 Tucson Citizen The gyrations on financial markets Thursday – and over the past two weeks – are ominously reminiscent of the 2008 financial crisis, with nerve-racking moves in the full range of globalinvestments. “The United States looks like it's flirting with ... See all stories on this topic » | ||
| How to Profit as Asian Stocks Plummet over Fears of Global Recession Benzinga However, as the week progressed Asian stocks fell partially over concerns that the very plan that was heralded for averting a financial crisis might push the United States into recession (as if with today's unemployment rates we aren't already in the ... See all stories on this topic » | ||
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| Gross Says Banks Charging to Hold Cash 'Unheard of': Tom Keene Bloomberg Custody banks like BNY Mellon have been flooded with cash as the European debt crisis, the debate over the US debt ceiling and the stock market selloff prompted institutions to seek the safety of insured bank accounts. A global rout in equities drove ... See all stories on this topic » | ||
| Stevens has some big calls to make The Australian Globally, low inflation even may have facilitated the US housing price bubble that led to the global financial crisis in the first place. In the 2010s, such inflated asset prices and the excess borrowing that fuelled them will have to correct, ... See all stories on this topic » | ||
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| Global economy comes to the end of its string Bangor Daily News By Steven Pearlstein, The Washington Post Short answer: Because we never really fixed underlying structural problems in the US and global economies that had been building for decades and caused the financial and economic crisis in 2008. ... See all stories on this topic » | ||
| Stock market turmoil BBC News We have to recognise that the world has entered a global financial crisis that concerns all countries." Meanwhile, perhaps spare a thought for the world's richest man, Carlos Slim, who is estimated to have lost about $8bn this week. The Mexican's stock ... See all stories on this topic » | ||
| US Stocks Plunge in Biggest Retreat Since 2009 Bloomberg The rate, which dropped to as low as 2.40 percent today in New York, reached a record low of 2.04 percent in December 2008 during the global financial crisis. The Dollar Index, which tracks the US currency against those of six trading partners, ... See all stories on this topic » | ||
| How to Profit From the Next Investing Bubble Smartmoney.com And the financial crisis, itself the spawn of a bubble in housing, has had ironic side effects: Investors looking for safe assets flooded into bonds and commodities, for instance, driving them into potentially dangerous territory. ... See all stories on this topic » | ||
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| Markets tumble amid investor concerns ABC Online EMILY BOURKE: Fears of a second global financial crisis have intensified after massive falls on the world's share markets overnight. The huge losses were sparked by concerns about the US economy and the deepening debt crisis in Europe. ... See all stories on this topic » | ||
| Nervous Investors Chase Low-Risk Assets New York Times “The movement into deposits during a financial crisis is expensive for US banks because they have to pay deposit insurance on these extra inflows,” Mr. Abate wrote. “These inflows mostly represent 'hot money.' ” There are signs that money market funds ... See all stories on this topic » | ||
| Experts say economic uncertainty globally led Dow to biggest drop in 3 years ... Wausau Daily Herald The Associated Press The Associated Press NEW YORK -- The financial markets suffered their worst day Thursday since the crisis of 2008, a nosedive that local advisers said is tied to continuingeconomic uncertainty throughout the world. ... See all stories on this topic » | ||
| Change We Can Believe In Credit Writedowns We would argue a system built upon unreserved bank credit expansion is inequitable, regressive, opaque, the source of asset boom/bust cycles and the root of virtually all the financial, economicand political chaos we are experiencing today. ... See all stories on this topic » | ||
| POLITICAL HOT TOPICS: Friday, August 5, 2011 CNN (blog) The unusual move means some US depositors will have to pay to keep big chunks of money in abank, marking a stark new phase of the long-running global financial crisis. The shift is also emblematic of the strains plaguing the US economy. ... See all stories on this topic » | ||
| Treasuries Poised for Biggest Weekly Advance Since Fed Rate Cut in 2008 Bloomberg Stocks are “extremely oversold,” he said, speaking from Zurich. European Central Bank President Jean-Claude Trichet said yesterday the ECB has resumed bond purchases and will offer banks more cash to stop a debt crisis in the region from engulfing ... See all stories on this topic » | ||
| Barchart Morning Call Inside Futures The US stock market plunged yesterday and settled sharply lower as concern over an economicslowdown intensified along with concern the European debt crisis may worsen: Dow Jones -4.31%, S&P 500 -4.78%, Nasdaq Composite -5.08%. ... See all stories on this topic » | ||
| Newspaper Briefing, including 'Stricter ringfencing for banks than feared ... Proactive Investors UK Japanese join Swiss in push to devalue currency: Japan tamed financial markets and successfully pushed down the value of its currency, but stalling economic growth in the West and the latest leg of the Eurozone crisis suggest that its victory may be ... See all stories on this topic » | ||
| Financial markets: State of emergency The Guardian Time for the current neo-liberal financial rubbish we've been labouring under since Thatcher & Reagan to come to a well overdue end. We should remove all our money from the bank at 9am? We all lived the good life on the basis of borrowing and the devil ... See all stories on this topic » | ||
| Is this 2008 all over again? Moneyweb.co.za What is probably most encouraging is that these companies have survived and learnt from the 2008financial crisis. Balance sheets are significantly stronger, costs have been cut and the businesses are geared for tough economic conditions. ... See all stories on this topic » | ||
| Demand to Raise Cash Causes Assets Crash Barron's Europe's debt crisis hasn't been resolved and the ECB policy remains focused on fighting inflation -- just as it was at this time in 2008 going into the economic and financial debacle. Most emerging-market economies are pursuing tight policies to stave ... See all stories on this topic » | ||
| Markets crash as recession fears hit Financial Standard Eslake said the fear was that central banks would not be able to respond to a second recession the way they did to the global financial crisis. Most major western countries cannot cut interest rates dramatically as they are already near zero and ... See all stories on this topic » | ||
| Italy pledges to balance budget by 2013, make balanced budget a constitutional ... Newser "This evening I'll receive a phone call from President (Barack) Obama" because the crisis "pertains tothe global financial panorama," Berlusconi said. German Chancellor Angela Merkel's office also said she would be consulting with Obama later Friday. ... See all stories on this topic » | ||
| THE DISTILLERY: Greedy bears Business Spectator The paper also reported that: "Global stock markets plunged on Thursday as central bankinterventions in Europe and Japan failed to soothe investors' concerns over economic growth and the eurozone debt crisis. The European Central Bank bought ... See all stories on this topic » |
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