The deteriorating junk bond market, along with rising credit spreads, is indicating that we will have a stock market correction in about 3-6 months. Here are the details.
Read More »These 20 NFL Teams Are Among the 50 Most Valuable Sports Teams In the World
Every year, Forbes analyzes the sports world to produce a list of the 50 most valuable sports teams in the world. This year’s list includes 20 NFL teams, 12 MLB teams, 10 NBA teams, 7 soccer teams, 1 NHL team, and 1 racing team (Formula One) worth, on average, $1.75 billion each, which is up 31% from 2014.
Read More »These 10 Countries Have the Largest Proven Crude Oil Reserves (+2K Views)
Using the data provided by Barclays commodities analyst Michael Cohen, we put together a list of the 10 countries sitting on the greatest amounts of proven crude oil reserves (bbl). Check them out below.
Read More »Americans Abroad: The Ugly Facts of FACTA
In 2011, the IRS introduced the Foreign Account Compliance Act, or FACTA to “minimize tax cheats” but in doing so FACTA is making banking - and life in general- painfully difficult for millions of American expats. The affects of FACTA are illustrated in the following infographic.
Read More »Piling On Debt Has Destroyed the “American Dream” – Here’s Why
The American Dream--characterized by plentiful jobs offering living wages, security and opportunities to get ahead--is over....Piling on debt is not a solution; it's simply a politically expedient method to forestall the crisis, while guaranteeing the eventual repricing will be even more severe because the debt load is then so much larger. If you think otherwise, I strongly recommend that you reduce your dosage of Delusionol.
Read More »What Do Swimsuit Models, Hemlines & Twitter Say About the Economy? (+2K Views)
Today, swimsuit models, hemlines, and even Twitter all have somethingswimsuit 2015 to say about the economy - if we know what to look for - and MarketWatch examined 13 unusual economic indicators, concluding from the evidence that the outlook is mixed.
Read More »China Investing $Billions In Africa – Here’s a Look At Where
China has increasingly poured billions of dollars of foreign direct investment capital into Africa..and is now invested in 46 of 54 African countries, mainly with a focus on metals, energy, and infrastructure...Investments in 2015 up until June have totaled $17.8 billion, and are on pace to reach $42 billion by the end of this year. The infographic below will help you visualize China's investment in China.
Read More »What Are Implications Of China’s Yuan Becoming a Major Reserve Currency? (+2K Views)
The yuan will be added to the IMF’s basket of currencies used to value the SDR in October 2016, with a weighting on 10.92%, which effectively anoints the yuan (also called the renminbi) as a major reserve currency. What are the long-term implications of this? Read on.
Read More »These 10 Investment Books Are Well Worth Reading – Here’s Why
Below is a list of 10 longer-term investment books that I recommend. They aren't all pure investment books (some of them teach you how markets operate in general, doing so in a clever way) but they will help you understand the markets and investing, and make you a bigger-picture thinker.
Read More »“Hot Money” Growing at 6.5% Annually – Here are the Culprits
Every year, roughly $1 trillion in "hot money" flows illegally out of developing and emerging economies due to crime, corruption, and tax evasion growing at an average rate of 6.5% annually (and at an 8.6% clip in Asia). China, Russia, Mexico and India lead the way as depicted in the following infographic.
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