by Wes Goodman Stocks to commodities punished in volatile third quarter Analysts cut 2015 growth forecasts as turmoil escalates For investors around the world, 2015 is turning into a year to forget. Stocks, commodities and currency funds are all in the red, and even the measly gains in bonds are being wiped out by what little […]
by Luke Kawa Demographics can explain two-thirds of everything, University of Toronto professor David K. Foot famously quipped. And according to Charles Goodhart, professor at the London School of Economics and senior economic consultant to Morgan Stanley, demographics explain the vast majority of three major trends that have shaped the socioeconomic and political environments across […]
Pessimism is a bullish sign, contrarian analysis suggests By MARK HULBERT COLUMNIST CHAPEL HILL, N.C. (MarketWatch) — Bearishness has reached an extreme not seen at least since the top of the Internet bubble in early 2000. Yet this is a bullish omen, according to the inverse logic of contrarian analysis: Extreme levels of bearishness indicate that there is […]
by Luke Kawa Currency depreciations just don’t have the impact they used to. Economists at HSBC have a message for monetary policymakers who are hoping their stimulus will help devalue their local currencies and spur exports: Good luck with that. According to HSBC Global Chief Economist Janet Henry and Economist James Pomeroy, a depreciating currency just […]
by Aki Ito September 16, 2015 — 6:00 AM CST The Federal Reserve will meet for two days starting Wednesday and it’s the most highly-anticipated gathering in years. On the agenda: A potential interest-rate increase, which would mark an end to almost seven years of holding borrowing costs near zero. Here are the stories we’ve written […]
September 14, 2015 · by Chuck Butler Good day… And a Marvelous Monday to you! Yes, I came back! There were questions about coming back, when our plane was delayed 2.5 hours getting out of Houston… Seems they took that time to upgrade their software on the plane… I was surprised they told us that, […]
August 28, 2015 By Mary Anne & Pamela Aden Gold has been volatile. Some feel the lows are behind us, but others disagree. With gold swinging up and down, this is a good time to stand back and review what the charts are telling us, to get some perspective on the situation… Chart 1 is […]
Bloomberg August 28, 2015 The price of oil has tumbled 58 percent this year to reach a six-year low earlier this week. Even if prices stay at these levels, chances are they won’t impact the Federal Reserve’s interest-rate plans. Seventy percent of economists in a Bloomberg News survey said crude oil prices around $40 per barrel for the […]
Wed Aug 26, 2015 10:11am EDT BY LUCIA MUTIKANI A gauge of U.S. business investment plans posted its largest increase in just over a year in July, underscoring the durability of the economic recovery despite a slowing global economy. The Commerce Department said on Wednesday non-defense capital goods orders excluding aircraft, a closely watched proxy […]
Markets | Wed Aug 26, 2015 10:19am EDT BY TANYA AGRAWAL U.S. stocks opened sharply higher on Wednesday, with all three major indexes up about 2 percent, after data showed durable goods orders rose more than expected in July. Analysts had expected a fall of 4 percent. Orders for core capital goods, a proxy for […]