Economy
Economy
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Did Fedex Just Give a ‘Buy’ Signal?
FedexFedex is a kind of bellwether for the state of the underlying economy. One company whose results give you a snapshot of the strength of consumer demand. If it’s doing well, then the economy is generally doing well. After all, consumer spending drives approximately 70% of all economic growth.
When It Comes to Investment, You’re Only Human
investment opportunitiesEvery investment you make is just the testing of an idea or opinion. They’re not all going to be right. So don’t invest so much emotional energy into believing that you’re right. My solution to this is a simple one. It’s a process that provides checks and balances to my investment opinions.
Gold Price Approaches Make or Break Moment
goldIf gold price breaks through US$1,370 it could indicate the start of a new long term uptrend. And this is why it’s rising. The real story behind gold’s rise — and the biggest financial story you’ve never heard of this year — is the declining US dollar.
China Steps Up Its Cryptocurrency Ban
china bitcoin banAnalysts are now pessimistic for bitcoin’s future in China. The Chinese government’s views on digital tokens has escalated quickly. They want to ensure financial stability within their market, and they see cryptocurrencies as a market distributor.