Ritholtz: Gold Will Bounce Above $1400, Then Fall 50%

The gold trade is flat this morning, following its worst quarterly drop since daily trading began in the mid 1970s. Despite a small gold rebound, prices remain 35% below the record high reached in September 2011, which topped $1,900 an ounce. The latest fallout from the drop: a delayed opening for Barrick Gold’s (ABX) Pascua-Lama […]

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Wall Street Ends Higher on Data Boost

Wall Street Ends Higher on Data BoostReuters Stocks closed higher on the first day of a new quarter on Monday, boosted by economic data, but pulled off their … From: http://us.rd.yahoo.com/finance/news/rss/story/SIG=14pookhg2/*http%3A//us.rd.yahoo.com/finance/news/topfinstories/SIG=12mc63450/*http%3A//finance.yahoo.com/news/stock-futures-indicate-positive-start-113219683.html?l=1

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Stocks soggy as Fed tapering worries linger, China eyed

By Ian Chua SYDNEY (Reuters) – Asian stocks got off to an uninspired start on Monday, while the U.S. dollar held firm at one-month highs after an influential Federal Reserve official suggested September could be the beginning of the end of easy money from the central bank. MSCI’s broadest index of Asia-Pacific shares outside Japan […]

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Smartphones: Why Size Matters

Some people worry their smartphone is making them stupid. It might be worse than that: Your phone might be making you wimpy, too. A new study by two Harvard Business School researchers finds that the size of your digital device may help determine your assertiveness. Really. Researchers Maarten W. Bos and Amy J. C. Cuddy […]

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Gold Closes Terrible Quarter: What’s Next?

By Mark Dow Sentiment has dramatically shifted on the precious metals. The gold bugs have gone silent or are desperately trying to re-frame their pitches. Meanwhile, the bears have gotten loud, and people previously claiming neutrality — in no small part out of fear of wrath from the gold bug crew — now feel free […]

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Buckle Up! Expect More Market Volatility This Year

Investors, buckle your seat belts. Markets in the second half could be driven by more volatility, though most strategists expect equities to ultimately end the year higher than their current levels. “The recent volatility in stocks and bonds will likely be with us for the foreseeable future (at least a few months),” wrote strategists Stuart […]

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Asian shares edge higher on global equity gains

By Chikako Mogi TOKYO (Reuters) – Asian shares edged higher to extend gains for a third day on Friday, tracking an overnight rise in global equities on easing fears of an early end to U.S. monetary stimulus, but caution remained about the recently volatile Chinese markets. Global equity markets and bonds extended gains on Thursday, […]

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Shares steady, gold and euro rise as Fed, China fears ease

Shares steady, gold and euro rise as Fed, China fears easeReuters European shares and bonds held on to recent gains on Thursday while gold and the euro gained, after data suggested … From: http://us.rd.yahoo.com/finance/news/rss/story/SIG=14h8pfgtn/*http%3A//us.rd.yahoo.com/finance/news/topfinstories/SIG=12e9ai211/*http%3A//finance.yahoo.com/news/asian-shares-extend-gains-fed-034022203.html?l=1

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U.S. First-Quarter Growth Cut to 1.8%

WASHINGTON (Reuters) – U.S. economic growth was more tepid than previously estimated in the first quarter, held back by a moderate pace of consumer spending, weak business investment and declining exports. Gross domestic product expanded at a 1.8 percent annual rate, the Commerce Department said in its final estimate on Wednesday. Output was previously reported […]

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U.S., Chinese Central Bankers Seek to Calm Markets

After enduring four of the worst trading days we’ve seen in over a year, fund manager Ted Parrish of Henssler Financial says it’s time to take advantage of a market that’s five percent cheaper than it was a week ago, and almost seven percent lower than it was a month ago. “I would buy right […]

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