When we talk about the euro, we usually don’t consider the United Kingdom as a dominant presence in the discussion. After all, despite being a member of the Eurozone group, London has opted to keep the Pound Sterling as her local currency. When it came to the latest ongoing Greek crisis, nary a word was…
The undisputed king of oil and gas is making some moves that could change the face of the global refining sector. In June 2015, Saudi Arabia pumped 10.564 million barrels a day, a record level. As if being the world’s biggest exporter of oil was not enough, the desert kingdom is now looking to conquer…
Much has been written about how outsourcing has changed the way business works and how it has helped many companies succeed all over the world. We also often read articles about the factors that businesses must consider before deciding to acquire outsourcing services. Unfortunately, not all those who have outsourced are successful and oftentimes it’s because…
Markets shake due to Chinese selloff Chinese stock markets lost over a percent during the session on Monday, as the Chinese markets continue to show signs of weakness. With this, the market looks as if the destruction will continue. With this, a lot of stock markets around the world showed weakness. Looking for value in…
Can you feel the panic in the air? CNN Money’s Fear & Greed Index measures the amount of fear in the financial world on a scale from 0 to 100. The closer it is to zero, the higher the level of fear. Last Monday, the index was sitting at a reading of 36. As I write this…
Can you feel the panic in the air? CNN Money’s Fear & Greed Index measures the amount of fear in the financial world on a scale from 0 to 100. The closer it is to zero, the higher the level of fear. Last Monday, the index was sitting at a reading of 36. As I write this…
As The Greek government presses The ECB for ‘permission’ to reopen its stock market, it may want to reconsider. GREK, the Greek Stock Index ETF trading in US markets, was down over 3% yesterday and has plunged to its lowest since the peak of the crisis in 2012 (near its lowest since 1989). Just as in China, The…
The market this year has been split between areas of tremendous strength and sectors of depleted optimism. Nowhere is this better illustrated than the divergence between soaring growth stocks and underwhelming value names. When you add to that the mess of commodity prices and lackluster action in bonds, the picture becomes very murky indeed. Most diversified portfolios…
When we left you at the end of last week the world was falling apart. As you know, the economy functions on electronic credit… not cold, hard cash. Without the banks pumping more credit into the system – by way of loans – it sags. The Dow fell 163 points – or about 1% – on Friday….
Podcast: Play in new window | Play in new window (Duration: 13:16 — 6.1MB) DOW – 127 = 17,440 SPX – 12 = 2067 NAS – 48 = 5039 10 YR YLD – .04 = 2.23% OIL – .75 = 47.39 GOLD – 5.00 = 1095.50 SILV – .20 = 14.64 Chinese stocks fell sharply today. The Shanghai Composite…
