If Congress opts for sanctions on Iran one day in the future, they should know that, in the long and near term, they won't work.
Just look at how such punitive measures have (not) affected North Korea.
Archives for October 2017
October 2017 - Page 13 of 23 - Money Morning - Only the News You Can Profit From
Ignore the Oil Price News This Week, Here's the Forecast Investors Need
The oil price news gave traders mixed signals this week, but we're still expecting oil prices to rise 14% by the end of the year…
Traders are vexed by contradictory reports from the EIA and OPEC.
How Marijuana Industry Insiders Are Looking to Digital Currencies to Solve One Major Problem
Businesses in the marijuana industry can't open bank accounts or accept credit card payments.
Cryptocurrencies could let cannabis companies move away from accepting cash.
However, there are some cons with digital payments and cannabis.
Here's what the experts say...
How Higher Interest Rates Are Lifting the Dow Jones Today
The Dow Jones today is rising thanks to sterling earnings reports in the financial sector, which were boosted by rising interest rates…
Dow Jones futures are up 33 points ahead of the morning bell and the Dow is within reach of another record milestone: 23,000 points.
Global Equity Markets Rise; Busy U.S. Data Slate Friday
World stock markets were mostly firmer overnight.
Many world stock indexes are at or near record or multi-year highs.
One Thing Every Investor Should Know About Their Broker
When it comes to building wealth, retirement planning, or any other endeavor involving money and investing, the person across the table from you – your broker – is not your friend.
He will tell you he is. She may even want to be your friend. This individual could be convinced they are helping people to achieve their lifelong goals. And they will almost certainly be friendly.
But, at the end of the day, the broker is a salesman, and his or her compensation is coming right out of your nest egg.
Now, I'm not going to tell you to "break up" with your broker or that they're a bad person; I'm not out to demonize the folks who sell investments for a living. Not at all.
In fact, it's in your best interest to continue your friendly association with your broker.
I'm telling you this because I want to level the playing field. So that next time you sit across from your broker, you're in control. Eyes open.
Ultimately, when you control that dynamic, you come out ahead.
Why Is the Bitcoin Price Rising Past $5,000 Today?
The Bitcoin price is rising mainly because of the two imminent hard forks that will create "free money" for anyone who owns some of the digital currency.
The price of Bitcoin hit an all-time high of $5,386.23, more than $300 above the previous high. The cryptocurrency is up 23% over the past week.
But stocking up ahead of the hard forks isn't the only reason for the rise in the Bitcoin price.
Plenty of other developments are also fueling this Bitcoin rally...
Litecoin Prices Surge 9% as Investors Pour into Digital Currencies
Litecoin prices surged 9% as investors poured into digital currencies.
Litecoin is called the silver to Bitcoin's gold, and the price of both climbed as the price of Bitcoin reached historic levels.
Here is everything that happened in the digital currency market today...
California Wildfires Are Creating a Rare Buying Opportunity for Marijuana Investors
The recent California wildfires are going to be a setback for marijuana companies who own or operate in the region.
However, this is also a buying opportunity for savvy investors...
A Trade War with China Is Imminent Because Beijing Wants to Save Face
Beijing just warned the United States of a possible trade war with China.
That's because the Red Dragon is mad about the White House's ongoing probe into China's intellectual property theft.
We'd be irritated, too, if we were as guilty as Beijing.