Warren Buffett“A public opinion poll is no substitute for thought.”
Adlin Sinclair“Success is a welcomed gift for the uninhibited mind.”
A decade later, lessons in the Nasdaq collapse (Reuters) »
SAN FRANCISCO (Reuters) –
Ten years ago today, before the
burst, the
hit a record 5,132.52 points — a peak that the technology-heavy market shows no sign of scaling again any time soon.
start-ups with not a scrap of revenue — sales and profits, or at least the prospect of profits, matter.
Today, the Nasdaq index [...]
Political pressure on CDS instruments rises »
Tue, Mar 9 2010, 17:31 GMT
You can almost see the headlines coming now. European politicians are crying foul over rogue derivative bets that helped derail the Greek fiscal wagon. But while the picture is there for all to see, even the German financial regulator BaFin says that there is a lack of [...]
Asian stocks lower amid spike in China inflation (AP) »
’s weaker growth tempered confidence in the regional economic rebound.
Most markets were modestly higher in the first two hours of trading but reversed course as the latest figures raised doubts about the outlook for major economies.
fell below $82 a barrel amid signs of tepid U.S. crude demand and the dollar lost ground against [...]
Today’s Live Show: Bear Market Anniversary Review of the USD, EUR & GBP »
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Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as [...]
US wholesale inventories fall 0.2% in Jan »
US wholesale inventories fall 0.2% in Jan
Thu, Mar 11 2010, 06:00 GMT
Equities are modestly fi rmer,
currencies little changed, and commodities are lower. US wholesale inventories fell, but the equity market focused more on the detail which said companies’ sales rose. The S&P500 is up 0.4%, just shy of its one [...]
Asia stocks dip on China tightening fears, yen up (Reuters) »
to tighten monetary policy sooner than expected, while the yen rebounded against major currencies.
European equities were set track Asia lower, with financial spreadbetters expecting Britain's FTSE 100 (.FTSE), Germany's DAX (.GDAXI) and France's CAC 40 (.FCHI) to fall as much as 0.5 percent.
(.MIAPJ0000PUS) shed 0.5 percent, retreating from a seven-week high touched before [...]
SEC: Miami couple defrauded Cuban-American elderly (AP) »
that defrauded hundreds of people, mostly elderly Cuban-Americans.
, 71, and his wife Teresita Cantens, 73, promised unusually high returns of between 9 percent and 16 percent on investments in their Royal West Properties Inc.
But when Royal West’s fortunes went sour as mortgage holders defaulted, the Cantens allegedly began using money from new investors [...]
General Growth shares rise in Big Board return (Reuters) »
.N) rose on Friday, their first day back on the
, even as the U.S. mall owner operates under bankruptcy protection.
were up 2.3 percent to $14 in late morning trade. The shares had hit a high of $14.40 earlier in the session.
U.S. REIT Index (.RMZ), which was up 1.3percent.
Although rare, General Growth [...]
The euro gained in the Asian session »
Mon, Mar 8 2010, 06:16 GMT
Major currencies starting trading this week gaining against the dollar extending its correctional move started by the end of last week. The USDIX that tracks the dollar’s strength against a basket of major currencies fell in today’s Asian session to record a low of 80.13 and a [...]
Relationship over? Dollar, stocks break up (AP) »
is over.
Last summer and fall, stocks generally rose on days when the dollar fell, and vice versa.
to boost the economy. The weak dollar was a boon for the stock market as investors were eager to get money out of low-yielding U.S. dollars and put them to work just about anywhere else, such as [...]