Today marks the last full day in office for outgoing president Barack Obama. Although he assumed office during the worst financial crisis since the Great Depression and he leaves it with U.S. stocks at or near their peaks, not to mention 75 consecutive months of job creation, U.S. wages have been only recently shown some signs of picking up, and productivity has not recovered to anything like normal. Furthermore, the U.S. labor participation rate closed 2016 at less than 63 percent, near its 40-year low. Read more about A Chapter Closes, Another Begins 01-19-17
Yesterday president-elect Donald Trump held his first press conference since the summer. He spoke chiefly on cyber security, an area whose importance we have repeatedly stressed in this space. Naturally, headlined allegations that Russia had leaked political emails to the press, so as to influence the 2016 U.S. presidential election brought cyber security further into focus. Read more about Spotlight on Cyber 01-12-17
We will publish the January 2017 issue of Real World Investing this week. In it, we review a series of issues that now face the U.S. under the upcoming administration of president-elect Donald Trump. As we note, the problems with which he must now contend do not relate to his own actions, but to those of previous presidents and administrations.
But the threats that face America now loom larger and more imminent than ever, and it is important that our readers understand everything that is at stake. Read more about January 2017 Issue to Publish Soon 01-05-17
Gold suffered seven weeks of declines in November and December—its worst week-to-week run in 12 years—before it finally saw a fourth-consecutive daily gain today. Despite a rough second half of 2016, precious metals still have had their best annual performance this year since 2012. Gold should close 2016 up about 8 percent for the year and silver, about 16 percent.
Today's action comes at least partly in response to news both in the U.S. and China. Read more about Interesting Road Ahead 12-29-16
From the worst 10-day start to any year on record for the stock market, to Brexit, to a surprising Donald Trump victory, and everything in between, 2016 has been a wild ride at times for investors, especially considering the remarkable calm in the U.S. equity market between 2011 and 2015. With a new administration taking office in January, and some seeds of volatility deeply implanted in the world, 2017 is shaping up to be possibly an even more interesting year. Read more about What Will 2017 Bring?