After several similar doom-and-gloom warnings in the past, one analyst isn’t too bothered by Facebook Inc.’s latest talk of steep cost growth down the road. The company told investors in conjunction with its late-Wednesday earnings report that it expects $46 billion to $48 billion in total expenses for 2019, thoughRead More →

Gold’s short-term direction is down, according to contrarian analysis. This forecast has nothing to do with Thursday’s big drop in bullion’s price. It instead traces to the gold timers’ recent jump onto the bullish bandwagon. From a contrarian perspective, of course, that means that the path of least resistance overRead More →