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Welcome to Money Morning - Only the News You Can Profit From.

  • U.S. Economy

  • Race to Be First "Official" Bitcoin Exchange in United States Heats Up Bitcoin exchange

    Within the next few months, we should see the first U.S. Bitcoin exchange. Some half dozen companies have just been waiting for a final set of rules from New York regulators - and those rules are due next week.

    While it's not that hard to buy Bitcoin in the United States, the digital currency has lacked the polish of legitimacy that a U.S-based exchange would give it.

    Here are the top contenders - and a look at the huge impact the first U.S. Bitcoin exchange will have…
  • Fight Club: Shah battles "Dark Pools" apologist on NPR today

    Today, Shah Gilani let some wicked punches fly, debunking the legitimacy of Wall Street's "Dark Pools" on NPR's popular talk show On Point.

    As Shah himself said: "This is about how the market has been undermined and how it could collapse one day, literally, and trillions of dollars could be lost in a matter of days."

    Listen in and tell us what you think.
  • GPRO, AA, and GM Headline Today's Stock Market News stock market today

    Stock market news today, June 26, 2014: U.S. markets today (Thursday) opened after finishing in the green across the board in the last trading session - despite GDP figures that revealed the worst non-recession performance in four decades.

    Here are the top stock market news stories today:
  • Stock Market Today Rises – Despite 2.9% GDP Slip – on These Top Stories

    The stock market today (Wednesday) rose despite news that the U.S. economy slumped more than expected in the first quarter. Revised GDP figures for Q1 revealed the worst non-recession performance in four decades, with a 2.9% slip. The decline is also the sharpest downturn in five years, and is a significant revision from the 1% decline tallied in April.

    And here are the top stories that affected the stock market today:
  • This "Hidden" Inflation Could Wipe Out Small Returns

    Official measures of inflation tell a very different story from the reality facing consumers as they shop for groceries, gasoline, insurance, healthcare, and other everyday goods.

    In the real world away from government statistics, product prices continue to rise at an inexorable rate.

    Asset prices also continue to rise, particularly the prices of financial assets such as stocks and bonds as well as high-end real estate and art.

    While there remain pockets of weakness in the housing markets, the prices of homes have also resumed their upward trajectory after crashing during the financial crisis.

    So the question remains: If the prices of just about everything are rising, why is the government telling us that inflation is so low? Full Story

  • Profit Massively from This "Margin Call" on American Homeowners

    Get ready. There's more trouble ahead for home buyers, home builders, and especially homeowners who took out home-equity lines of credit before the housing crisis. Those heydays have turned into haymakers.

    What's already started to happen might not only knock out the formerly aspiring but now petering-out housing recovery, but also might knock the already weak economy to the ground.

    Back in the good old days, when banks and mortgage shops were selling mortgage money and home-equity credit lines like carnival barkers wowing crowds into the big top, millions of homeowners stepped right in.

    That circus tent was nothing but a trap, however. And now I'm going to tell you what that trap means for those borrowers - and the rest of the economy... Full Story

  • Low Rates Won't Hide This Looming Threat Forever Financial markets are experiencing a significant divergence in 2014 between the direction of stocks and bonds.

    While the S&P 500 and Dow Jones Industrial Average have traded to new record highs, the yields on benchmark Treasury bonds have dropped sharply.

    Normally, one would not expect stock prices to rise and bond yields to drop simultaneously because these movements suggest contradictory readings of the economy.

    Higher stock prices indicate bullishness about economic growth, while lower bond yields suggest just the opposite.

    However, the inconsistent signals being sent by markets are not as surprising as they seem, given the context of the post-crisis environment in which Federal Reserve policies have distorted normal market pricing mechanisms.

    This situation could blindside investors who don't see it coming... Full Story Read More...
  • The Most Important Stories from Today's Market Trading today’s market trading

    Here's the scorecard from today's market trading:

    DOW: 16,722; -0.13%
    S&P 500: 1,924; -0.05%
    NASDAQ: 4,234; -0.08%

    And here are the top stories from today’s market trading:
  • The Next Trillion-Dollar Mortgage Meltdown May Be Coming The fourth securitization deal of big investor-owned single-family homes for rent is here.

    Is this just another Wall Street gamble that will wreck the economy again, or is this time different?

    You be the judge.

    I'll tell you where I stand...

    Full Story
  • Dow Jones Futures Up Today Ahead of This Market News Dow Jones futures

    Dow Jones futures today, May 29, 2014: Dow Jones futures pointed to a 0.07% gain ahead of open today (Thursday). This morning, the U.S. federal government announced that first quarter gross domestic product (GDP) slipped by 1% - much more than the 0.4% expected contraction.

    Here’s what will affect Dow Jones futures today, and other top market news…
  • Stocks to Buy: Get the "Google of Russia" for a Bargain Yandex

    When looking for the best stocks to buy, many investors avoid companies and markets that are tangled in bad news.

    For many, it seems like common sense to avoid areas that keep generating negative headlines. But for shrewd investors, "bad news" can frequently generate very profitable stocks.

    And right now, Russian tech stocks are providing investors with discounted buy-in opportunities. This tech stock in particular has huge potential…
  • Stock Market Today: Wal-Mart Misses Earnings, Other Top Stories Stock market today

    Stock market today, May 15, 2014 The Dow Jones Industrial Average slumped from record highs yesterday on concerns of rising inflation. Producer prices increased 0.6% in April, the largest increase since September 2012. Economists had predicted a rise of just 0.2%.

    Here’s what you need to know to make your Thursday profitable:
  • Dow Jones Today Dips on Inflation Fears, Plus 9 Other Top Stories Citigroup makes news in the stock market today

    The Dow Jones today fell more than 100 points, and the S&P 500 and Nasdaq fell as well.

    Here's what moved the Dow lower.
  • Let's Make the Mortgage Due for Fannie Mae and Freddie Mac Fannie-Mae

    You can call it a bailout, a rakeover - I mean, takeover - or socialism for cash.

    But, whatever you call it, it's not going to last.

    The $187.5 billion bailout of Fannie Mae and Freddie Mac back in 2008 was absolutely necessary.

    Yes, we had to do it. But here's why it's time for the government to get out of the mortgage business for good...
  • GSK, YHOO, DE, and NFLX Are Today's Pre-Market Movers Premarket Movers

    Premarket movers today, May 14, 2014: The Dow Jones Industrial Average rose to a new closing record on Tuesday of 16,715.44. The S&P 500 hit a record intraday high, touching over 1,900 for the first time ever.

    Here’s what to know about the stock market today to make your Wednesday profitable: