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Eric Sprott: Broadcast Interview – Available Now

Eric Sprott: Founder of Sprott Asset Management (SAM) – Eric has over 40 years of experience in the investment industry and SAM manages over $7 billion. Eric has been stunningly accurate in his writings for over a decade, and is one of the most respected industry professionals who predicted the current crisis…

Eric Sprott

Eric Sprott: Founder of Sprott Asset Management (SAM) – Eric has over 40 years of experience in the investment industry and SAM manages over $7 billion. Eric has been stunningly accurate in his writings for over a decade, and is one of the most respected industry professionals who predicted the current crisis…

Dividend payers get a break from Fed decision

The Federal Reserve’s decision not to hike interest rates may have brought renewed volatility and a stock market selloff, but it also carved out breathing room for a couple of sectors: dividend payers and housing stocks. With 10-year Treasuries now yielding around 2.14 percent, the 2.2 percent dividend yield of the overall S&P 500 should appeal to income-hungry investors who are convinced interest rates will stay low for a while.

Volkswagen could face $18 billion penalties from EPA

WASHINGTON/DETROIT (Reuters) – Volkswagen AG faces penalties up to $18 billion after being accused of designing software for diesel cars that deceives regulators measuring toxic emissions, the U.S. Environmental Protection Agency said on Friday. “Put simply, these cars contained software that turns off emissions controls when driving normally and turns them on when the car is undergoing an emissions test,” Cynthia Giles, an enforcement officer at the EPA, told reporters