Category Archives: Blog

Big U.S. Banks Warn of Near-Term Sell-Off

Oil Prices

Banks Becoming Bearish The S&P 500 and broader markets continue to trade near record levels and investors remain optimistic that President Trump’s economic policies, tax cuts, and infrastructure spending will provide the U.S. economy with a much-needed jolt. But three of America’s biggest banks believe the markets have moved too far too fast; stocks are […]

Canadian Dollar Slides on Weak Retail Data and After U.S. GDP Misses Estimates

Canadian Retail Sales Disappoint The Canadian dollar took a hit following a raft of disappointing economic data. The Loonie is feeling pressure from underwhelming fourth quarter retail data and disappointing fourth quarter U.S. gross domestic product (GDP) numbers fell to a two-week low against the greenback. One Canadian dollar is now worth around USD$0.75. At […]

Icarus Trade Could See Stocks Melt Up 10% Followed by 10% Meltdown

Oil Prices

Stocks Expected to Tumble in Second Half of 2017 Stocks are soaring on an illusion and could come tumbling back to Earth by 10% in the second half of 2017; however, that estimate may be far too conservative. It’s called the Icarus Trade and will present investors with a number of excellent investing opportunities.1 Whether […]

George Soros Lost $1.0 Billion Following Trump Election

Gold Prices Rebound

Bearish George Soros Lost $1.0 Billion after Trump Won White House George Soros, the founder of the $4.5 billion Soros Fund Management LLC and the 23rd wealthiest person in the world1, lost nearly $1.0 billion as a result of the stock market rally after Donald Trump’s surprise election victory.2 Soros, who famously made $1.0 billion […]

Pharmaceutical Stocks Get Bump after Trump Victory, but Industry Faces Headwinds Now

Pharmaceutical Stocks

Trump Victory Gives Pharmaceutical Stocks a Bump Whether through tweets, press conferences, or unscripted remarks, it’s becoming clear, that Donald Trump’s words have an immediate impact on the stock market. Immediately following Donald Trump’s election victory in early November, healthcare stocks got a bump, with many thinking pharmaceutical stocks would be one of the big […]