox to combat the next recession. Few major downturns have begun with the fed funds rate so perilously close to zero. The ultimate Catch 22 is that the flatness of the yield curve makes any fantasy of a Fed rate hike all too real for a dead breed the world once knew as ‘bond market vigilantes.’ It’s altogether possible that one more hike would be all it takes to invert the yield curve. The rest, as history has never failed to repeat, would be just that – history.
In America today, we are enjoying a standard of living that we do not deserve. We consume far more wealth than we produce. The only way we are able to do that is by going into debt. Debt takes future consumption and brings it into the present. In other words, we are damaging the future in order to make the present a little bit better.