Results for 2008 February
Treasuries May be no Safe Haven in This Stock Market Storm
By Martin Hutchinson
Contributing Editor
For the last couple of years, every time problems have emerged in the stock market, investors have rushed into U.S. Treasury Bonds, assuming they’re a catchall "safe haven" against stock-market storms.
But there are signs that at…
Growth – Not Inflation – Remains the Fed's Main Concern
By Jason Simpkins
Associate Editor
U.S. Federal Reserve Chairman Ben S. Bernanke yesterday (Wednesday) echoed Vice Chairman Donald Kohn’s earlier view that market turmoil and slowing growth pose the "greater threat" to the U.S. economy, a comment that clearly relegates inflationary concerns…
Google Joins Consortium Planning High-Speed Undersea Cable to Asia
By William Patalon III
Executive Editor
Money Morning/The Money Map Report
When the telecommunications revolution was still in its infancy, it was the clickety-clack of the telegraph key that signified that information was being sent to a distant locale. But it was the…
Sharp and Sony Link up in Joint Venture to Make LCD Panels for Burgeoning Flat Panel TV Market
Hong Kong Makes Huge Tax Cuts, Increases Spending on Infrastructure Intangibles
By Mike Caggeso
Associate Editor
Sitting on an estimated $15 billion budget surplus, Hong Kong’s financial chief, John Tsang, said he would slash taxes, eliminate duties on beer and wine, increase spending on health services and introduce measures to bridge…
Midday Market Update: Bernanke Testimony Hints at More Easing
By Jennifer Yousfi
Managing Editor
Stocks moved forward for the fourth consecutive day as Federal Reserve Chairman Ben S. Bernanke’s testified before Congress today that the Fed would "act in a timely manner" to mitigate "downside risks" to the U.S. economy.
At noon…
Fed Can't Hide From Inflation; Bernanke Appears Before Congress
By Jason Simpkins
Associate Editor
Wholesale food, energy and medicine costs soared in January, pushing inflation up at the fastest pace in a quarter century, the Labor Department reported yesterday (Tuesday).
Producer prices jumped by 1% for the month, more than double…
Despite its Billion-Dollar Loss in Blackstone Deal, China SWF CIC Sees the Bigger Picture
By William Patalon III
Executive Editor
Money Morning/The Money Map Report
When China Investment Corp. (CIC) opted to make The Blackstone Group LP (BX) its first investment last May, leaders of China’s $200 billion sovereign wealth fund clearly expected a better outcome.
CIC invested…
Shareholders 1, Subprimes 0: Ailing Countrywide Gets "Countryfried" for Expensive Ski Junket
By Keith Fitz-Gerald
Investment Director
Money Morning/The Money Map Report
I don’t know whether to be furious or relieved.
While at our Oxford Club Chapter Meeting in Colorado Springs last week, I happened to learn that Countrywide Financial Corp. (CFC) was planning to host several…
With Domestic Sales Slowing, Fast Food Players Carry Out International Expansion Plans
By Jennifer Yousfi
Managing Editor
Fast food companies are feeling the squeeze.
On one hand, sales are growing in the emerging markets abroad. At the same time, however, the quick-service restaurants also are wrestling with a slowdown in their home U.S. market, and…
Click here for audio and video featuring your favorite Money Morning contributors.
RSS