Tuesday, 16 April 2013

5 Smart Insights For Financial Advisors

5 Smart Insights For Financial Advisors What Falling Gold Prices Tell Us About The Stock Market (Advisor Perspectives) "At a most rudimentary level, equities are residual claims in the capital structure. Gold, on the other hand, expresses confidence in the financial system," writes Mark Ungewitter of Charter Trust Company in Advisor Perspectives. "Confidence in banks, currencies, governments and Wall Street seems...

Monday, 15 April 2013

US Futures Have Rallied And Turned Positive

US Futures Have Rallied And Turned Positive After the stock markets closed at 4:00 PM ET today, U.S. futures traded lower. However, they made a comeback, and now they're positive. ...

If You're Shopping For Gold Jewelry, Don't Expect Cheaper Prices Anytime Soon

If You're Shopping For Gold Jewelry, Don't Expect Cheaper Prices Anytime Soon Gold has hit new lows. But for Joe Consumer, it'll be mostly shrugs. We spoke with several jewelers to talk about what impact — if any — plummeting prices would have for their wares, and their subsequent attractiveness for consumers. They told us few people will notice any difference at jewelry stores for...

The Yen Is Sliding

The Yen Is Sliding With just an hour to go before Asia opens for Tuesday trading, the yen is sliding. Here's an Intraday look at the yen against the dollar via Bloomberg. Bloomberg Here's a longer term look for reference: ...

Markets Are In The Red In Asia, Japan Down 1.6%

Markets Are In The Red In Asia, Japan Down 1.6% Markets have just opened in Asia, and they are trading lower. Japan's Nikkei is down 1.6%. Korea's Kospi is down 1.0%. Australia's S&P/ASX is down 0.4%. The sell-off comes in the wake of disappointing U.S. economic reports and a sharp Monday stock market plunge. Gold tumbled by as much as 10% today. Just before 3:00 PM ET, there were at least two explosions...

Pope stands firm on reforming "radical feminist" U.S. nuns

Pope stands firm on reforming "radical feminist" U.S. nuns Pope Francis has reaffirmed the Vatican's criticism of a body that represents U.S. nuns which the Church said was tainted by "radical" feminism, dashing hopes he might take a softer stand with the sisters. Francis's predecessor, Benedict, decreed that the Leadership Conference of Women Religious (LCWR), a group that represents more...

Afghan electric company struggles to make powerful customers pay

Afghan electric company struggles to make powerful customers pay How do you collect a $200,000 electricity bill from an Afghan warlord? Try cutting him off from the grid. Then turn off your cell phone so he can't yell at you. General Rashid Dostum - one of Afghanistan's most powerful militia leaders - found someone else to reconnect him within hours, said Mirwais Alami,...

Tweeting Turkish pianist given suspended sentence for blasphemy

Tweeting Turkish pianist given suspended sentence for blasphemy A world-renowned concert pianist was given a suspended jail sentence in Turkey on Monday for insulting religious values on Twitter, a case which has become a cause celebre for Turks alarmed about creeping Islamic conservatism. Fazil Say, also a leading composer, went on trial in October for blasphemy - a crime that can carry an...