Category Archives: Blog

Big U.S. Banks Warn of Near-Term Sell-Off

Oil Prices

Banks Becoming Bearish The S&P 500 and broader markets continue to trade near record levels and investors remain optimistic that President Trump’s economic policies, tax cuts, and infrastructure spending will provide the U.S. economy with a much-needed jolt. But three of America’s biggest banks believe the markets have moved too far too fast; stocks are […]

Canadian Dollar Slides on Weak Retail Data and After U.S. GDP Misses Estimates

Canadian Retail Sales Disappoint The Canadian dollar took a hit following a raft of disappointing economic data. The Loonie is feeling pressure from underwhelming fourth quarter retail data and disappointing fourth quarter U.S. gross domestic product (GDP) numbers fell to a two-week low against the greenback. One Canadian dollar is now worth around USD$0.75. At […]

Icarus Trade Could See Stocks Melt Up 10% Followed by 10% Meltdown

Oil Prices

Stocks Expected to Tumble in Second Half of 2017 Stocks are soaring on an illusion and could come tumbling back to Earth by 10% in the second half of 2017; however, that estimate may be far too conservative. It’s called the Icarus Trade and will present investors with a number of excellent investing opportunities.1 Whether […]

George Soros Lost $1.0 Billion Following Trump Election

Gold Prices Rebound

Bearish George Soros Lost $1.0 Billion after Trump Won White House George Soros, the founder of the $4.5 billion Soros Fund Management LLC and the 23rd wealthiest person in the world1, lost nearly $1.0 billion as a result of the stock market rally after Donald Trump’s surprise election victory.2 Soros, who famously made $1.0 billion […]