Here’s a quick, executive summary of the stories for the holiday-shortened week, with a link to the full articles online.
The No. 1 Stock in the World Right Now?
Martin D. Weiss and his team go through the numbers, with the help of the Weiss Ratings model, and they’re ready to reveal it. Click here to read more.
The Credit Crumble
One issue related to falling oil prices hasn’t been discussed much up to now. And that’s the credit position of energy producers who borrowed heavily when prices were high but now may be in danger. Jon Markman takes a closer look at the issue. Read more by clicking here.
Confirmed: Long-Term Bull Market
Equity markets are now in a long-term bull market, the likes of which has not been seen since the 1932 to 1937 period, when the Dow Jones Industrials soared nearly 382 percent — rallying from a low of 40.56 in July 1932 to a high of 195.59 in March 1937 — even though the global economy continued to sink deeper into a depression. Larry Edelson looks at today’s markets. Click here to read more.
A Swiss Miss …
The grassroots measure requiring the Swiss central bank to hold 20 percent of its reserves in gold was rejected by more than three out of four voters. Had the initiative prevailed, the Swiss National Bank would have had to buy 1,500 metric tons of gold for its reserves over the next five years. It also would have had to demand the return of Swiss gold held by foreign central banks. What’s next? Charles Goyette takes a look at the situation. Read his report by clicking here.
China’s Markets — and Ours!
There’s a very important lesson for U.S. investors out of what’s happening with the markets in China. Click here to get Mike Larson’s view on the matter.
The Week’s Hot News
Money and Markets columnist Mike Larson and others take a look at key financial and political events around the globe after the market close. Here are the week’s highlights:
Are We There Yet?
Have we hit bottom with oil prices? That’s the debate after OPEC decided not to cut production to support prices, sending oil and energy-related stocks tumbling. There was a quick rebound early in the week — what does it mean? Click here to read more.
More Energy …
Mike Larson further examines the energy sector and looks at what’s ahead and what investments will pay off in the near term. Click here to read more.
Russian Currency, Economy Sink: Putin Cornered
|Vladimir Putin is being pushed into a corner with his currency and economy tanking. What’s his next move?|
The combination of falling oil prices, economic sanctions, and a collapsing currency are squeezing Russian President Vladimir Putin more and more each day. With little relief on the way, the only question now is “How will he respond?” Mike takes a look. Get his take on it by clicking here.
Draghi Drama — Keeping Watch on the ECB Chief
Mario Draghi has become an important figure in the economic policies of Europe, and as a consequence, the rest of the globe. He spoke again this week. Mike takes a look. Click here to read more.
The Money and Markets Team