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Benchmarks ended in the red on Thursday as a decline in jobless claims raised concerns about rate hike sooner than later. Meanwhile, IMF urged Fed not to hike rates until next year provided there is a clear indication of a pick up in wages and inflation rate. IMF also trimmed growth forecast on U.S economy, which added to investor concern. […]
You must subscribe to access archives olderthan one year.Take a free trial of Briefing In Play® now.TERMS OF USEThe Briefing.com RSS (really simple syndication) service is a method by which we offer story headline feeds in XML format to readers of the Briefing.com web site who use RSS aggregators. By using Briefing.com’s RSS service you agree to be bound by […]
AP Photo/Lefteris PitarakisA British police officer stands guard backdropped by Chinese flags held by Chinese students, supporters of Chinese Prime Minister Li Keqiang, as they gather at a counter- demonstration against a protest against the leader across the street from Downing Street in central London, where he was meeting with British Prime Minister David Cameron at his official residence, Tuesday, […]
Submitted by Daniel Drew of Dark BidThe Stock Market Is Disappearing In One Giant Leveraged BuyoutIt’s easy to find critics and doomsayers who predict that the next stock market crash is just around the corner. They could be right, but another possibility is that the stock market itself will disappear entirely.Anyone who is familiar with mergers and acquisitions knows what […]
Corey Stern
Jun. 4, 2015, 5:35 PM
8,497
Screengrab via YouTubeAnother Wall Street analyst is making comparisons to the Titanic.This time it’s editor and publisher of the Gloom, Boom & Doom Report, Marc Faber.Faber warned that investors should stop bickering over which assets are the best, and start preparing their own escape plan. That is, if they don’t want the same fate as […]
Nick DeWolfGlobal bonds recovered from a sharp selloff overnight but US stocks continued sliding and saw their worst day this week. The selloff in stocks came ahead of Friday morning’s big May jobs report in the US – the last one before the Federal Reserve’s June policy meeting. First, the scoreboard:Dow: 17,905.58, -170.69, (-0.94%)
S&P 500: 2,095.84, -18.23, (-0.86%)
Nasdaq: 5,059.12, -40.11, (-0.79%)
And now, the top […]
Benchmarks ended with modest gains on Wednesday, banking on positive economic reports and hopes of an imminent deal between Greece and its creditors. While private sector hiring picked up in May, trade deficit narrowed last month. European Central Bank’s commitment toward its bond buying program also lifted investor sentiment.For a look at the issues currently facing the markets, make sure […]
Inconceivable? Consumer Comfort among the highest income earners in America has totally and utterly collapsed. Despite record-er highs in the US equity market and promises from every talking head that Q1 was a blip, those earning $100k or over have seen their ‘comfort’ crash to the lowest since September…Summing up the next FOMC meeting…Average:5Your rating: None Average: 5 (1 vote)
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If the Greek stock market, bond market and GDP disappeared
Posted June 4, 2015 by Joshua M Brown
But there are important distinctions to be drawn between the current impasse and previous ones. If Greek equities, Greek bonds and Greek GDP disappeared, it would certainly be a tragedy, but not of epic and globally destructive proportions.And it is more likely that Greece […]
