The two fastest growing sectors last week in the U.S. stock markets were non-cyclical consumer goods and utilities. These grew by 0.89 percent and 0.51 percent, respectively. Part of this is surely due to the fact that the price of…
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As the holiday season gets closer, many traders attempt to take advantage of something that has happened in the marketplaces in the past. Many fund managers, attempting to unload some of the weaker stocks (or other assets) in their portfolios,…
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A recent article in a financial magazine made the assertion that the top 1 percent of the population made a higher profit rate than traders in the bottom 99 percent in 2014. This isn’t a surprise, but the reason given…
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The euro was recently adopted as the official currency of Lithuania, a nation that relied upon a Communist structure with its own currency, the lita. This makes Lithuania the 19th country to adopt the euro, and it puts more pressure…
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