‘I have seen this happen before’: Nobel prize winner sounds an economic warning

Economist Robert Shiller thinks his peers have missed something big. Most experts in his sphere believe the cogs of the economy are turned by policies and mathematics. But Nobel Prize-winning Shiller has always sought out the human side of the so-called dismal science. Shiller has famously predicted the last two economic crises to topple the US economy.Credit:AP He instead sees […]

Read more

High-tax state exodus seen accelerating as controversial SALT cap may be here to stay

Big money flees high-tax states Point View Wealth Management’s David Dietze and Texas Congressman Lance Gooden (R) on big money’s flight from high-tax states. If the Trump administration gets its way, the controversial $10,000 cap on state and local tax deductions won’t be going anywhere anytime soon. Continue Reading Below The White House is working on a Tax Cuts 2.0 […]

Read more

‘Never seen such difficult conditions:’ Bouris hit by loan crackdown

Mortgage lending veteran Mark Bouris, the chairman of listed broker Yellow Brick Road, says conditions facing borrowers are the toughest he has experienced during his time in the industry. In the latest warning from a broker about tighter credit, Mr Bouris said the last six months of 2018 had been "unusually tough" for Yellow Brick Road, which reported a $34.1 […]

Read more

Gold Seen as a Top Idea For 2019

This article was originally published on ETFTrends.com. Gold and the corresponding exchange traded products have been mostly disappointing this year, but some investors believe bullion is a top idea for 2019. “For the second year in a row, investors remain optimistic that gold will shine in 2019 as they search for stability in an environment of growing uncertainty and volatility, […]

Read more

Eurozone economy seen slowing through to 2020

European Commissioner for Economic and Financial Affairs Pierre Moscovici presents the Autumn 2018 economic forecast at EU headquarters in Brussels, Thursday, Nov. 8, 2018. (AP Photo/Olivier Matthys) Economic growth across the 19-country eurozone is set to slow down further in coming years and become increasingly reliant on domestic factors like consumer spending, the European Union said Thursday. Continue Reading Below […]

Read more

Impact of Rising Rates Seen Diminishing for Bank ETFs

This article was originally published on ETFTrends.com. In what can be seen as glum news for a group of exchange traded funds struggling even as interest rates, some analysts and market observers believe the impact of higher interest rates on banks’ net interest margins (NIMs) will diminish in the coming quarters. The Federal Reserve has raised interest rates three times […]

Read more

UK wage growth dips but interest rate increase seen on track

The Bank of England is expected to raise interest rates again next month even though official figures Tuesday showed wage growth moderating and despite the latest parliamentary tribulations surrounding Brexit. The Office for National Statistics said Tuesday that average weekly earnings were 2.7 percent higher in the three months to May compared with the year before. Though down on 2.8 […]

Read more