“Everybody has a plan until they get punched in the mouth.” This quote, one of former heavyweight champion Mike Tyson’s most famous, is always relevant when investing. After countless hours of r...
The big pre-open news today was the historic -8.48% Monday rout in the Shanghai Composite, an event that no doubt rattled the optimists hoping that the China benchmark index had bottomed out last week...
The Atlanta Fed second quarter GDPNow final estimate came in at 2.4%. The second quarter GDP official “advance” estimate from the BEA is due out Thursday, July 30 along with the annual...
“I am sure the euro will oblige us to introduce a new set of economic policy instruments. It is politically impossible to propose that now. But some day there will be a crisis and new instrument...
The U.S. stock market suffered its worst week (ending July 24) in months thanks to disappointing earnings results, especially from Apple (AAPL), Caterpillar (CAT) and International Business Machines (...
Stocks in the US continued to slide, in sympathy with China and a generally poor outlook for the world of real productivity and wealth. And in large part this is the rinse cycle of a wash-rinse stock ...
Of the four Federal Reserve districts which have released their July manufacturing surveys – two forecast weak growth and three are in marginal contraction. A complete summary follows. There was...
Mumbai: Reserve Bank of India (RBI) Deputy Governor S S Mundra on Tuesday assured that India’s foreign exchange reserves are at ‘reasonable’ level. “Till today, there has been no discovery reg...
The New York Stock Exchange has been shut down after reports from earlier this morning indicated the exchange was having technical difficulties processing orders. Despite this, the Department of Homel...