The phrase “Cash is king,” has become a rather ubiquitous part of financial vernacular. I did some research on who first coined the phrase, and […]
Economic News
Gold at $350? Buyers of SPDR Gold Trust (ETF) (NYSEARCA:GLD) Warned
SPDR Gold Trust (ETF) buyers are in a risky situation. Those that have been holding onto shares in the ETF have lost more than 7 […]
SPDR S&P 500 ETF Trust (NYSEARCA:SPY) Jumps In Pre-Earnings Rally
The SPDR S&P 500 ETF Trust (NYSEARCA:SPY) was up in pre-market trading on Thursday morning as the US markets headed into earnings season and China’s […]
Greece’s Implicit Bond Guarantee Shows Market Belief In Euro Future
Greece is still in the midst of talks with the Euro group in order to find a long term solution to its current issues, but […]
Apple Inc. (AAPL) Sets Japan Bond As Abenomics Puts Rates Below Zero
Apple Inc. (NASDAQ:AAPL) is planning a bond sale in Japan, and it’s no wonder. Interest rates in the Pacific island chain are lower than almost […]
Nationwide Fined $8 Million For Refusing To Open Its Mail
Nationwide Life Insurance Co. didn’t answer its mail on time for 15 years, and the SEC is just now catching up to the company’s shenanigans. […]