EconomyThe black boxes of downed flight MH17 have been handed over to Malaysian experts by separatist leader Aleksander Borodai. The transfer came after pressure was put on Ukrainian rebels and Russia to provide safe and unrestricted access to the crash site. EU foreign ministers will discuss another round of sanctions against Russia today as the country continues to violate Ukraine’s […]
As evident in last Thursday’s European-bank related market jitters, today’s stretched valuations and low market volatility leave stocks vulnerable to bad news, even when the news is relatively minor as was the case last week.And equities in the more expensive market segments are particularly vulnerable. Case in point: U.S. small caps, biotech and Internet stocks suffered the most last week, […]
Sam Ro
Jul. 11, 2014, 9:49 AM
5,321
Here’s a fascinating projection that Credit Suisse Research just tweeted.By 2030, Credit Suisse expects the global stock market to balloon to $284.2 trillion and look like what you see below.According to the World Federation of Exchanges, the total value of stocks in the top 60 major stock market exchanges was $62.4 trillion as of July […]
Africa: Tazara has placed a US$9·5m order for 18 passenger coaches and spare parts for delivery from China in late 2015.Brazil: Vale has taken delivery of the first of 39 coaches ordered for the Carajás Railway from Astra Vagoane Calatori of Romania for US$556m (RG 6.14 p18). The fleet including 21 standard class cars and catering vehicles is due to […]
Just a reminder if you have not done so, please take 60 seconds to take our quarterly survey; thanks!Indexes in the U.S. opened down sharply this morning, following European markets which had suffered as some worries suffered about a major Portugal bank. However dip buyers showed up yet again to take advantage of the swoon and stocks finished well off […]
Of China’s major cities, Beijing’s pollution problem is probably the worst, causing thousands of premature deaths every year. Its residents are fed up. The growing outrage has forced leaders to declare a “war on pollution,” including the goal of slashing Beijing’s PM2.5— the concentration of the particles that pose the greatest risk to human health—by 25% by 2017. The Beijing […]
Benchmarks started the second half of 2014 on a positive note after economic data showed manufacturing activity picked up in U.S and Asia. Gains in health-care, technology and consumer discretionary sectors also propelled the S&P 500 and the Dow to close at record highs. Bio-tech stocks primarily boosted the Nasdaq. Upbeat U.S. auto sales in June also boosted investor sentiment.For […]
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If You Sold in May and Went Away, You Missed Quite a Rally in the U.S.
The old adage suggests to stash your cash in the mattress in May, but it appears the bull U.S. equity market has no respect for the calendar, with the S&P returning 2.1% in the month of May and rewarding investors who were along for the […]
Just as the Wall of Worry was about to drop into dangerously complacent territory, Old Man Iraq rears up to give us something to worry about and then some. After a brief and shallow dip, the S&P 500 (INDEXSP:.INX), Dow (INDEXDJX:.DJI), and Nasdaq (INDEXNASDAQ:.IXIC) came ripping back up. The S&P 500 went as far as hitting yet another Rita Coolidge “All-Time High,” while […]
