Two determined U.S. physicians have announced they are running for Senate with a sole intent: to repeal Obamacare.
"As a physician, I understand in a real, intimate way the damage Obamacare will do to medicine in South Dakota and the entire country," Dr. Annette Bosworth, a private practicing physician for 14 years in Sioux Falls, SD, told Money Morning.
China's desire to dominate the seas of Asia is being challenged by an emerging regional rival – India.
With this shift in the balance of power in Asia, those who know how to invest in India's military and economic rise stand to profit handsomely from a real "ground floor" opportunity.
To continue reading, please click here...
There are staggering numbers coming out of the energy world – numbers that explain how to invest in natural gas now…
According to the Energy Information Administration (EIA), in the United States alone is parked over roughly 862 trillion cubic feet of natural gas reserves. That's over a century's worth of domestic supply.
Better yet, there's plenty of domestic demand for that supply -and it's growing.
To continue reading, please click here...
As U.S. debt as a percentage of GDP hovers at levels not seen since World War II, concerns are growing that the American economy is susceptible to a debt crisis in the near future.
Here's why people are worried: If interest rates return to normal levels of around 5% as the U.S debt approaches $20 trillion, then servicing that debt each year will cost taxpayers $1 trillion.
Does anyone think that the Federal Reserve, as the enabler of all this debt, will be in any rush to raise interest rates?
Following Europe's example, the U.S. debt-to-GDP ratio hit 105.6% in 2013, a perilous level that has long-term repercussions for the world's largest economy, according to Standard & Poor's. By 2016, right around the time that Hillary Clinton will be running in earnest to be president, the ratio will likely hit a staggering 111%.
But how much debt is too much debt? And what are the pitfalls facing the United States in the future? Both questions remain hotly contested among economists, despite a wide acceptance of a "tipping point" theory both by politicians and ordinary Americans.
To continue reading, please click here...
Money Morning Chief Investment Strategist Keith Fitz-Gerald holds forth on FOX Business' "Varney & Co." about the biggest topics today, including the war of words between Kris Jenner and President Obama, and what he thinks of a market that's too hung up on Ben Bernanke.
Later, Keith is asked about the hotly-rumored Twitter IPO: What does Keith think of the social media giant's possible move into the market? Who makes money on these IPOS?
The problem with the U.S. government's stimulus efforts to create jobs, and the Federal Reserve's quantitative easing to foster full employment, is that banks are the only direct beneficiaries.
There's just no good pool of jobs being formed from the trickle-down effect that first bathes bankers in bonuses, and then showers shareholders with buybacks and dividends.
There is a better way.
And, in spite of the details which additionally involve two necessary but minor structural changes that can be accomplished with the stroke of a pen, there are only two primary steps we need to take to create good-paying, long-term jobs and crank up economic growth.
After almost 10 years of explosive growth in the U.S. and Canada, the shale oil and gas craze is going global.
Now, make no mistake. A head start in a business this critical is huge. But the rest of the world is catching up – and fast.
In mid-July, anyone investing in gold mining companies saw their year-to-date share prices fall to levels not seen since the 2008 financial crisis, down more than 50% on the year.
As Money Morning Global Investing Strategist Martin Hutchinson pointed out, no sector right now is more unloved than the gold sector.
When you think of growth profit plays you do not ordinarily think they could also make for solid dividend-paying stocks as well.
Growth stocks are high-flying market darlings with some exciting new product or service that is driving spectacular earnings growth.
To continue reading, please click here...
Stock market news today focuses on winners and losers in the tech and consumer spaces, as well as how the S&P 500 will come off of its largest weekly decline since June.
Last week was tough for stocks since this year has been filled with rallies. Stocks fell as investors tried to understand the timing of the Fed's tapering of its bond-buying program.
Surprisingly, the market still seems very sensitive to any news on the Fed cutbacks.
This week, the market may continue to react to any news from the Fed, although other economic indicators are likely to be in the foreground of investors' minds.
Stock market news today starts with Japan, which we learned saw gross domestic product rise 2.6% at an annualized pace from April to June – well short of the 3.6% growth economists expected. The Nikkei was down more than 5% last week and is down another roughly 1% this morning.
To continue reading, please click here...
