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By John L. Caiazzo |
April 28, 2013
A level of skepticism pervades the global marketplace as economic and geopolitical events are largely set aside in favor of "irrational exuberance."
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By Jim Brunsden |
April 22, 2013
The European Union intensified its campaign against U.S. Federal Reserve proposals to toughen oversight of bank units belonging to overseas lenders.
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By Debarati Roy and Susanne Walker, Bloomberg |
April 22, 2013
Gold climbed for a fifth day, the longest rally of the year, amid growing demand the metal following the biggest price slump in three decades. Oil rose and energy and raw-material producers led U.S. stocks higher.
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By John Caiazzo |
April 22, 2013
We continue to warn investors of an impending major correction in equities and to implement hedging strategies as soon as possible.
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By Meera Louis and Simon Kennedy, Bloomberg |
April 19, 2013
Global finance chiefs handed Japan leeway to reflate its stagnant economy by indicating its fresh round of monetary stimulus doesn’t contravene a pact to avoid a currency war.
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By Silla Brush |
April 19, 2013
The $639 trillion global swaps market is starting to fragment because regulators are failing to agree on the cross-border rules.
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By Stephen Kirkland and Inyoung Hwang, Bloomberg |
April 15, 2013
Commodities fell to a nine-month low, led by the worst plunge in gold since 1980, and global stocks slid the most since June as China’s economic growth unexpectedly slowed and investors speculated hedges against inflation were unneeded.
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By Stephen Kirkland and Glenys Sim, Bloomberg |
April 9, 2013
Global stocks rose for a second day and industrial metals rallied as Chinese inflation slowed more than forecast, reducing pressure on policy makers to tighten credit.
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By Mike Dorning, Bloomberg |
April 8, 2013
Less than a week after job-creation figures fell short of expectations and underscored the U.S. economy’s fragility, President Barack Obama will send Congress a budget that doesn’t include the stimulus his allies say is needed and instead embraces cuts in an appeal to Republicans.
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By John Caiazzo |
April 8, 2013
With analysts and economists invariably incorrect in their reported expectations of important data, I must reiterate: "Better to keep ones mouth shut and be considered ignorant, than to open it and remove all doubt."
