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At 1.5% less than three weeks ago, the Q4 GDP estimate has plunged all the way to 0.3% based on recent economic data.
Gold prices have been in decline since early September but any dips represent buying opportunities ahead of a significant move higher.
Reaching for high yields using closed-end funds is not for the timid but YYY's portfolio composition could be positioned well to rally from here.
Despite record low unemployment, GDP growth of 1-2% and tame inflation, a majority of adults still think that the economy will begin contracting soon.
International equities are flashing buy signals almost across the board. U.S. equities are still looking good but fixed income is mostly red.
Gold prices have consolidated since this summer's rally. I suspect they'll remain under pressure following an abundance of better than expected data. MLPs, however, could be primed for a short-term rally.
4th quarter GDP growth is expected to again be driven by consumer spending but net exports and changes in inventories will be headwinds.
David Moadel on Twitter makes the case for why 2020 could be another big year for equity returns.
After extreme enthusiasm that drove pot stocks to ridiculous valuations, a 50% haircut from 2018 highs is making the sector look attractive once more.
As negotiations continue to try to wrap up phase one of the U.S.-China trade deal, China is pushing for last minute concessions that would make it the early winner.
