Here’s an optimistic look at our current state of affairs from a legendary investor. “The worse a situation becomes the less it takes to turn it around, the bigger the upside.” – George Soros If you are tired of all the depressing news out there, turn to happynews.com. You can see the bright side here, [...]
By Eric Sebastian, Senior Account Executive at Lind-Waldock <br /><span class=”mceItemObject” classid=”clsid:D27CDB6E-AE6D-11cf-96B8-444553540000″ id=”ooyalaPlayer_6ynwo_fnrx0yty” width=”480″ height=”378″ codebase=”http://fpdownload.macromedia.com/get/flashplayer/current/swflash.cab”><br /> <span name=”movie” value=”http://www.ooyala.com/player.swf” class=”mceItemParam”></span> <span name=”quality” value=”high” class=”mceItemParam”></span> <span name=”bgcolor” value=”#000000″ class=”mceItemParam”></span> <span name=”allowScriptAccess” value=”always” class=”mceItemParam”></span> <span name=”allowFullScreen” value=”true” class=”mceItemParam”></span> <span name=”flashvars” value=”embedCode=AyNmc2On2Q20uUb3-Cg4m7X0aAYOsLOA” class=”mceItemParam”></span><span class=”mceItemEmbed” src=”http://www.ooyala.com/player.swf” mce_src=”http://www.ooyala.com/player.swf” quality=”high” bgcolor=”#000000″ width=”480″ height=”378″ name=”ooyalaPlayer_6ynwo_fnrx0yty” align=”middle” play=”true” loop=”false” quality=”high” allowscriptaccess=”always” allowfullscreen=”true” [...]
S&P 500 Falls Nearly 7%; Lowest Close Since 1997 – Bloomberg U.S. Jobless Claims Approach Highest Level Since 1982 – Bloomberg Crude Oil at 3-Year Lows – RealClearMarkets Gold Rises a Second Day on Speculation Interest Rates Will Fall – Bloomberg World Markets Continue Down – RealClearMarkets Corn, Soybeans, Wheat Fall as Demand May Drop [...]
Inflation may not be much of a factor in the overall economy right now, but you’ll likely see some price inflation in your Thanksgiving meal this year, even though turkey production is up about 6 percent this year. Here’s a look at the cost this year for the average Thanksgiving meal for a gathering of [...]
Consumer Prices in U.S. Decline 1% – Bloomberg Oil Tanker Piracy Shows Supply Vulnerability – Investor’s Business Daily Construction Hits Record Low – RealClearMarkets Defusing the Credit-Default Swap Bomb – Barron’s Saudi Oil Tanker Owners Are In Talks With Pirates on Ransom for Ship, Crew – Bloomberg Fossil Fuels and the Great Energy Delusion – [...]
Stock index futures are down in early trade after more somber news from the housing front. U.S. housing starts and permits for future construction both dropped to record lows in October, signs the housing downturn may extend into a fourth year. The Commerce Department reported residential construction starts fell 4.5 percent in October, while building [...]
October Wholesale Prices Plunge Record 2.8% – AP/Yahoo Finance Homebuilder Sentiment Index Plunges to Record Low – AP/Yahoo Finance Median Home Prices Fall Around U.S. in Q3 – AP/Yahoo Finance Japan’s “Least Ugly” Economy May Beat U.S., Europe in Crisis – Bloomberg Top Oil Exporters’ Ship Plans Unchanged After Hijack – Reuters Three-Month Libor Eases [...]
Panic Selling in Stocks Has Ebbed, But Still Bearish By Ben Kim The economic crisis of 2008 is on the forefront of everyone’s mind and has affected CEOs and blue-collar workers alike. The stock indexes have been incredibly volatile as a result and the market remains bearish from both a fundamental and technical perspective. The [...]
No Agreement on Aid to Automakers in Sight – MarketWatch Prolonged Recession, Higher Joblessness Seen Likely – MarketWatch For Radical Gold Bugs, a Rally is Overdue – MarketWatch The Six UnKnowns That are Roiling the Stock Market – BusinessWeek Aluminum Falls to Three-Year Low as China May Ship More Metal – Bloomberg Copper Drop Deepens [...]
Hedge fund liquidations have pulled down stocks and commodities alike. They are now sitting on some cash, and that may help the stock market find its legs, said MF Global Research Senior Interest Rate and Equity Analyst Nick Kalivas (See a sample of his 11/17 morning comments below). Sign up for full access to MF Global Research’s daily market comments [...]
