Here’s a quick, executive summary of the week’s stories, with a link to the full articles online …
Immediate Answers to Your Questions
Martin D. Weiss took on your questions related to his new ultimate portfolio in a video Q&A session that you can see by clicking here. In addition, since that recording, other questions have come in, and Martin addressed some of those in his regular Monday Money and Markets column. Click here to read more.
Bears Making Progress, But They’re Stoppable
|The Bears are making progress on Wall Street, but further advances are not inevitable.|
The selling that has hit other markets — such as commodities junk bonds — has started to edge its way into the stock market. It’s not a bear market, but bears have been making more progress than casually meets the eye. You can see it in the breadth measures, which suggests that much of the market has been idling or stuttering in a 5 mph reverse since July. Get Jon Markman’s take on the markets, as well as his “obsession” with another issue by clicking here.
Why Collectibles Remain Red Hot
High-end collectibles, such as rare coins and art, are hot items among investors, with amazing prices being recorded for the best of the best. What’s going on? Get Larry Edelson’s take on the situation by clicking here.
A Buying Opportunity for Stocks?
Are recent down moves by the stock market just another temporary selling-squall that will soon blow over, or is there a bigger storm brewing for stocks? To help answer that question, Mike Burnick reviewed the seasonal trends to determine where we are now in the stock market cycle. A closer look at the evidence suggests a buying opportunity may be just around the corner. Read more by clicking here.
Global Money Flows From Europe to U.S.
There’s a Global Money Tsunami going on! Frightened investors all over the world are moving money out of economies and markets with excessive risks and in to economies and markets with greater stability. They’re worried sick about war, political chaos, currency devaluation, asset confiscation — or worse! So they’re flocking to the U.S.! Find out more about this movement of funds by reading Mike Larson’s column here.
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:
A World Gone Mad — And Your Stocks
Increased airstrikes in the Middle East. More sanctions and counter-sanctions in Russia and Eastern Europe. Slumping confidence and weak production in Western Europe. They’ve all contributed to the swings we’ve seen lately in the stock markets. Get Mike’s take on the matter by clicking here.
What’s Going on With Foreign Currencies?
The Japanese yen is plunging. The euro is plunging. The Canadian dollar is falling, and so is the Australian dollar. Heck, even that plucky New Zealand currency affectionately known as the “kiwi” is tanking! What’s going on here? See what Mike is seeing — click here.
What Will the Ebola Crisis Mean for You?
The deadly Ebola virus has struck home! That’s the word out of the Centers for Disease Control, which confirmed the first U.S.-diagnosed case of the virus. So should you be concerned? Well, the CDC says it’s confident it can contain the virus. The U.S. system is in far better shape than its counterparts in Africa. Still, what will it mean to you, the markets and world travel? Click here to read more.
Time to Buy Into Autos?
In six months, will we be talking about the “Buffett Bottom” in the car industry and auto stocks? Or is the auto market going to run out of gas? Mike Larson has a view on it, click here to read more.
The Money and Markets Team