Here are the latest items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. And it bears mention that most of these items are from the “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is on the 2o17 Stock Rally. (See the Stock Markets section.)
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Stock Markets (2017 Stock Rally):
Over at the CNBC Cheering Section: Strategist Jeff Saut: I’d expect 2018 to almost repeat 2017’s record stock rally. JWR’s Comment: The ongoing 2017 Stock Rally (called The Icarus Rally, by some) is probably an aberration that won’t continue for all of 2018. If Saut’s prediction proves right, then I’ll eat my hat. A Qualifier: I always hedge, so I must clarify that the hat I just mentioned is my smallest felt cap, so I guess I could cut it up into very small pieces…
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Next up, over at Seeking Alpha: Commodities in 2018 and beyond? Here is a quote: ‘”Commodities are screaming to be bought at the expense of stocks,’ says financial advisor Shawn Hackett.”
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OilPrice.com reports: There Aren’t Enough Truckers In Texas
Economy and Finance:
G.G. flagged this news: Store closings: 17 retailers on the 2018 death watch
Starting in December, 2018: New FASB standard aims to simplify hedge accounting
SurvivalBlog and its Editors are not paid investment counselors or advisers. So please see our Provisos page for our detailed disclaimers.
Please send your economics and investing news tips to JWR. (Either via e-mail of via our Contact form.) These are often especially relevant, because they come from folks who particularly watch individual markets. And due to their diligence and focus, we benefit from fresh “on target” investing news. We often “get the scoop” on economic and investing news that is probably ignored (or reported late) by mainstream American news outlets. Thanks!