This month’s move by the Federal Reserve Bank to lower interest rates for the first time in a decade may prove to be a “boondoggle”. This was done on the backdrop of all the economic indicators in the U.S. posting continuously showing record employment, rising wages, all time historic high stock index prices, and record … Continue reading
Category Archives: World Markets
Look Out Below…Already Did
As I am sure you are all aware, after the Brexit vote, the UK currency has been steadily pushed down against all of the other major currencies like the US Dollar. As of Thursday Oct 6th, it was at 31 year-low. Now it is ALL-TIME low. On the surface, this may seem a curse, but … Continue reading
Following the “Herd”
Grace Century CEO and Director of Research Scott Wolf discusses how one’s psychology as regarding their approach to markets and investments can be easily influenced by the actions or trends of the majority…..and not always positively. Continue reading
Don’t take wooden nickels
The old proverb “don’t take wooden nickels” has been around for ages. It is something that you say when someone leaves to tell them to be careful and to take good care of themselves. It serves as a warning to the unsuspecting and naïve, that when something sounds too good to be true: Beware. The … Continue reading
Scream–the sky is falling
I was reading a friends blog the other day; he was promoting banking facilities for the RMB (Chinese Yuan) and his argument, based on the video piece below, was: “the end is near.” He maintained that finance, as we know it, is at a “multi-cyclical shift” and the time for the U.S. Dollar–as the world’s … Continue reading