As months go on and the eurozone sovereign debt crisis increases, weakening economies like Germany paves the way for a possible breaking of the EU. True, Sarkozy and Merkel danced around the idea of a stronger fiscal union, but that is for consumption not reality. The great idea, the eurozone is on its way out.… Continue Reading
In an attempt to strengthen an ailing Euro, Nicholas Sarkozy and Angela Merkel decided to meet yesterday and hammer out a proposal that would in effect calm markets and boost growth. The proposal did anything but that and have sent European stocks downward this morning. The proposal recommended tightening the loose unity among the 17… Continue Reading
Well, even Moody’s which held back from lowering the credit rating of the sovereign debt of the US has begun to see that the economic outlook of the US is indeed weakening. Of course this is Moody’s way of saving face. With the administration’s onslaught against the S&P downgrade clearly failing as most analysts and… Continue Reading
When the market goes volatile, the usual trading strategies change according to Simon Baker, a hedge fund manager and CEO of Baker Ave. For example, buy and hold strategies are ineffective in a highly volatile market. Instead one needs to get in and out quickly to make money and minimize risk. The question is how… Continue Reading
The current economic slow down and market response over the past month (Dow has been down 8.9%), has forced investors to look at creative and stable solutions to save their investments and possibly squeeze some profits. The key is to look global and towards the emerging markets. Vedanta (VED.L), a diversified mining company has a… Continue Reading
Google, Inc announced that it is purchasing Motorola Mobility Holdings Inc. for $12.5 billion in cash. Motorola Mobility was separated from the main Motorola Company earlier this year. Google will pay $40.00 per share which equals a 63 percent premium to Motorola’s closing price on Friday. In premarket trading Motorola’s shares rose by 60% from… Continue Reading
Those who know me, know that I extol the virtuous foresight of those investors who have gone East into the emerging markets. Its true, its a new game there, but there is money to be made from India to China. Those multinationals that have had increased sales to these emerging markets are the most stable… Continue Reading
Markets are set to open slightly higher as hopes that this week will be less volatile than last week. There is something calmness and those investors that have staked their retirements and lifestyles on the markets want stability. Unfortunately for them the market could very well have a certain level of volatility for some time.… Continue Reading
The price of gold has been jumping and people have been buying it as a safe haven. There have been predictions that gold will go up as high as $2,500. As long as the markets are volatile gold is likely to remain attractive. Gold was selling so well that in May this year that EBay… Continue Reading
Leave it up to the EU to possibly threaten the already shaky US financials with their sovereign banks’ “junk debt.” If the European debt crisis was an isolated venture then it would not phase our weakened system, yet bank are like the Three Muskateers in that they adhere to the mantra of “All for One… Continue Reading