Investing and Global Finance News

Tag Archives: U.S. Economy

David Stockman on Today’s U.S. Economy

In a recent Q&A, David Stockman implied that the only way to safeguard assets today is with cash or gold bars. From his perspective, the efforts made by the Federal Reserve do little but push stock and bond markets closer to the brink. And Stockman’s opinion is not one to take lightly. The man is… Continue Reading

Wal-Mart Offers Insight on New “Consumer Normal”

Americans will spend money despite the hesitant economic recovery as long as they believe they are buying at the lowest prices, according to Wal-Mart Stores Inc., the U.S.-based multinational retailer. The department store chain discovered the nation-wide habit by guaranteeing the lowest prices in the market throughout this year’s holiday season. Last year’s fourth quarter… Continue Reading