Investing is risky business these days. No one is quite sure what to make of the Dow, the S&P500, or the NASDAQ. Forget about European markets. Most people in America are struggling to figure out whether Obamacare will destroy jobs, wreak havoc in the marketplace, and kill their retirement plan. Well, you don’t have to…
The efficient market hypothesis says that no matter what you do, there is no way to beat the passive returns of the stock market. The theory holds that there is no money to be made by actively trading in the market. Less militant versions of this hypothesis simply say that it is so difficult to…
While investment strategies like technical analysis and the efficient market theory sometimes get more hype, the one method that consistently works, and works for very specific, rational and objective reasons, is fundamental analysis.Here’s why fundamental analysis works: the financial markets convert savings into financial assets that can be used to produce more values for themselves…
Chinese authorities have reduced the fuel price by five percent and said the move was made as a result of internationally low crude oil prices and changes in global and regional economic conditions. The prices at the pumps are now at the lowest levels since December 2010. The National Development and Reform Commission (NRDC) said…
The first instalment is part of an emergency €100bn aid initiative agreed in June to inject some much needed funds into the wavering economy and to prevent any further downward spiralling by the banks. EU heavyweights have also decided to give the region an additional year to try and get its budget deficit back in…
One single bank supervisor will report directly to the European Central Bank in order to police the largest and most influential banks in the EU, in the wake of the Libor scandal that rocked UK financial services. There are also plans to outlaw any deliberate manipulation of interest rates, and a review into how Libor…
Despite record-high temperatures this summer, home heating issues have remained a hazard throughout the United States. In June 2012, a handful of heater-sparked fires resulted in devastating damages for families in Georgia, North Carolina and New York. Safety and health organizations are stressing extra heating safety for this unusually dry season. Scott Conner, Senior Vice President…
When an American or Canadian decides to buy real estate in Mexico, the first part, or even perhaps all of the search process will be carried out from distance. While for many buyers this may seem to be an obstacle, there are excellent resources available to make this task easier and even offer some advantages over…
Addressing his MPs at the House of Commons liaison committee yesterday, Cameron said he’d “do whatever it takes to protect the United Kingdom from a Greek influx,” should the nation leave the eurozone. His comments have surprised a number of Tories backbenchers, as by law, nationals of the 27 countries in the EU usually have…
The fine comes after the British heavyweight admitted several criminal charges relating to US marketing laws, by promoting two of its drugs for unapproved use and for failing to report significant safety data about one of its diabetes medications to the Food and Drug Administration (FDA). The company has also been found guilty of bribing…
