All Posts Tagged With: "Global Recession"
When Things Look Bleak the Dollar Goes Up
It doesn’t look as though it will be a Fantastico Friday in stocks. Yesterday was a bloodletting, overnight the Japanese stock market sold off 11%, and Europe is down about 9% at this point. UGH! But according to Chuck Butler, “When things look bleak, the dollar goes up… And when it looks as though all the stimulus might work, the dollar sells off…”
Italy Shores Up Banking Sector as Recession Looms
Italy yesterday (Thursday) became the third European country in two days to offer funds to at-risk banks in a bid to restore investor confidence, promote market stability and save its economy from a prolonged recession.
Markets Plunge on Costly Credit, Paulson to Buy Bank Shares, IMF Warns of Global Recession
Global markets had deep sell-offs yesterday (Tuesday) as short-term credit markets remained tight, with the three-month lending rate for banks hitting a yearly high.
Central Banks Coordinate a Rate Cut, It May Not Be Enough
In the currency market, the dollar was little changed against the euro. Late Wednesday, the euro was trading at $1.3672 vs. $1.3653 on Tuesday. The big event du jour was that, “For the first time since September 2001, central banks around the world have delivered a coordinated interest rate cut,” wrote Kathy Lien, director of currency research at GFT.
Federal Reserve Joins Central Banks Around the World in Cutting Rates, but Is It Too Late?
Central banks around the world yesterday (Wednesday) announced a coordinated reduction of their respective interest rates in a bid to restore investor confidence and put an end to the worst market rout since the Depression era. However, analysts and investors alike are skeptical that even the largest coordinated effort by central banks since Sept. 11 will be enough to save the economy from a severe recession.
US Plunge Protection Team ‘Large and In Charge’
With Wall Street in the gutter, shadowy government market manipulators are very much “running the show” now, according to Taipan Daily editor Justice Litle. And they will do anything to protect Wall Street’s interests. Foreign powers are in cahoots with these US market manipulators. They have to be - without them the whole house of cards would come tumbling down.
European Recession, Russia in Trouble, China’s Housing Market, Oil Perspective, Warren Buffett and More!
Forget Fannie and Freddie… The 5 packs the passport for a global economic roundup… Which three major euro economies will fall into recession by 2009… Russia desperate to buoy stock market… suggests pumping SWF dollars to save investors…China’s housing market takes a frightful turn… will the red nation go the way of I.O.U.S.A.?… Mexican billionaire makes contrarian bet on legendary U.S. organization… Byron King with an important perspective on oil prices, and oil headlines…
Watch Emerging Markets Soar If US Asset Markets Stabilize
The idea that the rest of the world has decoupled from the US economy has has taken it in the neck this year.
Major emerging markets -including China, South Korea, Russia and India - have seen stocks pummeled, as investors become more risk averse.
Eric Roseman says the fundamentals in these countries are far stronger than those in the US and Europe. Many emerging market nations have saved trillions in dollar reserves and have plenty precious resources to sell.
Eric says a strong rebound is on the cards, but only once US assets stabilize.
How the U.S. Will Become the Next Fallen Empire
The Daily Reckoning editor Bill Bonner says the U.S. — like all other empires before it — has overstretched itself. And now it is facing national bankruptcy, unless a group of people can change the course of history.
Whatever Happened to Decoupling?
A Mid-Year Correction. Whatever Happened to Decoupling? The UK Starts to Slow. A Recession by Any Other Name. What’s a Central Banker to Do?
Latest News
- Nouriel Roubini: Markets Will Fall Another 20%5:55pm CDT
- Goerge Soros: Financial Crisis Is the ‘End of an Era’1:48pm CDT
- Government Rescues Will Trigger a Bull Market in Gold11:22am CDT
- Natural Gas and Water Are the Investments of the Future2:41pm CDT
- J. Cristoph Amberger Says Buy Ford, Alon, GE, GM and GM Now11:00am CDT
- Get Ready for a Big Bear Market Bounce10:31am CDT
- Italy Shores Up Banking Sector as Recession Looms10:14am CDT
- Markets Plunge on Costly Credit, Paulson to Buy Bank Shares, IMF Warns of Global Recession10:09am CDT
- Why the Dow’s 40% Nosedive May Turn Into a Safe Landing10:01am CDT
- IBM Bucks Earnings Trend as Tech-Sector Stocks Trade Down to Bargain Levels9:55am CDT
- Andrew Snyder Says Potash Corp (POT) Still Has Further to Fall9:27am CDT
- Global Investing Roundups Friday, October 10th, 20089:14am CDT
- Early Indicators: Dow 5,000?8:18am CDT
- Chuck Butler: A New Trading Theme5:31pm CDT
- Damage Limitation in a Systemic Financial Meltdown3:55pm CDT
- Dow Plunges Below 9,000 Points3:39pm CDT
- Resource Stock Roundup Thursday, October 9, 20081:19pm CDT
- This Could Be Your Last Chance to Buy Gold Below $1,0001:16pm CDT
- Base Metals Savaged Again, but Aluminum Hanging In1:07pm CDT
