smart-money-report.com Blog

Russia’s billionaires are moving into gold.

Jeff Miller thinks that yesterday’s stock market action offered clues about what might be happening in the future.

Roman Dutkewych says it doesn’t look good for 2008.

The Wisdom of Crowds helps explain the rise in gold.

Want a sure way to not make money? Sit around and worry about whether we’re in a recession or not:

We wonder how anyone can state with 100% certainty that we are “now in a recession.” Or the opposite. If a recession occurs, something that no one knows yet, the actual dating of the beginning by the NBER will be the prior peak. It might include the current period. If there is a bounce in the economy, it will not. Many of those so certain about a recession have been (mis-)predicting the economy for years. There is no statute of limitations. The media points out that these people saw the problem early, as if it were praiseworthy to miss major market gains.

Trader Thoughts on why the Fed will cut 50 basis points today.

There’s no such thing.

From Psychology Today.

Don’t make the mistake Hank Greenberg made. Swing.

Here’s what to expect.