David does not own a position in LQD or MCD
Gold’s latest pullback has left traders really down on it, fueling mounting bearishness and apathy. But that healthy selloff accomplished its mission of rebalancing sentiment, eradicating early May’s greed and overboughtness. That has reset gold’s technicals, leaving them very...
David owns no positions in securities mentioned
May 2023 was another month indicating mostly neutral economic trends in the American Institute for Economic Research’s Business Conditions Monthly. AIER’s Leading Indicator rose to 67 in May 2023, its highest value since July 2021. The Lagging Indicator rose...
China’s ties to Cuba and growing presence in Latin America raise security concerns in Washington, even as leaders try to ease tensions
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Forty years ago last week, the Los Angeles Herald Examiner published my first attack on the federal drug war. The previous year, the Reagan administration had unleashed its “Just Say No” program, vilifying anyone who smoked a joint, sniffed...
