Editor’s note: The markets and our Chaikin Analytics offices will be closed Monday, May 29, for Memorial Day. So we won’t publish our Chaikin PowerFeed e-letter. We hope you enjoy the long weekend. And you can expect to receive your next issue on Tuesday, May 30. Before you look at the latest headlines, get ready …
When times are tough, many investors turn to gold… It’s a commonly accepted “safe haven” asset. And that’s especially true during inflationary periods like what we’re living through right now. That’s a big reason why gold is hovering near a record high. But as I’ll explain today, investors can do even better than buying the …
Rising interest rates won’t crash the housing market… There, I said it. And it probably sounds a little crazy. But hear me out… Most industry experts will tell you that rising rates are putting pressure on housing prices. And they’re right that housing prices have pulled back in some areas. But in the past, interest …
Rising Rates Didn’t Crash Housing in the ’70s… And It Won’t Happen Today Read More »
The U.S. government can’t borrow any more money… Not yet, at least. You see, as a country, we’ve hit our $31.4 trillion “debt ceiling.” That’s the most money the U.S. can owe at any time. And it works out to roughly $94,000 per citizen today. The U.S. could default on its debt as soon as …
Don’t Worry About This $94,000-per-Citizen Tax Yet Read More »
You know an airline is desperate when the Uber to the airport costs more than the flight… Most Americans hunkered down during the COVID-19 pandemic in early 2020. But when my apartment lease ended, I had nowhere to go. And the media was painting a grim picture about what was happening across the country. I …
This Overlooked Corner of the Travel Industry Is Finally Recovering Read More »
Not much in life is scarier than the thought of your savings getting wiped out… Most people these days hold their money in a bank. And for the most part, it’s safe – even if it’s not all physically in the bank’s vault. That’s because the Federal Deposit Insurance Corporation protects up to $250,000 per …
It’s Not the End of Banks… But It’s Not Time to Buy Yet Read More »
U.S. job openings dropped below 10 million for the first time since May 2021… That might set off some alarm bells in your head at first. After all, Americans need jobs if they want to buy stuff. And a jobs market with plenty of opportunities gives people leverage to pick the best ones. That’s good …
Job Openings Are Vanishing… And That’s Good News Read More »
Things are looking up in the markets… Sure, we’ve recently experienced some volatility. And the S&P 500 Index is only about breakeven over the past two months. But we’re still a long way from the October bottom. The overall trend is in our favor. And several market sectors are beginning to outperform others… For example, …
The COVID-19 pandemic crippled the global supply chain… Here in the U.S., we experienced mass shortages in everything from food to cars. And roughly three years later, it’s still hard to find certain items (at affordable prices, at least). For one, semiconductors (or “chips”) are still in short supply… Part of the problem is that …
Uncle Sam Is Spending About $53 Billion to Bring This Industry Home Read More »
This winter, Americans enjoyed a reprieve at the pump… Gasoline prices surged last summer. The national average eclipsed $5 per gallon in June. But the average price plunged to around $3.10 per gallon by December. That’s a nearly 40% drop in about six months. Don’t expect the relief to last, though. In fact… it’s already …
