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KFG Video — SAMPLE POST
China is the greatest economic growth zone in history. Already the world's third-largest economy behind the United States and Japan, China now accounts for 7.5% of the world's total economic activity. It's on track to pass Japan no later than 2010, and may pass the United States by 2020. The country's economy has increased by [...]
Geithner and Summers Protect Free Market Mantle Against Regulatory Reform
Two key members of President Barack Obama’s economic team were part of a group of financial heavyweights that in the late 1990s helped to kill regulatory reform that might have limited the impact of the 2008 financial meltdown. Now, as the administration’s primary proponents of free markets, they are again subverting efforts to tightly regulate [...]
Three Ways to Avoid Another Credit-Default-Swap Crisis
Former U.S. Federal Reserve Chairman Paul Volcker and Bank of England (BOE) Governor Mervyn King think that banks that are considered “too big to fail” should be broken up. The House Financial Services Committee is drafting a bill that will make banks pay for other banks’ bankruptcies. Others have suggested reviving the Glass-Steagall Act – [...]
A Money Morning Interview: The Future of Energy
Renowned Oil Expert Dr. Kent Moors Details Shortages of Oil, the Impact of Higher Prices, the Promise of New Technologies and the Opportunities For Investors Dr. Kent Moors is one of the world's foremost experts on oil, energy policy, finance, risk management and new technologies. Moors advises the leaders of six oil-producing countries, including the [...]
Five Ways to Outsmart 31,179 Other Investors
Back in mid-June, more than 75% of the investors responding to a CNNMoney poll said they were planning to buy stocks – many of them aggressively. Of the 41,572 people polled, it now looks like those 31,179 bullish investors kept their word. The Standard & Poor's 500 Index has zoomed 15% since those investors were [...]
The Two Reasons it's Time to Short U.S. Stocks
The stock market is up 51% from its March 9 lows. The leading economic indicators have turned sharply positive, showing gains for each of the last four months. Manufacturing is on the rebound. And banks are promising to pay record bonuses, as their earnings have rebounded. With this recent rush of upbeat economic news, it's [...]
Gold Aims to Retest Record Highs After Breaking Through the $1,000 Mark
Is gold ready to break out? Gold broke through the psychologically important $1,000-an-ounce level for the first time in 18 months yesterday (Tuesday) as the U.S. dollar slumped against key foreign currencies, exacerbating investor fears that loose fiscal and monetary policies will spur inflation as the U.S. economy recovers. The thinly traded September futures contract [...]
Job Losses Slow but the U.S. Economy is Following the Script for a Jobless Recovery
The pace of U.S. job losses slowed in August, but the country will likely be saddled with a high unemployment rate throughout all of 2010, analysts say. In short, even though the economy has improved, the odds of a "jobless recovery" continue to grow. Employers shed 216,000 jobs in August, an improvement over the 276,000 [...]
Finance Jobs Going Where the Growth Is – Asia
The financial services industry in the United States and Europe is still reeling from the financial crisis, shedding tens of thousands of jobs each month – even a year after the crisis hit its apex. However, recent evidence suggests that the financial services industry in Asia – particularly China, which was largely isolated from the [...]
The Five Financial Shockwaves to Expect When China's Yuan Swaps Places with the U.S. Dollar
Most Americans will view China’s effort to dethrone the U.S. dollar as the world’s main reserve currency as one of the biggest economic threats that this country will have to face. But the reality is that this tectonic shift in global finance – and the economic shockwaves that will result – could provide investors with [...]
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