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Global Markets

Global Markets

World Stock Markets, Gold Higher; U.S. Inflation Data On Deck

Global stock markets were mostly higher Tuesday, ahead of a key U.S. inflation report due out shortly. The U.S. consumer price index for September is forecasted to rise by 0.3%, year-on-year. U.S. stock indexes are pointed toward higher openings when the New York day session begins.

World bond markets stabilized Tuesday after those markets in Asia and Europe were under pressure Monday.

Global Markets

Global Equity Markets Firmer Ahead Of Important U.S. Bank Earnings, Economic Data Friday

Asian and European stock markets were mostly firmer overnight. Thailand's stock market saw a strong rebound following big losses seen earlier this week. Thailand's long-time king died Thursday. Traders and investors in those regions were awaiting a batch of U.S. corporate earnings-namely big banks– and U.S. economic data due out Friday.  J.P. Morgan reported early Friday its third-quarter profits, which fell short of market expectations.

U.S. data due for release Friday includes the producer price index, retail sales, manufacturing and trade inventories, and the University of Michigan consumer sentiment survey. These reports are important and could move the markets today.

Market crash

You Could Be Stuck with Deutsche Bank’s Bills

The 5,300 Wells Fargo employees who set up 2 million bogus accounts to bring in a measly $5 million in extra fees are being fobbed off as "a few bad apples."

They're not. They're the product of a global corporate culture of entitlement and corruption. The proverbial tip of the iceberg.

Don't get me wrong – Wells' misdeeds are bad, but there's much, much worse going on in the banking sector right now.

The moral hazard and casino banking underway at this very moment are putting the entire global financial system at risk – again – when we've barely recovered from the last crisis.

So today, I'm recommending everyone buy the ultimate "alternative money" at some of the best prices we're likely to see for the rest of the year...

Wall Street

We're on the Cusp of Repeating the 2008 Financial Crisis

Will Deutsche Bank's downfall cause a crash similar to the 2008 financial crisis?

If it refuses to take a bailout, then yes – it most certainly will.

Here's what's at stake...

China

How to Safely Get Your Share of the Trillions About to Flood China's Markets

The Hangzhou G20 summit was China's coming-out party as a global economic superpower. China's yuan will join the IMF's basket of global reserve currencies next month.

Trillions in institutional money will flood Chinese markets after that. Here's how you can profit.

China

Russia and China Taunt NATO with Show of Friendship in the South China Sea

Russia and China are prepping for joint sea naval drills in the disputed South China Sea.

We believe the move is intended to send a strong signal to NATO...

Global Markets

Fed's Fischer Says Negative Interest Rates "Seem to Work" – He Is Completely Wrong

Negative interest rates seem to be working, according to Fed Vice Chair Stanley Fischer.

With decades of financial experience, one would assume the Fed vice chair would know what he's talking about.

But are negative interest rates really working? Here's everything you need to know...

Global Markets

Emerging Markets Just Got Red Hot Again

Brazil managed to pull off the 2016 Summer Games, South America's first ever, free of major problems or disruptions.

The same can't be said of the country's politics or its economy, though. Massive budget deficits, rocketing interest rates, and a plunging currency are linked with a widening corruption scandal that's brought down the president of Brazil and spurred violent civic unrest.

That doesn't seem like a likely source of market-beating 44% and 24% gains, but that's exactly what our Brazilian plays have returned over the past 10 months – a time that's seen plenty of global investors run away from the country's 200 million consumers.

Clearly, not every investor is running out on Brazil. In fact, a few of the world's smartest, richest investors are making a beeline for Brazil… along with other, similar markets that offer better diversification, higher yields, and bigger gains.

But you don't have to leave home for profit potential like this. It's really easy to buy...

Apple

The EU Apple Taxes Ruling: What Everybody's Missing

The European Commission ruling on Apple taxes demanding a $14.5 billion payment sounds more ominous than it is.

For one thing, Apple intends to appeal, which will take years to resolve.

But there's another reason AAPL investors have little to fear from this ruling regarding Apple taxes.

Here's why Apple will suffer minimal consequences no matter what happens...

China

Philippines: China Will Be the "Loser" in South China Sea

The South China Sea dispute got even more heated…

The Philippines' foreign minister just issued a bold warning to China if it ignores The Hague ruling.

Here's what he had to say...