ReutersAn investor stretches in front of a screen with stock information at a brokerage house in Xiangyang, Hubei province, February 22, 2011.See AlsoChina is flooding the US with insane drug ‘flakka’ — and it’s shockingly easy to obtainThere is something that is a bigger drag on US stocks than Greece or ChinaThere is a new ‘ghost town’ in ChinaAs all […]
ReutersAn investor stretches in front of a screen with stock information at a brokerage house in Xiangyang, Hubei province, February 22, 2011.See AlsoChina is flooding the US with insane drug ‘flakka’ — and it’s shockingly easy to obtainThere is something that is a bigger drag on US stocks than Greece or ChinaThere is a new ‘ghost town’ in ChinaAs all […]
The Capital Market Commission is expected to announce in the early hours of Monday the closure of the Greek stock exchange for at least a week, as financial activity in the country grinds to a halt.Following Sunday’s decision by the Systemic Stability Council (which includes the head of the Capital Market Commission) in favor of the week-long closure of the […]
On May 10, China cut its benchmark lending rate for the third time since November. The move came just a few days after several brokerages tightened margin requirements, which triggered a 4% decline in Chinese stocks.At the time, we noted that the PBoC had done something similar not even a month prior, when in April, the central bank slashed the […]
Greece / Stock Market Played Like a BouzoukiStock-Markets / Stock Markets 2015Jun 23, 2015 – 10:12 AM GMTBy: JesseWe have a deal!No really. This time we do have a deal. Uh, we think.And the cry went forth, and Very Serious People breathed a sigh of relief, the Greek people continued to take their euros out of the banks, and the […]
Submitted by Lance Roberts via STA Wealth Management,Since the beginning of this year the markets have primarily treaded water. The primary support for the bulls has been continued acknowledgement by the Fed on an inability to remove accommodative policy by raising interest rates. (Which should make you question what happens the first time they do.) The bears have been feasting […]
Benchmarks ended Wednesday’s choppy trading session slightly higher after Fed officials said the economy is ready for a rate hike this year. Meanwhile, Janet Yellen emphasized that the timing of a rate hike isn’t important; instead the focus should be on the pace and trajectory of rate hikes.For a look at the issues currently facing the markets, make sure to […]
NC Budget and Tax Center, Uncategorized
National Economy, Stock Market Drive Better than Expected Income Tax Collections Not Tax Cuts
Posted by : Alexandra SirotaAlexandra SirotaThursday, June 18, 2015Leave a commentIn NC Budget and Tax Center, Uncategorized
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Both House and Senate budget writers did the right thing by putting the $400 million projected surplus this year towards reserves. This […]
Discover a New Way of Thinking About Society and the Stock MarketStock-Markets / Stock Markets 2015Jun 17, 2015 – 08:32 AM GMTBy: EWIEditor’s note: This video was excerpted from a new multimedia report, “The New Financial Theory that Could Make the Difference in Your Investing Success,” from Elliott Wave International, the world’s largest financial forecasting firm. Authored by Robert Prechter, […]
Saudi Arabia opens $590bn stock market to foreignersPublished time: June 15, 2015 15:14Get short URLReuters / Faisal Al NasserTagsInvestment, Markets, Saudi ArabiaStarting Monday Saudi Arabia is giving foreign investment institutions access to one of the world’s most-restricted stock markets in an effort to diversify its capital base, in a country which gets 90 percent of its revenue from oil.Until Monday […]
