Markets

The debate between active and passive investing will probably never end, but the trend toward passively managed money is undeniable.

It looks like bitcoin is taking investors through all of the stages of a classic bubble: euphoria, denial, fear, and desperation. When bitcoin fell under $7,000 and the market capitalization of the whole sector halved, the funeral preparations by nay-sayers were already underway. The fact that bitcoin has already survived five such bubbles doesn’t seem […]

Earnings season couldn’t be coming at a better time for the stock market.

The stock market has been misbehaving in 2018, and the erstwhile pattern of 2 to 3 percent corrections followed by new highs has been broken. First, there was a 12 percent mini-crash, then a rally, then another drawdown—and no new high, at least not yet. Most pundits think this is just a repeat of the […]

NEW YORK—U.S. stocks dropped on Monday, with the S&P and Nasdaq suffering their worst day in just over five weeks, as concerns over increased regulation for large tech companies was spearheaded by a plunge in Facebook shares. Facebook shares tumbled 6.8 percent as Chief Executive Mark Zuckerberg faced calls from both U.S. and European lawmakers […]

President Donald Trump’s new tariffs on imported steel and aluminum look like an effort that goes beyond its stated rationale of preserving national security. The tariffs could be the first of a number of initiatives by the Trump administration to retaliate against unfair foreign trade practices. “We’re going to see who’s treating us fairly, who’s […]

A whopping 313,000 people entered the U.S. workforce in February, crushing the economists’ expectation of 205,000 by more than 50 percent. The report is a win for President Donald Trump, who promised to bring back jobs. The news sent stocks soaring and prompted a celebratory tweet from the president. “JOBS! JOBS! JOBS!” Trump wrote on […]

TORONTO—Canada’s main stock index will climb to a record high by the end of the year as the prospect of higher global inflation boosts the appeal of its resource shares, a Reuters poll found, but a rising recession risk will cap the index’s rise in 2019. The median forecast from the poll of over 30 […]

Certain customers of digital currency exchange Coinbase reported mysterious charges appearing on their credit and debit cards in late January and early February.

After decades of stagnation and decreasing government funding following the Cold War, the U.S. space industry has found new legs in recent years due to massive private financing and an increased interest from the Trump Administration.

Investors spend hours crunching numbers and economic fundamentals, price-to-earnings ratios, and relative valuations. But at the end of the day, they trust their gut the most. “This market’s current temperament feels so much like either Japan in 1989 or the United States in 1999. And the events that have transpired so far this January make […]

During communist times in some Western countries and in China’s communist regime today, atheist governments supported churches financially. This initially seems contradictory. That is only because we have a skewed understanding of what help is. Aid from government tends to be damaging in the long run. What government funds, government can control. In those countries, the […]

The 4 percent crash in the U.S. dollar in January didn’t harm the stock market, given that the S&P 500 rose 7.4 percent through January before the recent crash. Neither did the 0.45 percent rise in yields to 2.85 percent on the 10-year Treasury. People thought those two factors would not hurt stocks. Yes, the […]

The White House issued a statement in response to the historic plunge of the Dow Jones Industrial Average on Monday. After the Dow suffered the biggest single-day drop in history, White House Press Secretary Sarah Sanders pointed to sound economic indicators and prospects for further growth. “The President’s focus is on our long-term economic fundamentals, […]

The U.S. Federal Reserve left its key policy rate range unchanged at 1.25 percent to 1.50 percent, as was widely expected on Jan. 31.

WASHINGTON—The U.S. Justice Department and the country’s derivatives regulator said on Monday they had filed civil and criminal charges against three European banks, which paid $46.6 million to settle the cases, and eight individuals for alleged in U.S. futures and commodities market. UBS, Deutsche Bank and HSBC and former traders at the banks, as well […]

While U.S. stock markets soar to record highs after the passing of the Trump administration’s Tax Cuts and Jobs Act, bonds face a rough ride.

Bankers hope technology companies will drive IPO listings to further heights in 2018.

The Dow eased slightly after hitting the 26,000 mark for the first time on Tuesday, as earnings season got off to a strong start following upbeat results from UnitedHealth and Citigroup. The largest U.S. health insurer rose 2.6 percent after reporting results that beat analysts’ estimates and raised full-year profit forecast. Citigroup Inc rose 0.72 […]

The value proposition of bitcoin is that it exceeds gold in every one of Austrian economist Carl Menger’s elements of liquidity, except one: stability. The reasons for why bitcoin can never be stable, and therefore can have no monetary value, are subtle and far beyond the grasp of most economists, much less amateur speculators. Since […]

Buying stocks on margin is buying stocks with money you don’t have. Usually, it’s speculators who engage in this risky practice that can be profitable as long as the market keeps going up. Let’s say you have $10,000 in an account with your stockbroker. Under normal circumstances, you could buy up to $30,000 worth of […]

Russia hopes its $27 billion Yamal liquefied natural gas project will dent United States' recent inroads into the European natural gas market, which Russia has dominated for decades.

The Dow Jones Industrial Average sailed past the 25,000-mark for the first time on Thursday, while other major indexes rose to new highs after a strong private jobs report added to a bullish sentiment from indications of robust growth in major economies. The ADP National Employment Report showed that U.S. private employers added 250,000 jobs in December, […]

Some people know about investing; some people know investors. David Drake knows both. Through his private family office LDJ Capital he has invested in dozens of companies and investment funds. In his investments, Mr. Drake has partnered with scores of the top family offices across the globe. In this exclusive interview with The Epoch Times, […]

Although the returns aren’t bitcoin-like, the good old stock market is up 19 percent this year, with the S&P 500 closing at fresh all-time highs almost daily. And despite sky-high valuations, many pundits believe there is room to go higher. One of the most common arguments stock investors use is that “there is a lot […]

SINGAPORE—Virtual currency bitcoin dipped slightly from the previous session’s record highs on Tuesday, after a month of whirlwind and volatile gains leading up to the launch of bitcoin futures on the weekend. Bitcoin was quoted at $16,390 on the Luxembourg-based Bitstamp exchange, down half a percent or $80 from its previous close. The world’s biggest […]

SYDNEY–Futures in bitcoin, which has taken global financial markets by storm, swung above their launch price, while the dollar kept gains in Monday’s Asian session on expectations the Federal Reserve will stick to its tightening path. The front-month bitcoin futures contract on the Chicago-based CBOE Futures Exchange surged past $17,000 on Monday, the first day of […]