steve karvanis

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In China, cash is dead

In major Chinese cities, paying by paper money is all but dead thanks to the convenience of mobile payment, which has now surged to US$5 trillion in the mainland.<p>Ask Lin Nianbao, owner of Ruyi Restaurant that sells noodles, dumplings and rice dishes on Shanghai's Lancun Road. Lin is now a firm …

China

Buy Any Stock for a Discount -- Here's How

Image Source: Getty Images.<p>If you're worried that the market is too expensive now, then you're not alone. It seems we can't go a single day without another expert predicting a stock market correction or even a full-blown recession. Fortunately, you don't need to worry about overpaying for the …

Loomis Sayles' Fuss sees higher U.S. bond yields after Trump win | Reuters

TOKYO (Reuters) - Dan Fuss, one of the world’s longest-serving fund managers, said on Thursday that he had revised up his forecast of U.S. government bond yields next year after Donald Trump was elected the next president.<p>Dan Fuss gestures as he speaks at the Reuters Investment Outlook Summit in …

Economics

'They're desperate. It's a global bubble. And the markets believe they'll do anything to keep it going'

That means we are in for a bigger crash and deeper dislocation when it all comes to an end and the man who has made a career out of being the first to correctly call market bubbles has a good idea which will be the first central bank to crack.<p>Doug Noland of McAlvany Wealth Management has a long …

Bank of Japan

For exposure to gold, silver or oil, these are the best funds

Commodities can add valuable diversification to a portfolio, but it’s far from easy for the average investor to work out what exactly to buy if they want to track the price of oil, gold or any other staple.<p>There are a huge range of commodities accessible to private investors, ranging from gold to …

The Bubble Of Cash On The Sidelines Is Getting Bigger

Cash levels accumulated by investors have reached record highs not seen anytime since Brexit or September 11, 2001.<p>If we look at historical patterns, …

Stock Markets

Canadians set to test this Astroskin smart shirt in space

The Canadian Space Agency just signed a $2.4m deal with Carré Technologies to test a smart shirt that can be remotely monitored via several sensors from extremely far distances.<p>The shirt is designed to keep track of the wearer’s health and will be worn by Canadian astronaut, David Saint-Jacques, …

Health Care

Chesapeake Sets Record with Massive Frack (CHK) | Investopedia

During Chesapeake Energy Corp’s (CHK) Thursday conference call with analysts and investors, the company claimed it set a new record for fracking …

Interested in playing the stock market? Here's how to research stocks.

Researching a stock is a lot like shopping for a car. You can look only at the technical specs, but it’s also important to consider how the ride …

Investing

2 Top High-Yield Dividend Stocks to Buy Now

Image source: Getty Images.<p>Just because a stock pays a high dividend doesn't make it a great investment. High-yielding stocks are nice, but generous dividends combined with strong growth potential and an attractive share price are a long-term investor's dream. With that in mind, here are two great …

Batteries May Trip ‘Death Spiral’ in $3.4 Trillion Credit Market

Battery technologies starting to disrupt the electricity and automobile industries may also emerge as a trillion-dollar threat to credit markets, …

Electric Vehicles

Canadian, World, Politics and Business News & Analysis

What Do Berkshire, Twitter and Alibaba Have in Common?

It’s the end of another day on the New York Stock Exchange in Lower Manhattan, and that means it’s Global Trading Systems vs. the world.<p>Brokers in …

Wall Street

Britain’s $1.8 Trillion Bond Market Ensnared in Brexit Battle

The prospect of a messy divorce between the U.K. and the European Union threatens to overwhelm support for nation’s bonds from the Bank of England’s …

Economics

Inside the risky strategy that made Canada’s biggest pension plans the new ‘masters of the universe’

They are among the world’s most famous landlords with stakes in major airports in Europe, luxury retailers in New York and transportation hubs in …

Finance

This environmentally friendly oil super major yields 6.85%

My long-time readers know that my calls tend to be measured, and I am not given to hyperbole. So why do I call Royal Dutch Shell RDS.B, +3.07% the …

Investing

JIM ROGERS: Making money is one of the most dangerous things you can do as an investor

Those are a few of the messages of legendary investor Jim Rogers, who I spoke with at earlier this year (you can read the full interview here).<p>In the early 1970s, Rogers co-founded the Quantum Fund, one of the world's most successful hedge funds. After generating returns of 4,200 percent over ten …

Personal Finance

Brexit could do more than kill Europe’s economy—it might kill even more bees, too

Brexit has kicked the hornets’ nest.<p>Across Europe, populations of wild bees have been declining for the past decade. It’s estimated that 75% of food crops—including fruit, vegetable, seed, nut and oil plants—depend in part on bees and other animals to pollenate them, so the fallout from this mass …

Ecology

Here's the patent that could crush Monsanto and save the world

Monsanto has a new enemy… fungi. Mycologist Paul Stamets holds a patent for insect-killing fungi – or mycopesticides – that could disrupt the …

7 Dividend Stocks With Big Yields to Buy ASAP

The Federal Reserve gave the "all clear" to high-dividend stocks when it held off raising rates. Go full steam ahead on these seven.<p>If there has been …

Investing

The Dangerous Cult of Academic Macroeconomics

In economics as in physics, loyalty can trump the pursuit of the truth.<p>Paul Romer, chief economist at the World Bank, has offered a controversial explanation for why the shocking experience of the 2008 financial crisis has had so little effect on academic macroeconomics. The field, he asserts, has …

Quantum Mechanics

How Actual Nuts and Bolts Are Bringing Down Oil Prices

Last spring, Statoil ASA announced it had used the same oil well design and components to drill three reservoirs for the price of one.<p>While the specs …

Oil

3 Industries That Will Be Transformed By AI, Machine Learning And Big Data In The Next Decade

Historically, when new technologies become easier to use, they transform industries.<p>That’s what’s happening with artificial intelligence and big data; as the barriers to implementation disappear (cost, computing power, etc.), more and more industries will put the technologies into use, and more and …

Artificial Intelligence