This week however, Turkey is at the forefront of economic minds everywhere. While the US dollar has strengthened this year, the Turkish lira has dropped dramatically. In fact, ABC News reports that it has dropped roughly 40% against the US dollar.
Around this time of year, I look back at the best stocks of the last 12 months. They reveal a lot about how the biggest trends develop. This helps me develop strategies to trade them.
No one wants to lose money. But surprisingly, a LOT of investors see chasing returns as more important than protecting their capital.
You’ll sometimes hear these big funds referred to as ‘the smart money’. That’s because they’ve got a lot of researchers digging up details on stocks that ‘ordinary’ investors won’t have access to. But here’s the catch.
What can you do when time is not in your favour? One option is to look for opportunities in growing regions. If you can bag a couple of these winners, they’ll do wonders with just a few thousand dollars.
Cryptocurrencies were seeing red early Tuesday, as the global crypto market fell by 10% within 24 hours, from US$218 billion to US$193 billion, as recorded by coinmarketcap.com. Bitcoin was leading the market lower when it dropped to US$6,000 early in yesterday’s trading... Click here.
While Australia certainly isn’t an emerging market, we do share some characteristics. That is, we have high debt levels and rely on foreign capital to sustain our standard of living.
Standing still will get you killed. This is especially true in the tech industry. If you’re not doing something different or adapting to change, then you’ll fade into history.
So IBM put Watson to work. Since 2011, Watson has been analysing massive amounts of data, coming up with new innovative products and dabbling in medical diagnoses.
Just how much is political risk priced into stock markets right now? It’s an impossible question to answer, but it’s certainly heating up on the political front over in the US. Things are about to get very interesting.