Jeff Pietsch submits: Markets provided little respite last week with nary a bounce so much as a brief pause that nevertheless left the S&P 500 (SPY) lower by another -1.7%. This third week of losses has the S&P 500 roughly -6.6% off its mos…
Bank may echo US warnings over future rise in ratesThe Bank of England is poised to follow the US by warning high street banks of the new risks they face from future rises in interest rates and the current upheaval in the bond markets.Deputy Bank of England governor Paul Tucker has admitted that UK authorities [...]
(ChinaPost.com.tw) – Wal-Mart Stores Inc., the world’s largest retailer, said Thursday it is realigning its U.S. operations in an effort to give more autonomy to executives in regional markets and reinvigorate U.S. growth.
(ChinaPost.com.tw) – Hit by the crisis, a clutch of France’s most exclusive million-dollar jewelers this week staged a joint bid to conquer lucrative markets in emerging nations, unveiling their biggest and best for the first time at Paris couture week.
(ChinaPost.com.tw) – Taiwan aims for a 22 percent growth in exports in 10 markets this year, the Ministry of Economic Affairs said in a statement on its Web site, yesterday.
(ChinaPost.com.tw) – Fresh fears about the strength of the global recovery led Asian markets back to losing ways Friday, as weaker-than-expected U.S. data combined with growing fears over sovereign debt.
One Eyed Guide submits: When the S&P 500 drops another 5% from Thursday’s close to 1034 it will be down to the highest valuation in 1987 (August 25, 1987 – 336.77 PE 18.74 using the Shiller 10 year average.)Old hands will remember that fro…
Although evidence is mixed and tentative, some analysts see evidence that hard-hit housing markets in California, Arizona and elsewhere are showing signs of healing.
A slew of board appointments dominated the corporate news this morning, while in the markets all eyes were on the US GDP figures due out later today.The US economy, the world’s largest, is expected to have gathered steam in the fourth quarter with 4.6% annual growth. The figures are out at 1.30 GMT. In the [...]
Dr. O submits:I’m not an economist, but I try to follow the message of the markets, and economic stats closely. One tries to discern what’s down the road, and trade or invest accordingly. The BIG question since the financial implosion of 2007-2009 h…