China takes another step toward stimulus while the markets wait for the ECB and Draghi on Thursday
The latest news came yesterday when China’s Ministry of Railways said that it will spend 470 billion yuan ($74 billion) on railroads and bridges this year. That’s the second increase in railway spending plans in July. The increase wasn’t the subject of a government press release, but was “announced” in a ministry bond prospectus.
Volatility is here to stay and I don’t think you can simply ignore it: here are four investing strategies for coping (and maybe even profiting)
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...I think the problems in ExxonMobil’s second quarter earnings argue that the stock doesn’t deserve its huge premium to the shares of other oil majors
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...So what exactly is the life expectancy of last week’s Thursday/Friday rally?
No secret what the big events that investors will hang on this week: The Federal Reserve’s Open Market Committee meets on Wednesday, August 1, and the European Central Bank meets on Thursday, August 2. But how will financial markets react to central banks’ moves?
The more Mario Draghi moves from vague talk to specific proposals, the more likely global stock markets will be disappointed on August 1
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Potash of Saskatchewan lowers guidance for 2012–I’d use the current rally to exit positions
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...U.S. economy grew at just a 1.5% rate in the second quarter–the odds that the Fed will announce a new stimulus program just went up
This morning the Bureau of Economic Analysis reported that U.S.GDP grew at an annual rate of 1.5% in the second quarter of 2012. That’s down from a 2.0% growth rate in the first quarter of the year. And from 4.1% growth in the fourth quarter of 2011. But—drum roll, please—the 1.5% growth rate was better than the 1.2% expected by economists
Expect the euro debt crisis to push up revenue and profits at Euro exporters–here are 3 early picks
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Today’s rally is built on traders deciding to avoid event risk after Draghi says the ECB will defend the euro
ECB President Draghi’s comments this morning reminded traders that the central bank meeting is just a week away and that the European Central Bank could take action that would put everybody who has made money in recent weeks betting against the euro, and Spanish and Italian bonds, and European stocks in danger of giving back all or most of their gains.