Archives for June 2015

June 2015 - Page 8 of 25 - Money Morning - Only the News You Can Profit From

The Next Great Blockbuster Biotech Stock to Buy Now

Spending on cancer treatment has been skyrocketing globally. According to the IMS Institute of Health, spending on cancer topped $100 billion globally in 2014. That was a 10% increase from 2013.

That's why many biotech stocks tied to cancer treatments have seen triple-digit gains in the last two years.

Now, Money Morning Biotech Investing Specialist Ernie Tremblay has found a new biotech stock to buy that could be the next cancer blockbuster...

Global Markets in Self-Perpetuating Denial

The central bank circus was on full display this week as the Federal Reserve's Open Market Committee held a two-day meeting only to emerge with another mind-numbing series of excuses for keeping interest rates at zero when the economy is not in crisis. 

One such claim was that inflation (as measured by economists) is insufficiently high, despite the fact that the price of real-world goods and services (including gasoline again) are steadily rising. The Fed stated that it's afraid raising interest rates – for the first time in nine years by all of 25 basis points – could send the economy into a tailspin. That isn't only bad policy, it is pathetic.

Perhaps it is time we learned this one vital lesson...

Why We're Not Buying Martin O'Malley's Anti-Wall Street Platform

On May 30, 2015, former Maryland governor Martin O’Malley announced his candidacy for the Democratic presidential nomination in 2016.

The progressive icon stands to the left of the poll-leading Democrat Hillary Clinton and has found a niche in painting himself as the populist hero in contrast to Clinton’s Wall Street ties and far-ranging donor pool of “one-percenters.”

O'Malley's championing of the middle class against the "Wall Street bullies" would be laudable...if it were believable....