By Jason Simpkins Managing Editor Money Morning Could rising U.S. Treasury yields blunt the economic recovery that has helped push the rates higher? Yields on U.S. Treasury securities have soared over the past six months as the U.S. economy showed signs of a rebound and as investors braced for the possible return of inflation. However, […]
Archives for June 2009
June 2009 - Page 8 of 11 - Money Morning - Only the News You Can Profit From
Boston Globe May Be Latest Victim of Ad Slump as Union Votes Against Concessions
By Don MillerAssociate EditorMoney Morning The relentless advertising slump in the newspaper industry threatened to take down one of America's oldest and most respected bastions of journalism Monday, when the Boston Globe's largest union narrowly rejected $10 million in concessions that parent New York Times Co. (NYSE: NYT) said were needed to keep the paper […]
Two Ways to Profit From Europe’s Steady Shift To a Free Market
By Martin Hutchinson Contributing Editor Money Morning The European election result has been met with little interest in the United States; for one thing, the plethora of parties from 27 different countries makes it almost incomprehensible. Yet it continued a long-term, very important trend, which should be hugely interesting to international investors. You see, the […]
Two Ways to Play Silver’s Potential Rocket Ride
Late last month, one world's greatest speculative profit plays made an important breakout move. This speculative investment is the tiny group of mining stocks that operate as pure plays on the price of silver. If investment assets were all patients in a mental ward, bonds would be the guy who sits silently in the corner […]
Investment News Briefs
With our investment news briefs, Money Morning provides investors with a quick overview of the most important investing news stories from all around the world. GM Cans Mid-Size Trucks; Treasury Yields Soar to 7-month High; Airlines Grounded by $9 Billion Loss; Copper Sinks as Dollar Rises; Supreme Court Delays Chrysler Sale; McDonald's misses estimates; Apple […]
GM Sells Saturn Unit to Penske as Part of Bankruptcy Plan
By Don Miller Associate Editor Money Morning General Motors Corp. (NYSE: GM), racing to jettison unwanted assets as part of its bankruptcy filing, sold its Saturn unit on Friday to retailer Penske Automotive Group Inc. (NYSE: PAG). GM earlier this week announced that it plans to sell Hummer to China's Sichuan Tengzhong Heavy Industrial Machinery […]
Increased Electronics Demand Slows Taiwan’s Export Slump
By Bob Blandeburgo Associate Editor Money Morning China's demand for high-tech electronics in May helped slow Taiwan's nine-month export slump, underscoring the closer economic ties between the two countries as well as China's growing importance as a target market in the Asian region. Taiwanese exports fell 31.4% last month when compared to the same period […]
Buy, Sell, or Hold: iShares SPDR Gold Trust ETF
On April 20, I recommended the iShares SPDR Gold Trust ETF (NYSE: GLD). Since then, it has surged more than 10%. And while the price of gold may experience some short-term pullbacks, the U.S. government’s overly expansive fiscal policy could lead to a sharp inflationary spike that makes this exchange-traded fund a must-have investment. Given […]
With Oversized Deficits Almost Certain to Persist, an Investment In America's Future is One Very Tough Sell
By Peter D. SchiffGuest ColumnistMoney Morning Just last week, Team Obama took its financial-crisis dog-and-pony show on the road. U.S. Treasury Secretary Timothy F. Geithner went to China. Federal Reserve Chairman Ben S. Bernanke visited Capitol Hill. And President Barack Obama, himself, embarked on a Mideast tour that started in Saudi Arabia. This full-court press […]
History Hints that Current Stock Market Rally May Be the Leading Edge of a New Bull Market
By William Patalon III Executive Editor Money Morning/The Money Map Report If history is our guide, then the rally we've seen in U.S. stocks in recent weeks is more than just a periodic run-up in share prices – it's the initial stage of a prolonged bull market. The 13-week rally the Dow Jones Industrial Average […]