China strikes back
We suspend our usual programming to cover the developing financial market and likely economic reaction to China's decision to let the yuan tumble in retaliation to President Donald Trump's decision last week to place a 10% tariff on an additional $300 billion in...Wall Street falling “in like” with gold
We don't know--precisely--what the Federal Reserve will do at the meeting of its interest-rating-setting Open Market Committee on Wednesday July 31. The odds on the CME FedWatch Tool say there's a 100% chance of an interest rate cut but there's still disagreement...
Adding silver to my market hedges: Buying First Majestic Silver for my Jubak Picks and Volatility Portfolios
Way back last Friday, July 19, in my Friday Trick or Trend post on JubakAM.com, I argued for adding silver to a portfolio because 1) it is a good hedge for portfolios in the second half of 2019, and because 2) silver, after lagging gold for the first half of 2019 ,...
Trick or Trend: Is it time for silver to shine?
Our regular (or occasional or perhaps occasionally regular) Friday series (actually running on Saturday this week) Trick or Trend looks at what might (or might not) be emerging investible trends. Exclusively on JAM. This post won't run anywhere else. Ever. On...
China and Singapore show continued weakness in global economy
Trade analysts call Singapore's export-driven economy the canary in the coal mine for the global economy. In which case that canary is looking kind of wobbly lately. Singapore's GDP contracted at an annualized 3.4% rate in the second quarter. That's the biggest...
July interest rate cut from Fed looks like done deal after Powell testimony
Federal Reserve chair Jerome Powell had an opportunity this morning to talk down the odds of an interest rate cut at the central bank's July 31 meeting in testimony in front of the House Financial Services Committee. He didn't--and I think that makes a 25 basis point...
How low can 10-year Treasury yields go? How about another 25 basis points
Today with the yield on the 10-year Treasury down to 2.02%, a drop of 2 basis points, two Wall Street heavy weights are predicting that we haven't seen a bottom in yield yet. Not by a long shot. Goldman Sachs today cut its forecast for the year-end yield on the...
Whoa! on those interest rate cuts, the Fed says
The financial markets are getting ahead of themselves in a bad case of rate cut fever, Fed chair Jerome Powell, and St. Louis Fed President James Bullard both said today. This is a message that I've been waiting to hear as the financial markets moved to price in not a...
Adding Barrick Gold, #3 in my 10 Picks for the Next 6 Months Special Report, to Jubak Picks
It hasn't taken much--fears of war with Iran, a trade war with China, and signals of at least 50 basis points in interest rate cuts from the Federal Reserve--but gold has finally broken out of its 5-year trading range. Gold shot higher on June 20, testing the March...
Special Report: 10 Best Picks for the Last Six Months of 2019
This isn't  time for investing as usual. As whacky as the first half of 2019 has been--the Federal Reserve embraces interest rate cuts, the U.S. and China descend further into a trade war, the U.S. economy turns in better than 3% growth but fears for a slowdown in...
Central banks move into gold and out of dollars
Maybe investors are in love with the U.S. stock market--but global central banks are as enthusiastic about the U.S. Dollar. In the first quarter gold purchases by global central banks were the highest in six years. The move into gold seems to come from a desire to...Jim’s Stock Alerts
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