Archives for July 2015

July 2015 - Page 24 of 28 - Money Morning - Only the News You Can Profit From

Cost of Obamacare Plans to Rise as Much as 70% in 2016

The cost of Obamacare is turning out to be higher than all but a few critics had anticipated.

Health insurance companies have submitted their Obamacare rate proposals for 2016, and many requests are for increases in the double digits.

It wasn't supposed to be this way. In fact, the supporters of the Affordable Care Act promised that insurance rates would go down, not up.

Here's why things aren't working out as expected...

A "Euro-Proof" 50% Gain in Less Than a Month

Forget about Greece, Portugal, China, and every other country that's making news these days…

The fallout from current (and likely future) debt crises will lead to turbulence in the markets, but it's the inevitable recovery that interests me right now.

We've seen this setup before. In every case where financial misadventure leads to bailouts, one thing is clear: Though the short-term movement of the stock market might lurch to the downside, it has always recovered.

And the American blue chips always lead that recovery. That's where our big opportunity is today...

Protect Your Wealth from Greek Fears

The recent disquiet over Greece has been threatening the markets and dominating the headlines, but the best course of action for investors right now is to view it as more noise than signal.

The Greek situation has taken years to play out, and the levels of non-hedged global exposure to Greek debt have been drastically reduced since 2010. There has also been plenty of time to mitigate the risk of contagion that could result from a Greek default or even an exit from the euro.

Read more here...