Did another country drop out of the Euro? That’s the first thought that came to my mind last week. I woke up at 3:00 A.M., groggy, and in a hotel in downtown Munich. Part of me wishes I could tell you it was from a wild, lederhosen-and dirndl-filled night out on the down. But it…
DetailsForty-one years ago, the world had what was known as The Group of 6 (G-6). France, Germany, Italy, Japan, the United States, the United Kingdom would meet regularly to discuss international economic and monetary issues, international security, and energy policies, as well as preventing economic catastrophes from crippling the global community. In short, it was…
DetailsSo much for Dow 20,000… The Dow Jones Industrial Average pulled back 400 points Friday on fears the Federal Reserve could raise rates at its September 2016 meeting, and on fears that OPEC talks could again fail later this month. Even Goldman Sachs is bearish on the market. In fact, the bank now anticipates…
DetailsSomething big is brewing. The potential gains range between 100% and 300%. Yet most investors are never going to hear about it until the real opportunity is already gone. Gold may be grabbing a lot of headlines (and justifiably so). But another metal is just starting to turn up and has a lot more room…
DetailsIt’s one of the most volatile stories in the financial world. In August 2016, oil prices rallied from a low of $39.19 to a high of $49.36 on hopes that oil producer talks in September 2016 would curb ballooning supply. By late August, though, oil began to pull back to a low of $42.98. All…
DetailsWhat I’m about to tell you changed my financial life. It opened up endless opportunities. From attracting the attention of wealthy investors to opening up VC opportunities to being able to pass on less-than-ideal jobs, this did it all. It’s so simple I’m somewhat embarrassed to reveal it. However, if you want less risk and…
DetailsThe Cheap Investor has traded Groupon Inc. (GRPN) quite a few times. The most recent recommendations were at just $2.79 a share in the December 2015 issue, at $4.20 in the March 2016 issue, and at $3.35 in the July 2016 issue. Shares have since rallied to a high of $5.94, handing subscribers potential gains…
DetailsSo much for the Federal Reserve’s idea that the U.S. economy is prepared for a rate hike… Shortly after the U.S. announced that employers added 155,000 jobs in August 2016 (missing estimates for 181,000) the odds of a September 2016 rate hike dropped to 18% from 82%. Of those jobs, some of the biggest gains…
DetailsJohn Maynard Keynes was right. As someone who has read all five parts of The General Theory of Employment, Interest and Money, I can tell you that’s a big claim. Keynes has been portrayed as one of history’s great economic thinkers. His theories are the foundation for the modern financial system that has created so…
DetailsAfter a sell-off in the biotech sector, we found a great deal of severely undervalued names trading at extremely low prices. It’s part of the reason why we recommended Rigel Pharmaceuticals (RIGL) at just $1.95 a share in the April 2016 issue of The Cheap Investor. Shares of RIGL are now up 108% after the company…
Details“I am running a business. I am a for-profit business. I am not hiding from that.” That was Mylan CEO, Heather Bresch’s recent reaction to the EpiPen cost controversy. And as heartless as that may sound, she’s right. Mylan’s EpiPen essentially has no competition, and that’s why the company has been able to continuously raise…
DetailsWhen I moved to the Phoenix area, the first thing I noticed is that every road is in squares. Just squares. Endless squares From the city center to 20 or 30 miles in all directions the roads make nothing but squares. Near my place in Scottsdale is an S-curve that’s wildly out of place. When…
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