Category: General

Stocks soar after ECB vows to protect the euro

Posted on by The INO.com Team

(AP:NEW YORK) Stocks soared in the U.S. and Europe Thursday after the European Central Bank president vowed to "do whatever it takes" to preserve the continent's monetary union.

The Dow Jones industrial average soared 234 points to 12,913 in the first hour of trading, following European markets sharply higher. Benchmark indexes in Spain and Italy each jumped 5 percent. France's stock market surged 3 percent.

The comments from Mario Draghi at an investor conference at the Olympics raised hopes that Europe's central bank might intervene in markets to bring down the cripplingly high borrowing costs for struggling European countries like Spain and Italy. Continue reading "Stocks soar after ECB vows to protect the euro" →

Bypassing Government Roadblocks to Your Personal Prosperity

Posted on by The INO.com Team

By David Galland, Casey Research

Recently I helped out with some delivery chores. As I drove about, I discovered that one of the roads I would normally use was closed by roadblocks. It was, I imagine, due to road repair work. I had to reverse course and take a substantial detour.

I wondered why the road crew hadn't put up a sign indicating the road was closed back at the main intersection, but I shrugged and muttered something like "Typical government operation." Continue reading "Bypassing Government Roadblocks to Your Personal Prosperity" →

Nasdaq Turns Positive But Dow Continues To Outperform

Posted on by The INO.com Team

(RTTNews) - Stocks have moved mostly higher over the course of the trading day on Wednesday after turning in a mixed performance earlier in the session. The major averages have all moved to the upside, with the Nasdaq climbing just above the unchanged line.

The strength that has emerged on Wall Street comes on the heels of the notable weakness seen over the three previous sessions, with some traders picking up stocks at reduced levels. Continue reading "Nasdaq Turns Positive But Dow Continues To Outperform" →

Stocks mostly higher; Boeing, Caterpillar lift Dow

Posted on by The INO.com Team

(AP:NEW YORK) Stronger earnings from Boeing and Caterpillar sent the Dow Jones industrial average higher Wednesday, but the broader market was mixed following a sharp drop in new home sales and a rare earnings miss from Apple.

The Dow was up 43 points at 12,660 in the first hour of trading. The Dow is coming off three triple-digit losses in a row. Continue reading "Stocks mostly higher; Boeing, Caterpillar lift Dow" →

The New Economic Collapse Video: It makes uncomfortable but urgent viewing

Posted on by The INO.com Team

When Casey Research Chief Technology Investment Analyst Alex Daley met former Reagan Budget Director David Stockman to talk about the economy and where he sees it leading taxpayers investors and savers in the near future, he got some very intriguing insights from a man who served right at the heart of the US federal government.

True, some if it makes for uncomfortable watching, but the message is critical if you want to keep your assets safe in what David calls calls "the great unwind." Continue reading "The New Economic Collapse Video: It makes uncomfortable but urgent viewing" →