3 Commodity Plays For The Mayan Apocalypse
Financial markets appear to be at a major crossroad; improving economic data on the homefront points to recovery, however, unresolved “fiscal cliff” woes can just as easily drag the United States back into recession. To top it off, sluggish growth in China coupled with Europe’s debt burden make for an unpredictable landscape riddled with clouds of uncertainty, leading many to believe that another economic downturn is inevitable. Some more superstitious investors have even gone as far as preparing for total collapse [for more economic news and analysis subscribe to our free newsletter].
Halloween Special: Three Terrifying Commodity ETF Performances
As markets re-open their doors on Halloween, investors will be scrambling to make up for lost time. But while today’s trading will be in a frenzy, we wanted to take Halloween day to look back on some of the more frightening commodity performances over the past few years. We found three of the worst commodity ETFs in the trailing five years to give you your share of terror on this holiday [for more commodity ETF news subscribe to our free newsletter].
Lessons Learned from a Drunk Commodity Trader
Do you remember that day back in June of 2009 when crude oil suddenly spiked by $1.50? Chances are that you probably don’t, but don’t feel too bad, the trader responsible for the movement has no recollection either. There are many things that one should refrain from doing while under the influence of alcohol, and we can now add commodity trading to the list. Yes, if you can believe it or not, a trader got so drunk three years ago, that he executed a massive position and had absolutely no memory of doing so upon awakening [for more commodity news and analysis subscribe to our free newsletter].
5 Surprising Facts You Probably Don’t Know About Ben Bernanke
Federal Chairman Ben Bernanke has become a widely known name in recent years, perhaps for the wrong reasons. As Chairman, Bernanke has faced loads of criticism for his actions to jumpstart an economy that has been struggling for the majority of his time behind the wheel. Bernanke took office in 2006 under President Bush and has since been faced with one of the worst economies in U.S. history. But there are probably a number of things that you don’t know about Mr. Bernanke and his tenure as Fed Chairman [for more economic news and analysis subscribe to our free newsletter].
Norway Prepares For The End of The World
The concept of a world-ending economic collapse seemed to be a joke several years ago, but as time has pressed on, more and more people have hopped on the bandwagon of a world-ending crisis, be it a natural disaster or economic crisis. But while some people may be sitting around merely talking about the possibilities of all of the terrible things that could happen, one country is actually doing something about it. The Norwegian government has funded and built a seed vault in preparation for any kind of regional or global disaster [see also Doomsday Special: 7 Hard Asset Investments You Can Hold in Your Hand].
