PIMCO CEO & co-CIO Mohamed El-Erian shares his market concerns heading into 2014 and why he believes it is time to sell stocks now.U.S. equities face an ironic headwind that will lead them to underperform their global peers next year — signs of an
Byron Wien’s top 10 calls tend to be very prescient, but in 2013, he got both the S&P and gold very wrong. He explains what happened, and provides his outlook for
El-Erian: QE trade getting old PIMCO CEO & co-CIO Mohamed El-Erian shares his market concerns heading into 2014 and why he believes it is time to sell stocks now. Due to the processes involved with economic recovery, U.S. equities are facing a headwind next year. “The U.S. equity market is a defensive market,” due to…
Terry Sacka on The Wealth Transfer show on the Christian Television Network discussing the risk of a parabolic stock market, China’s move on the dollar, and the use of
China just dropped an absolute bombshell, but it was almost entirely ignored by the mainstream media in the United States. The central bank of China has decided that it is “no longer in China’s favor to accumulate foreign-exchange reserves”. During the third quarter of 2013, China’s foreign-exchange reserves were valued at approximately $3.66 trillion. And of course the biggest chunk of
Terry Sacka on The Wealth Transfer show on the Christian Television Network discussing the parallels of the Roman Empire and The United States and how they both debased their money, thus showing why proper preparation is key. This discussion is focused around issues that surround
Join Greg Hunter as he goes One-on-One with economist John Williams.
Predictions of the U.S. Economy, U.S. Dollar and Hyperinflation 2014. John Williams of Shadowstats: “You’re going to have a dollar panic, but I can’t give you the exact timing on that.” Another potential problem is a credit downgrade of U.S. debt. Williams says, “If we get a downgrade here, that would accelerate the process of the dollar
Right now, China is the number one exporter on the globe and China will have the largest economy on the planet at some point in the coming years. The Chinese would like to see global currency usage reflect this shift in global economic power. The Chinese are now accelerating their long-term plan to dethrone the U.S. dollar.
At the moment, most global trade is conducted in U.S. dollars and more than 60 percent of all global foreign exchange reserves are held in U.S. dollars. This gives the United States an enormous built-in advantage, but thanks to decades of incredibly bad decisions this
Top GOP aide tells CNBC’s John Harwood the government shutdown could last one week or more. John Hardwood spoke to top aide who gave him an update of his assessment on the situation. He was advised that if we had a shutdown it would likely be very short and we would go through in a separate fight over
Jessica Bibliowicz, former Chairman & CEO of National Financial Partners, shares her reflections on the huge blow to the U.S. banking system five year ago and how she led her business back from the brink.
She discusses in detail the 3 main points surrounding her circumstances 1) To be relevant to
