YouTube / LinkedInMohamed El-Erian.Greek voters have voted in a referendum on whether their country should accept the terms of a new European Union bailout package.They’re still counting the votes, but it’s become clear the “No” vote has won. In other words, “No” the Greek people do not want to accept strict fiscal-austerity measures in exchange for desperately needed bailout money.Before […]
It’s hard to spot an asset price bubble, especially if you’re in the midst of one. Usually, people find out they’re in a bubble only after it bursts.Goldman Sachs’ David Kostin offers this interesting stock market chart in a new note to clients. It’s a favorite of his.It shows the sector composition of the S&P 500 by market cap since […]
China Adopts an Unusual Approach to Fighting a Stock Market Crash | Mother Jones
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Photo Essays + SlideshowsAdorable Photos of Children Around the World With Their Favorite ToysPhotographer Gabriele Galimberti’s new book captures the universality of childhood.Check Out This Amazing Collection of Iconic Photos of the 1960s Haight Street ScenePhotographer Jim Marshall delivers the faces, the icons, and the […]
Akin Oyedele
Jun. 29, 2015, 10:37 AM
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Bloomberg TVTom LeeUS stocks have started the week firmly in the red.It’s the first big reaction to the bad news from Greece over the weekend, as it heads into a missed payment to the IMF on Tuesday, and implements capital controls all week long.As stocks sell off, there’s the question of how all of this […]
FinVizStocks are rolling over.Near 2:35 pm ET, stocks were at their lowest levels of the day with the Dow down 300, the S&P 500 down 37 points, and the Nasdaq down 104. The Nasdaq was the day’s biggest loser on a percentage basis, falling more than 2%, while the S&P 500 was down about 1.8% and the Dow was off 1.6%. With […]
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 […]
Myles Udland
Jun. 28, 2015, 4:19 PM
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REUTERS/Ralph OrlowskiAt least one trader is paying attention to 3 things on Monday: stocks, European bonds, and the euro.We’re just a few hours from the opening of futures markets in the US, and Wall Street strategist notes are starting to roll in. Over at Bank of Tokyo Mitsubishi, Chris Rupkey writes that right now, the Greek […]
Bob Bryan
Jun. 24, 2015, 3:49 PM
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In the years since the financial crisis, stocks have rebounded strongly returning over 200% value to investors. Despite this strong news, millennials are skeptical of diving in.According to a survey done by Goldman Sachs, almost 40% of young people do not want to invest in the stock market at all. Another 45% say they are skeptical […]
More Charts
Into its sixth year, the bull market continues to grind higher while experiencing a very low level of volatility.Market technician Ryan Detrick noted that it’s been 8 weeks since we’ve seen a weekly move of at least 1% up or down in the S&P 500. That’s the longest such streak we’ve seen in 21 years.And it’s not just the […]
Ron Paul: Stock Market Headed For A Day Of ReckoningJune 22nd, 2015Mac Slavo: We all know it is only a matter of time until the music stops.But Dr. Ron Paul, the former Congressman often celebrated for his outspoken views and opposition to the funny money economic system, says that day could be coming soon.
Have you ever wondered how billionaires continue to get RICHER, […]
