Intrepid Private Capital Group Financial News Blog

Intrepid Private Capital Group

Gold Tumbles to Near 6-Year Low

Gold has long been viewed as stable commodity, with investors pouring billions of dollars into the precious metal. However, prices for gold fell to a near 6-year low, trading as low as $1,051.60 per ounce on Friday. So, what’s driving the price of gold down? And how long can we expect this trend to last?…

Continue Reading

UK Economy Sees 0.7% Quarterly Growth

If you keep up with financial news surrounding the global economy, you are probably well aware of the recent downturn experienced by the U.S., China, Japan, the U.K., and several other nations. It’s believed that China’s devaluation of its currency triggered this selloff, causing markets to drop by as much as 10% in just a…

Continue Reading

Venture Capital Activity Increased 20% in 2014

Venture capital is surging is the Great Lakes State, according to a recent report published by the Michigan Venture Capital Association. While Michigan has experienced a steady increase in venture capital investments over the past decade, 2014 was an exceptionally remarkable year. The report, published earlier this month, found venture capital under management in Michigan…

Continue Reading

Business Plan

What Investors Look for in a Business Plan

Although you definitely need a business plan to find investors, your plan alone–no matter how good it is–isn’t enough to attract investors. The investment decision depends on a lot of other factors: the business team and its track record, the product you’ll be selling, the competitive advantage you have and what your market is, among…

Continue Reading

European Banks Being Put To The Test, Literally

European finance regulators are preparing to release the results of a “stress test” conducted on some 150 banks and lenders. This test is intended to gauge the strength of their balances and to determine whether or not they can survive with the region’s struggling economic state. Regulators plan to disclose the test results this Sunday…

Continue Reading

A Narrative Debunked

As the completely in-competent Obama Administration lumbers on, applying one losing solution to our pathetic economic growth after another, our failed-recovery can hardly continue to be beamed on President George W. Bush! A Narrative Debunked Growth: For years now, the Obama administration has excused the slowest economic recovery in history as a result of the…

Continue Reading

China’s Central Bank To Inject Funds Into Smaller Banks

The People’s Bank of China announced earlier this month that it would inject 200 billion yuan ($32.7 billion USD) into nearly two dozen smaller banks. This move reportedly aims to help the joint-stock banks with end-of-the-year liquidity, while simultaneously boosting the nation’s economy. The banks to receive the funds, including China Guangfa Bank Co. and…

Continue Reading

Banks Are Lending Less

Why Banks Are Lending Less

It’s been six years since the financial crisis of 2008, yet banks are still reluctant to lend money. To put the problem into perspective, U.S. business loans of $1 million or less have declined by 13% from 2007 to 2011, and the total amount loaned declined by 19% (inflation taken into account). Banks make their money…

Continue Reading

TAXING RICH WON’T END INEQUALITY – BUT IT WILL MAKE US ALL POORER CLICK on this must read article! The misunderstandings on this subject are absolutely legion!

W. MICHAEL COX  AND RICHARD ALM Thomas Piketty’s “Capital in the 21st Century” fell as manna from heaven for the ideologues who fret about income inequality in the United States. The rock-star French economist proposes taxes of up to 80% on income and wealth — not, he acknowledges, to raise revenue and benefit the poor…

Continue Reading

1964’s OVERLOOKED ACHIEVEMENT

Read and Remember! Fifty years ago — on July 2, 1964 — President Johnson signed into law the Civil Rights Act, described by one author as “the most important legislation passed in 20th century America.” Many Americans take justifiable pride in the last 50 years of progress in support of the principle of racial equality….

Continue Reading

Follow on Feedly
Show Buttons
Hide Buttons