Archives for November 2015

November 2015 - Page 18 of 26 - Money Morning - Only the News You Can Profit From

2016 Bitcoin Price Predictions Looking at $600 and Beyond

The latest wave of 2016 Bitcoin price predictions exhibit a renewed optimism about the digital currency's prospects.

These 2016 Bitcoin price predictions also reflect a fresh understanding in the disruptive power of Bitcoin's underlying technology, the blockchain.

For example, Wedbush Securities raised its 12-month price target 50%, from $400 to $600.

But what Wedbush saw for the price of Bitcoin 10 years down the road is the real eye-opener...

The Fed Just Handed Us This Easy Chance for a Quick Double

The chances of an actual interest rate hike by the U.S. Federal Reserve just got real – and asset prices are on the move…

Team Yellen got a big reason to raise rates with Friday's release of the October U.S. employment numbers. The report surpassed most estimates by adding 271,000 jobs; the consensus was for about 100,000 fewer than that.

This puts the unemployment rate at 5% – its lowest level since 2008. Markets immediately reacted with lower bond prices, lower commodity prices, and in many cases, lower stock prices. 

The Fed could announce a rate hike at the end of its next policy meeting on Dec. 16. That would be especially good news for a certain U.S. industry I'll talk about today. 

One particular stock in this sector climbed 65% in a little over two years after rates rose. But now you have the chance to make more - and in less time. The easy options play I outline here could double your money in just weeks...

GOP Debate Preview: FOX Business Aims to Be the Anti-CNBC

GOP debate preview: The next showdown will take place on Tuesday at 9 p.m. on FOX Business Network. And if you haven't been keeping your eyes on the latest polls, you'll be surprised to learn who's pulling into second and third.

Tuesday's showdown could change the game in a major way.

Here's more on the upcoming GOP debate and how FOX Business intends to make it a hundred times better than CNBC's...

[REPORT] Chinese Banks "Are Heading Toward Global Domination"

Beating up on China has become a national sport for Western commentators. Their economy is slowing, they lie about their statistics, and their "growth" is being propped up to meet political objectives, goes the chorus.

The truth is, some of the China concerns are overblown. The country's economy has nearly doubled in size from six years ago. Even at a lower growth rate, China remains a key driver of global consumption and production.

And other impressive data swirling around are largely ignored.

For instance, the obscene growth of Chinese banks.

Just look at these numbers Richard Bove, equity research analyst at Rafferty Capital Markets, recently reported that confirm Chinese banks now absolutely eclipse their U.S. rivals...

Top Election 2016 News Today: The Carson/West Point Debacle, Plus Other Top Stories

We are bombarded with torrential news coverage of the "election 2016" every day. Now that the smear campaigns have officially started, "election 2016" has garnered search steam.

So if you're looking for accurate information on issues like Carson's West Point debacle and Rubio's credit card scandal, look no further.

We've done research for you. Here's more on those matters, along with other pertinent stories...