GDP Misses Forecasts, Don’t Blame The Economists

GDP Misses Forecasts, Don’t Blame The Economists

Gold Silver Reports ~ If you had to make a bet on how Canada’s economy was going to fare in the future, you’d be better off putting your money on private-sector economists’ predictions than the forecasts of the federal government.

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Is The Authenticity Of GDP Data Questionable?

Gold Silver Reports ~ While recent GDP readings have showed inconsistency repeatedly, investors should not ignore GDP readings totally, said IHS chief economist Nariman Behravesh.

But there are at least three different problems with the GDP data series. The first is seasonality; there are huge swings in seasonality – for instance the first-quarter data is almost always underestimated. The government doesn’t seem to know how to deal with the first-quarter GDP data – whether it’s bad weather or something else.     

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Wisdomtree CBOE S&P 500 PutWrite Strategy Fund

Gold Silver Reports ~ Institutional investors have been selling or writing put options for many years to boost income when markets are placid and trend sideways.

Put options are financial derivative contracts that gives the buyer/owner the ‘right’ to sell an underlying asset (e.g. stocks) at a pre-agreed strike price on a stipulated date (e.g. one month/ three months from the date of purchase).

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Be Generous

Guard your time fiercely. with it, but be intentional about it. – David Duchemin

The Prettiest Hell

She was the prettiest Hell I have ever been in; I didn’t mind burning at all. – Matt Baker

Creating Problems

Stop overthinking, you’re only creating problems that aren’t there.

Crude Oil Rates Steadied on Thursday, Paring losses

Crude Oil Rates Steadied on Thursday, Paring losses

Gold Silver Reports ~ Crude Oil Rates steadied on Thursday, paring losses after a renewed drop in U.S. oil rigs, but analysts and traders said there could be another selloff in the coming week if U.S. crude stockpiles hit record highs again.

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Gold Biggest Loss in More Than 4 Months

Gold Biggest Loss in More Than 4 Months

Gold Silver Reports ~ Gold Spot rebounded after hitting a 4-week low on Thursday, but prices were still poised for their biggest weekly loss since November as the prospect of more U.S. interest rate rises has bolstered the dollar.  

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