Business

Puerto Rico without electricity, wifi, ATMs shows importance of cash, gold and silver

As the broader markets casually melt-up to new record highs with each passing day, one small corner of the equity market is in full on meltdown mode: cable and satellite pay-tv providers.  Down anywhere from 3-10% on the week, investors in this space seem to be finally admitting that record subscriber losses, quarter after quarter, just may end up being a bad thing.

As it turns out, it’s not what an executive says during a corporate earnings call that matters, it’s how much time they spend saying it.

Prattle, a market-research company that recently closed a $3 million seed round, claims to have discovered a surprising correlation between the length of time executives spend speaking during a quarterly earnings call, and the performance of a company’s stock over the short- and long term, MarketWatch reports.

Authoreed by Lance Roberts via RealInvestmentAdvice.com,

As the stock market continues to press new highs, the level of optimism climbs with it. I discussed yesterday Richard Thaler’s, a recent recipient of the Nobel Price in Economics, comments about not understanding the current “irrationality of investors relating to their investing behavior.”

Buy it all... On the week - Stocks are up, Treasury Bonds are up, Corporate Bonds are up, Gold is up, Bitcoin is up, and WTI Crude is up...

Before we get started - consider the following...