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Global Markets

Global Economy

Vaccinate Against This Fiscal Contagion

Editor's Note: Special contributor Michael Lewitt publishes the highly regarded The Credit Strategist and was recognized by the Financial Times for forecasting both the financial crisis of 2008, and also the credit crisis of 2001-2002. His 2010 book, The Death of Capital: How Creative Policy Can Restore Stability (John Wiley & Son) was included in the curriculum at the University of Michigan and Brandeis University.

The European financial crisis is often pushed out of the headlines by crises of a more incendiary variety. That might suggest the problem has diminished. It hasn't.

The saga of Portugal's Banco Espirito Santo is a sure sign to investors that the European financial crisis is anything but over. 

Mario Draghi and the European Central Bank (ECB) may keep its finger in the dike, but the dike is only going to spring more holes. 

European banks are still highly leveraged. Their investors are likely to run for the hills at the first sign of trouble, and governments are going to be reluctant to bail them out unless they feel that their collapse poses a systemic risk.

Global investors are, for the most part, shrugging off the problems at Banco Espirito Santo, but European investors are not taking things so lightly. Here's why you shouldn't, either…

Global Economy

Banco Espirito Santo's Newfound "Clarity" Just Makes Things Foggier

So what if there was some momentary panic over some Portuguese bank, Banco Espirito Santo, last week and contagion fears spilled out across the globe and markets tanked?

It's all better now. Everything has been cleared up. How do we know? Because the bank's regulators and the country's central bank, Banco de Portugal, are telling us so. It's all contained, they say.

Well, if you're reassured, don't read on - because this is going to <em>ruin your day</em>...

Energy Investing

These U.S. Natural Gas Stocks Are Critical to the EU's New "Master Plan"

The ongoing civil war in eastern Ukraine, along with the corresponding crisis between Kiev and Moscow, means that Russian gas supplies to the EU could be cut off again come September.

In 2009, the last time Russia said nyet to European natural gas deliveries, the continent barely survived one of the coldest winters in years.

This time around, Europe's savior could be U.S. liquefied natural gas (LNG) exports – which is good news indeed for select natural gas stocks…

And that's good news indeed for these natural gas stocks...

Energy Investing

How to Make Money from America's Oil Boom

Energy investing update: The amount of oil produced in the U.S. has skyrocketed more than 50% over the last six years.

Now small towns all across America are filling with a new breed of millionaires who have learned how to make money from this boom. But it isn't the major oil companies leading the way. According to a new report, the fastest-growing oil companies in America are the smaller outfits.

And these oil stocks are rising as quickly as their reputations…

And these oil stocks are rising as quickly as their reputations...

Top News

These Companies May Decide the Fate of Ukraine

Editor's Note: Bill Patalon's readers enjoy regular access to his high-profit research and best money-making, market-beating ideas. Today Bill looks behind a global crisis that's playing loudly out on the front pages everywhere, yet the most important factor is almost entirely being missed. Since Bill's been watching this trend for years, he sees, and shares, for us his one-of-a-kind insights…

If you've been watching the developments between Russia and Ukraine in recent days, then I'm sure you've seen reports of the sobering military buildups taking place on both sides of the border.

Today I want to spend a little time updating you on these escalations.

But then I plan to tell you about the real skirmish there – one that's not being reported on by the mainstream media. In fact, it may have already ended the battle in Moscow's favor.

Kiev just doesn't realize it yet.

The deciding factor in this skirmish is something we've been telling you about for more than two years.

And it just keeps gaining in importance – so much so, in fact, that we Main Street Americans need to watch it carefully just to protect ourselves.

This "X-Factor" goes by a lot of names.

But today we're going to refer to it as the "Invisible Front" of modern warfare.

stock market today

Dow Jones Industrial Average Slips on Higher Jobless Claims, Ukraine Concerns

The Dow Jones Industrial Average slid 21.97 points to finish at 16,558.87 on Thursday on news that jobless claims were higher than expected and the International Monetary Fund committed $17 billion to stabilize the Ukrainian economy.

The S&P 500 was down 0.27 points to finish at 1,883.68, while the Nasdaq was up 12.90 points, closing at 4,127.45.

Here’s your recap of today’s major market events.

Top News

What to Watch For in U.S.-Japan Trade Discussions

President Obama kicked off his weeklong tour of Asia this week when he met with Japanese Prime Minister Shinzo Abe in Tokyo. At the heart of the visit: U.S. Japan trade discussions.

Money Morning's Chief Investment Strategist Keith Fitz-Gerald joined CCTV America on Tuesday and discussed why the discussions are important right now.

Read More…

Global Economy

Our Man in Japan Shares a Soros-Beating Move

Editor's Note: Our readers always benefit from our global perspective. We're sharing this Private Briefing interview with our readers because it gives them a unique window into the one profit play that beat George Soros to the punch – and delivered returns that were more than 60% greater than what Mr. Soros himself enjoyed. Here's Bill…

KYOTO, Japan – I can't think of any Westerner who has a better handle on Japan-related investment opportunities than our own Keith Fitz-Gerald.

And there's a reason for that. Keith, the Chief Investment Strategist here at Money Map Press, married into a Japanese family many years ago and spends at least part of each year living in that country.

That's given Keith an unrivaled global vantage point and has given his readers the kind of "first-mover" advantage that usually leads to big profits.

Let me share a story that illustrates my point…

Investing Tips

How to Find the Best Investments Amid Global Uncertainty: A Three-Tiered Strategy

Just last year, emerging markets were predicted to be the driving force behind a more than 5% annual global growth rate. Yet on March 11, the Organization for Economic Cooperation and Development reported that emerging markets are the reason why global growth will slow.

Here are three metrics will help investors find the best investments abroad...

Hot Stocks

Hot Stocks to Watch Today

U.S. equities jumped up right out of the gate Tuesday, with all three benchmarks up better than 1% just before noon. The S&P 500 Index hit yet another record high. European markets, also hammered on Monday, recovered most of what they lost in Tuesday's session.

Hot Stocks Today

While the gains were broad-based as stocks rebounded from Monday's rout, there were a number of equities moving higher on company developments, industry news, earnings, and deal making. Following are 12 of today's hot stocks to watch.

Read More…