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. ... See all stories on this topic » | ||
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. ... See all stories on this topic » | ||
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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 ... See all stories on this topic » | ||
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%. ... See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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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,” ... See all stories on this topic » | ||
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. ... See all stories on this topic » | ||
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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. ... See all stories on this topic » | ||
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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 ... See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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 ... See all stories on this topic » | ||
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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 ... See all stories on this topic » |
Aug 19, 2011
FINANCIAL News, Money, Banks, Economic and Financial Crisis, Aug 19, 2011
IRELAND, Portugal, Spain, Italy, Greece News, Aug 19, 2011
Why the US is Not Greece (Guest Voice) The Moderate Voice by Steve Suranovic For over a year now we have been hearing about the government debt problems in Europe; especially in Greece, but also in the larger economies of Ireland, Portugal, Spain, Italyand even France. Greece's outstanding public debt is now ... See all stories on this topic » |
EUROZONE Debt Crisis News, Aug 19, 2011
In Crisis, Reminders of Disputes in Euro's Founding New York Times “Too little, too uncertain, too late — that has been the regular response of EU leaders to the euro zone debt crisis,” argued Sharon Bowles, chairwoman of the Economic and Monetary Affairs Committee of the European Parliament. ... See all stories on this topic » |
Turbo Trading, Aug 19, 2011
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It's Not Just Congress – the System Has Failed - Money Morning
BY KERRI SHANNON, Associate Editor, Money Morning
Sandra Bloom is in a frustrating position, and she feels stuck.
She put faith in people to do some work for her - and they've failed.
Not only did they fail to fulfill promises, they've created a bigger mess than the one they were supposed to fix.
Like many Americans, Bloom hoped the U.S. Congress would improve the country's struggling economy this year. Instead, she watched elected leaders squabble and finger-point while the U.S. credit rating was downgraded and federal debt climbed past $14 trillion.
"I am so angry at Congress for the way it is not doing its job," Bloom wrote in an e-mail to Money Morning. "There is no longer any attempt to do what is best for the country, no attempt to compromise."
Bloom shared her thoughts on what's wrong with Congress in response to a dismal CBS News/New York Times poll in early August that revealed 82% of Americans disapprove of the way Congress is doing its job - the highest disapproval rating since polling began in 1977.
Sandra Bloom is in a frustrating position, and she feels stuck.
She put faith in people to do some work for her - and they've failed.
Not only did they fail to fulfill promises, they've created a bigger mess than the one they were supposed to fix.
Like many Americans, Bloom hoped the U.S. Congress would improve the country's struggling economy this year. Instead, she watched elected leaders squabble and finger-point while the U.S. credit rating was downgraded and federal debt climbed past $14 trillion.
"I am so angry at Congress for the way it is not doing its job," Bloom wrote in an e-mail to Money Morning. "There is no longer any attempt to do what is best for the country, no attempt to compromise."
Bloom shared her thoughts on what's wrong with Congress in response to a dismal CBS News/New York Times poll in early August that revealed 82% of Americans disapprove of the way Congress is doing its job - the highest disapproval rating since polling began in 1977.
email: info@als-alexander.org or interalex2@gmail.com
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