September 2009 - Page 7 of 10 - Money Morning - Only the News You Can Profit From

Buy, Sell or Hold: The SPDR Gold Trust ETF (NYSE: GLD) Continues to Offer Investors a Hedge Against Inflation

The just-concluded Group 20 (G20) meeting left us with a chorus of very "prudent" governments and central bankers singing the praises of easy monetary and fiscal conditions. So where can we take refuge when all the central banks in the world print money and governments run deficits in order to spend like drunken sailors? The […]

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China Exports Drop, but Production Rises on Domestic Demand

August exports in China plummeted 23.4% from a year earlier as the global economic crisis continued to take its toll on developed countries. However, industrial production in the Red Dragon still managed to grow, indicating the best is yet to come for the world's third largest economy. Boosted by a $586 billion (4 trillion yuan) […]

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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 to Sell Opel to Magna; U.S. Foreclosures Improve in August; Bank of England Holds Rates Steady; Emerging Market Stocks at Expensive Levels; U.K. Housing Prices Rise 0.8% in August; […]

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Oil Prices Gaining Momentum as OPEC Keeps a Lid on Production

The Organization of the Petroleum Exporting Countries (OPEC) said yesterday (Thursday) that it would keep production quotas at 24.845 million bpd and urge members to adhere to targets, as global demand has yet to return in full. However, a report from the International Energy Agency (IEA) indicated that demand is recovering more quickly than previously […]

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The Credit Rating Firms Are Running Scared – It's About Time

When it comes to the U.S. credit crisis, we’ve all heard the numbers. The stock market decline wiped out $7 trillion in shareholder wealth. It forced the federal government to commit to $11.6 trillion in bailout programs and stimulus spending. And it’s led to the longest U.S. downturn since the Great Depression. Everyone also knows […]

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Morgan Stanley CEO Steps Down, Will Remain As Chairman

Morgan Stanley (NYSE: MS) Chief Executive Officer John Mack will step down and be replaced by Co-President James Gorman, who has been running the company’s brokerage and overseeing its merger with Citigroup Inc.’s (NYSE: C) Smith Barney unit. The 64-year-old Mack will remain as Morgan’s Chairman when Gorman, 51, takes over the CEO post on […]

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U.S. Trade Deficit Widens, but Signals a Healthier Economy

The U.S. trade deficit expanded at its fastest pace in more than ten years in July, accelerated by rising oil prices and increased demand for auto parts and industrial supplies. The gap between imports and exports rose 16% – the largest percentage increase since February 1999 – to $32 billion in July from a revised […]

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Kraft's Bid for Cadbury Not Sweet Enough

Kraft Foods Inc.'s (NYSE: KFT) $16.7 billion unsolicited takeover attempt of Cadbury PLC (NYSE ADR: CBY) is the latest sign of consolidation in the highly competitive food industry, and will likely lead to two things: A bidding war for Cadbury and further consolidation in the sector. The world's second-largest foodmaker went public with its bid […]

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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. First Solar's Field of Dreams; NY Attorney General May Seek BofA Charges; Another Big Brazil Discovery; Small Banks Want TARP Money, Too; Dubai Not Worried About Debt; Madoff's NYC Duplex […]

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Five Ways to Outsmart 31,179 Other Investors

Back in mid-June, more than 75% of the investors responding to a CNNMoney poll said they were planning to buy stocks – many of them aggressively. Of the 41,572 people polled, it now looks like those 31,179 bullish investors kept their word. The Standard & Poor's 500 Index has zoomed 15% since those investors were […]

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