The good, the bad, and the ugly weather from the preseason game between the Minnesota Vikings and Oakland Raiders.Whew. That was the preseasoniest preseason game ever. As if these games weren’t already choppy and interminably long enough, a late summer thunderstorm rolled through the Twin Cities during the second quarter, causing a 65 minute delay. (A time that was verified […]
BEIJING (AP) — More than two dozen companies in China are postponing initial public offerings and security companies are pledging more than $19 billion for a fund to stabilize the country’s free-falling stock market.The 28 companies, which had obtained permission from China’s securities watchdog for IPOs planned in Shanghai and Shenzhen, said they would postpone them due to recent market […]
China’s stocks crashed 3.3% to enter bear market territory. Monday’s loss has the Shanghai Composite down 22% from its June 12 high. Google Finance2015 Shanghai Composite action.Monday’s session was particularly volatile as stocks opened to a gain of 2.5% after the People’s Bank of China cut its key lending rate 25 basis points to 4.85% on Saturday. However, heavy selling developed […]
Market strategist says: ‘This could probably be our worst day in two or three years.’ Photograph: Paul Miller/AAP
More than $35bn was wiped off the Australian stock market in the first hour of trading on Monday as investors brace for an increasingly likely Greek exit from the euro zone.Both the S&P/ASX 200 and All Ordinaries quickly fell about 2%.“Unfortunately this could […]
Published: Saturday, April 4, 2015 at 5:30 a.m.
Last Modified: Saturday, April 4, 2015 at 9:27 a.m.
With the nation’s equities markets roiling with volatility these days, some investors are getting nervous. Fueling those concerns are the prospect of an increase in interest rates, sluggish gross domestic product growth and global concerns from the Eurozone to the Middle East. But the view […]
FarmPolicy.com News Update- Sunday: Policy Issues; Trade; Agricultural Economy; and, BiotechCategories: Agricultural Economy /Budget /Farm Bill /TradePolicy IssuesOn Friday, the House Appropriations Subcommittee on Agriculture held a budget hearing and heard testimony from USDA Inspector General Phyllis Fong.During the hearing, Subcommittee Chairman Robert Aderholt (R., Ala.), Subcommittee ranking member Sam Farr (D., Calif.) and Rep. Chellie Pingree (D., Maine) all […]
Posted Saturday, January 10, 2015 @ 8:14 pm by Dr. WishGMI Sell signal remains in place; very cautious as bonds march higherGMI2/6GMI-24/8What is the GMI?WORDEN T210846%My indicators weakened on Friday and so the GMI Sell signal remains in place. My more sensitive measure of the short term trend of the QQQ also remains down, now having reached 6 days. I […]
The 32% gain for the S&P last year was a blessing and a curse for investors.A blessing because it padded all of our portfolios.A curse because the gains came far too easily, making 2014 a brutal environment by comparison.Yes, the S&P is up on the year, but still many small caps and glamour growth stocks are in the red. Plus […]
Greece Stock Market Boosted By Euro Vote
economyby Sotiria Nikolouli – May 26, 2014
Athens Stock Exchange made gains Monday as investors discounted any short-term prospects of an early general election after Greece’s European election results.
On the board, the ASE General Index ended 2.27% higher at […]
A link to this post is being retweeted in unusually large numbers: 100% Reserve Banking — The History, by Atif Mian and Amir Sufi: So both John Cochrane and Martin Wolf are advocating 100% reserve banking. If these two agree on anything, it’s worth taking seriously! (It’s pretty amazing how advocates for narrow banking come from across the […]