Subscribe to Money Morning get daily headlines subscribe now! Money Morning Private Briefing today's private briefing
Category

U.S. Economy

Global Markets

Negative Interest Rates Are Still Dangerous Despite Japan's GDP Growth

The Japanese economy grew in Q1 2016, but negative interest rates could cause long-term issues for the world's third-largest economy.

You see, central banks are making dangerous assumptions about negative-interest-rate policies facilitating economic growth and recovery.

And if more countries adopt these short-sighted policies, we could be on the verge of an economic collapse. Here's why negative interest rates are so dangerous...

Washington

Washington's Agenda Shatters Another American Dream and Sets Up Savvy Investors for More Profits

Flawed economic policy is killing the American Dream and, with it, the retirement hopes of millions of investors. Thankfully, though, not yours.

Here's how the government's latest move actually makes way for bigger profits - and what to buy when you see it repeat the same mistakes...

Washington

Congress' Trillion-Dollar Budget Crisis No One Is Talking About

There's a looming budget crisis involving America's defense program – what's known as the "nuclear triad."

No one's talking about it.

But it's going to cost U.S. taxpayers big – as in "trillions of dollars" big.

Here's what you need to know about this unnecessary modernization and where all that money will likely go...

Commodities

Why I'm Still Short Miners (and You Should Be Too)

The industrial commodities complex is riding the crest of this infernal "bear market rally." This is unlikely to last. I'm still bearish on the commodities, and with good reason.

Today I thought it would be worthwhile to check in on a few of the short plays I recommended on miners last year and put their "improved" status into perspective.

Spoiler alert: You'll want to buy puts on these...

Dow Jones

This Chart Proves the Stock Market Rebound Has Legs

The mainstream media would have you think last Friday was a nightmare. They're wrong.

In fact, the S&P 500's small loss for the day confirmed an uptrend that began Feb. 11. Today I'll show you why I'm so optimistic about a stock market rebound.

And I'll show you why - despite what the media wants you to believe - now is no time to be sitting on the sidelines. This chart proves it...

Washington

The Most Twisted Truths About the Economy in SOTU 2016

We fact checked U.S. President Barack Obama’s statements about the U.S. economy in his SOTU 2016 address Tuesday night.

The numbers simply don’t add up.

The president stretched the truth – and made a few convenient omissions – to bolster his claim that the economy has become more robust than ever under his tenure.

Find out how the actual numbers compare in our quick breakdown...

Stocks

The Two "Bandits" Ripping Off Investors This Week

Just because central bankers want to lead investors over the cliff like they did in 2008 doesn't mean that people should follow them.

Unfortunately, that's exactly what investors did last week. In a year that has seen many foolish rallies, Friday's massive rally in stocks – coming just a day after a massive sell-off – was the most foolish of all.

Let's take these one at a time...

The Fed

Is a December Rate Hike Coming After Today's Fed Minutes Release?

The U.S. Federal Reserve released minutes from its October meeting today at 2 p.m., and markets scoured the report for any clues about a December rate hike.

After today's Fed minutes release, a December rate hike is clearly on the table.

The Best Inverse Play, as the Market Goes "Back to the Future"

Markets produced their strongest returns in four years in October – ignoring a steady stream of bad economic news and lousy corporate earnings. 

The Dow Jones Industrial Average soared 8.5% while the S&P 500 jumped 8% for the month.  The Nasdaq Composite Index was driven higher by strong big tech earnings. It skyrocketed by 9.38% and is now back above 5000.

Last week's gains were muted with the Dow rising 0.1% or 16 points and the S&P 500 rising 0.2% or 4 points, so perhaps the jubilation is ebbing. The Nasdaq Composite Index gained 0.4% on the week. 

Of course, some strategists are calling for the rally to continue and for the market to gain another 10-15% by year-end. All I can say is that if they want to send over what they are drinking, I will take a sip. But I will not reach my hand into my pocket and follow them into the market...

Oil

How the New Budget Deal Will Affect the Oil Market

The House of Representatives just voted to approve a budget deal to raise the U.S. debt ceiling.

And buried in this last-minute accord designed to save us from another government shutdown is a provision to sell oil from the Strategic Petroleum Reserve (SPR).

Why is the United States going to put this oil up for sale now, when domestic producers are under pressure - and how will this impact the oil market?