Dollar Slides Against Euro
Dec 31st, 2008 | By Doug Casey | Category: Financial NewsIn the currency market, the dollar declined modestly against the euro. Late Tuesday, the euro was trading at $1.4086 vs. $1.4013 on Monday.
Posts Tagged ‘ Standard & Poors ’
Standard & Poor’s Downgrades Wall Street Banks
Jun 5th, 2008 | By Contrarian Profits | Category: Featured, Financial NewsRatings agency Standard & Poor’s has rattled Wall Street by downgrading investment banks Merrill Lynch, Lehman Brothers and Morgan Stanley.
S&P’s said the “outlooks on the large financial institutions sector in the U.S. are now predominantly negative” and that “the pace and extent of earnings improvement could be considerably more muted than we previously anticipated.”
Whither the Price of Oil?
May 24th, 2008 | By John Mauldin | Category: Oil Investment & Alternative EnergyThose Nasty Index Speculators. Is Correlation Causation? Where Are All the Tankers? Where Will Oil Prices Go? Is it 1980 All Over Again? The Middle East, California, and Help for Myanmar.