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Economy

“US GDP rose a better-than-expected 1.9% in the third quarter as consumers continued to spend”

“U.S. gross domestic product — the broadest measure of the U.S. economy — grew faster than expected in the third quarter, but slowed slightly as business investment continued to decline. The Commerce Department said Wednesday that economic activity grew at… Continue Reading…

Economy, Investing

“Is Cash Truly a Better Safe Haven Than Gold?”

“Recently, CNBC published an article stating that investors have been dumping gold to jump into a preferred safe haven: cash. The saying goes that during times of market uncertainty and turmoil, cash is king. So, what would have happened if you held… Continue Reading…

Economy, Stocks

“August was a month to forget for investors. September may be little better”

“US stocks on Thursday had their best day in roughly two weeks on hopes that trade tensions between the United States and China could ease… August is shaping up to be the second worst month for stocks this year, in sharp contrast… Continue Reading…

Economy

Turning Point? “…Semiconductors are now showing better signs about the global economy”

“The semiconductor sector is turning the corner and showing signs that the global economy could be stronger than previously thought, CNBC’s Jim Cramer said Tuesday. The industry’s attempt to bounce back from its 2018 woes is being propped by Nvidia‘s… Continue Reading…