The eyes of the entire world will be focusing on China in the final few days of October. The Central Committee of the Communist Party will meet in Beijing from Oct 26-29 to discuss a new five year plan for the country’s economy which will be enforced between 2016 and 2020. This will be a…
EUR/JPY: The cross took back most its previous week gains to close lower on Friday. This development leaves it vulnerable to the downside in the days ahead. While holding below the 136.96/137.44 zone, its key overhead resistance, risk remains lower. Support comes in at the 135.00 level where a break will aim at the 134.50…
The PowerShares QQQ (QQQ) is based on the Nasdaq-100 Index, which measures the 100 largest non-financial stocks currently trading on the Nasdaq exchange. Whether by design or practical experience, this index and its affiliated ETF have always been associated with the technology sector. The truth is that many technology companies have historically picked the Nasdaq…
It is a very unusual week for data, with many of the major housing reports on tap and not much else. China’s GDP will be a big story over the weekend, and important earnings news will continue. Despite this, pundits will turn their attention to housing, asking: Can a housing rebound signal “all clear” for…
After a smooth ride last year, the U.S. stock market is experiencing a shaky 2015 due to successive issues that have been lashing the bourses and heightened volatility. In Q3, global growth concerns played foul, crushed all risky assets and even held the Fed back from ratifying a lift-off in its September meeting. Things turned…
The Q3 earnings season ramps up in a big way this week, with 436 companies reporting quarterly results, including 114 S&P 500 members. With results from 58 index members already out, we will have seen Q3 results from one-third of the S&P 500 members by the end of this week. The Finance sector has a…
Something is rotten in Denmark and it isn’t the fish, I tell you. At least that’s my sentiment when I think about the precipitous drop in Wal-Mart Stores (WMT) stock price last Wednesday. Not only did it fail to recover any of its losses, but it continued to fall in price the last two trading…
Adair Turner, Chairman of the Board of the Institute for New Economic Thinking, became Chairman of Britain’s Financial Services Authority just as the world financial crisis erupted in 2008, and he played a leading role in designing a new global regulatory structure. In his new book, Between Debt and the Devil: Money, Credit, and Fixing…
Reinvesting your dividends received from high-quality dividend growth stocks is a great, relatively conservative and proven way to build wealth over the long term. This is especially true and appropriate for investors in the accumulation phase that are planning for future retirement. Accumulating additional shares of dividend growth stocks can, and will, provide an increasing…
Deutsche Asset & Wealth Management is renowned as one of the world’s leading financial management companies. With around 1,135 billion euros worth of assets under management (as of June 30, 2015), the company is among the 10 largest bank-owned asset managers worldwide. It prides itself in having almost 6,000 employees across 40 countries. The company…
