Today: FINANCIAL News, Money, Banks, Economic and Financial Crisis, Aug 19, 2011

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Aug 19, 2011

FINANCIAL News, Money, Banks, Economic and Financial Crisis, Aug 19, 2011


GLOBAL MARKETS-Gold soars, stocks sink as data roils markets
Reuters
In Europe, German shares lost the most, with traders citing the effects of a short-selling ban onfinancial stocks in other parts of Europe and intensifying worries about politicians' lack of a plan to address the euro-zone sovereign debt crisis. ...
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Economy Fears Drive Investors Out Of Risky Assets, Into Treasurys
Wall Street Journal
By Min Zeng NEW YORK (Dow Jones)--Dismal US economic data and concerns about Europeanbanks fueled resurgent fears about the global economic outlook, triggering a broad selloff in risky assets and a flight into Treasury bonds. ...
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European bank stocks battered by liquidity fears
Salon
Protecting foreign bank subsidiaries has been a priority for regulators since that crisis. Lehman's bankruptcy filing fed the global panic in part because the legal andfinancial status of its European operations were not clear to other banks and ...
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Salon
ILFC Fails to Sway Bond Market on Standalone Prospects: Corporate Finance
Bloomberg
Financial debt is suffering its worst month since November, declining 0.8 percent through yesterday,Bank of America Merrill Lynch index data show, as investors flee borrowers facing more risk from a weakening economy and Europe's spreading debt crisis ...
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Zacks Investment Ideas Feature Highlights: Johnson & Johnson, iShares S&P U.S. ...
Sacramento Bee
The country of 22 million people has experienced a remarkable 20 consecutive years of economicgrowth, even in spite of the global financial crisis. Bond yields are high because the ReserveBank of Australia currently has its cash rate set at 4.75%. ...
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US Commodities Day Ahead: Gold Rises Above $1800 on Slowdown
Bloomberg
Swedish banks must do more to prepare for a deterioration in Europe's debt crisis that could freeze interbank markets and cut off funding, said Lars Frisell, chief economist at the country's financialregulator. Stocks and US futures fell while ...
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Gunit Chadha | We like to pick niches where we can dominate
Livemint
Having both at the top is very good for the bank. What kind of impact of the Euro zone debt crisisand US downgrade do you see on India? Policy outlook: Chadha says the group sees the interest rate cycle at being near its peak. Photo Hemant Mishra/Mint ...
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CNN's Ali Velshi: US Economy Is Not Broken, but It Is Bifurcated
Knowledge@Wharton
Velshi's first book, Gimme My Money Back: Your Guide to Beating the Financial Crisis, was released in January 2009. His upcoming book written with co-anchor Christine Romans, How to Speak Money, Becoming Fluent in the World's Most Important Language, ...
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Knowledge@Wharton
Titanic Battle or Insider Trading? The S&P Downgrade and the Bilderbergers ...
Center for Research on Globalization
According to Der Spiegel, one of the most widely read periodicals in Europe: Many economists have been pointing out that last week's panic resembled the fear that sweptfinancial markets after the collapse of US investment bank Lehman Brothers in ...
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Center for Research on Globalization
Time for fear or greed as markets gyrate?
Telegraph.co.uk
Mr McDermott said recent price falls had hit mining and financial stocks most. "Consider the JPM Natural Resources fund. If you are brave and can take a long-term view, some of the British banks, such as Lloyds, would fit the bill," he said. ...
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Telegraph.co.uk
Double-Dip Fears Ratchet Higher; Economists Fret Self-Fulfilling Prophecy
Fox Business
Home prices have already plummeted back to 2002 levels and many Americans have yet to recover from the drubbing their 401(k)s took during the financial crisis. “For many people, this would be a double-whammy without ever offering a respite in between,” ...
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A global reserve currency to remedy our bad behaviour
The National
Last week's modest gains on global stock markets were nothing but a false dawn. The world economy remains on the edge of a precipice. With the US and European economic engines slumping to stall speed, the debt crisis is extending to a growth crisis. ...
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Traders lament lack of summer lull
Interactive Investor
Banking stocks have been decimated across Europe, with indiscriminate selling even inbanks that maintain their exposure to the crisis is slim. "No sector is surviving this tidal wave of selling, and the fact that financials are first in the firing ...
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Interactive Investor
NetApp's CEO Discusses Q1 2012 Results - Earnings Call Transcript
Seeking Alpha
Internally, our approach is essentially unchanged and our focus remains on continued market sharegains. In the last downturn, following the financial crisis, we found economic pressures forcing customers to consider new options. ...
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Stocks fall around the world
Stuff.co.nz
LATEST: Renewed worries about Europe's debt crisis and a raft of weak US economicdata have sparked a rout in global equities, while gold shot to new highs and US bondyields hit record lows as investors sought safety. "The market is in meltdown mode; ...
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Stuff.co.nz
US Stocks Tumble on Global Economy, European Funding Concerns
BusinessWeek
Global stocks tumbled today after Morgan Stanley cut its forecast for global growth this year, citing an “insufficient” policy response to Europe's sovereign debt crisis, weakened confidence and the prospect of fiscal tightening. The bank estimates ...
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Financial Turmoil Adds to Allure of Europe's Best Properties
BusinessWeek
The euro region's sovereign debt crisis and prospects for slower economic growth triggered this month's slump in global stock markets and depressed yields for bonds with the best credit ratings.Economic concerns will hurt confidence and drive ...
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Wall Street tumbles on economy, bank worries
Chicago Tribune
The mortgage securities meltdown led to the 2008 financial crisis. The stock price for Sears Holdings fell more than 6 percent after the retailer reported a disappointing quarterly loss of $1.13 pershare. Currencies and commodities: The greenback ...
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Ten questions about the Financial Transaction Tax that needs to be answered
Financial News (subscription)
Merkel and Sarkozy made the announcement about a FTT in a statement following a meeting to discuss the sovereign debt crisis in Paris on Tuesday, arguing it would help contribute to the financial stability of the eurozone. ...
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Financial News (subscription)
Stocks fall on worries about slower global economy
MyCentralJersey.com
Global stocks fell Wednesday, Aug. 17, in a downbeat appraisal of a Franco-German summit that failed to persuade investors that a convincing fix to the eurozone's spiraling debt crisis was imminent. (AP Photo/Richard Drew) / Richard Drew/AP NEW YORK ...
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