Emerging Markets
What’s Wrong With Goldman?
The bigger issue for Europe is Italy and Spain. These two are much bigger
than Greece.
Read more
Consumer Spending Rises
For the U.S. economy to sink back into recession, or for corporate profits
to make a meaningful decline, consumer spending… Read more
Germany’s Weak GDP Adds to Global Uncertainty
Bad news from Germany this morning. Europe’s one
economic bright spot reported lower than expected GDP growth for the second
quarter.
… Read more
Mixed Economic Data
The stock market recovered from Wednesday’s sharp drop. The major indices traded higher for most of the day, before a late sell-off… Read more
Tech Market Heats Up: What
Congress and the Obama administration are at it again. Talks broke down over the weekend, which is a familiar development. The impasse… Read more
What We Can Learn from American Airlines (AMR)
Earnings season continued at a torrid pace, with large cap stocks beating on revenues and/or earnings per share. The EU finalized a… Read more
Why Companies Aren’t Hiring
China’s got a heck of a nerve. Yesterday, CNN reported that the Chinese government’s State Administration of Foreign Exchange published the following… Read more
Alcoa Doesn’t Blow It: Stocks Rally
Well, Alcoa (NYSE:AA) managed to meet on earnings, and beat on revenue. All in all, I’d say that’s pretty good. I’ll also… Read more
Can the EU Hold Out?
Over the weekend, new capital requirement rules for large banks were finalized. Known as Basel III, these rules will add as much… Read more