Category

Economy

stocks

Why We're Still Avoiding WMT Stock Despite Today's Major Acquisition News

The WMT stock price has gained nearly 1% today on some big acquisition news.

Reports say that Wal-Mart plans to acquire online retailer Jet.com.

Despite the news, there's one reason we're avoiding Wal-Mart stock in 2016...

Global Markets

World Leaders Will Use G20 to Whine About Donald Trump Instead of Fixing Economies

Treasury Secretary Jack Lew won't be quiet at the G20 Summit this weekend.

Not with Donald Trump as the GOP nominee.

In fact, we're expecting trash talk galore...

commodities

One of the Market's Juiciest Takeover Targets Just Might Solve World Hunger, Too

By the time you're done reading this one sentence, roughly 20 people will have been born. In fact, around 200,000 new babies will have joined us by midnight tonight, mostly in the global East, where economic growth, along with the population, of course, is far outpacing that of the global West.

That's obviously a lot of hungry mouths to feed. The difference is that now, thanks to that economic growth, there's an increasing amount of wealth with which to buy food – and quality food, at that.

One thing that isn't increasing, however, is the amount of arable farmland on the planet. That's actually shrinking fast.

And so one of the world's most pressing challenges is the need to dramatically improve crop yields across every possible square foot. Solving this challenge is the single biggest focus in farming today.

The company I want to tell you about today is in the best possible position to profit as it helps meet the challenge head on.

The company is paying a $0.25 dividend on August 2, it's true, but there are some very good reasons why this company could be bought in the near future...

Global Markets

Negative Interest Rates Are Still Dangerous Despite Japan's GDP Growth

The Japanese economy grew in Q1 2016, but negative interest rates could cause long-term issues for the world's third-largest economy.

You see, central banks are making dangerous assumptions about negative-interest-rate policies facilitating economic growth and recovery.

And if more countries adopt these short-sighted policies, we could be on the verge of an economic collapse. Here's why negative interest rates are so dangerous...

Commodities

Why I'm Still Short Miners (and You Should Be Too)

The industrial commodities complex is riding the crest of this infernal "bear market rally." This is unlikely to last. I'm still bearish on the commodities, and with good reason.

Today I thought it would be worthwhile to check in on a few of the short plays I recommended on miners last year and put their "improved" status into perspective.

Spoiler alert: You'll want to buy puts on these...

Global Markets

U.S. Companies Flocking to Cuba Will Operate Under "Economic Imperialism"

A veritable "hotel race" has sprung up in Cuba for U.S. companies. Thawed relations mean new opportunities for the hospitality industry on the island…

But doing business in Cuba won't be easy, where "economic imperialism" — and not capitalism — rules the land.

Watch the video as Money Morning Chief Investment Strategist Keith Fitz-Gerald explains what Cuba's economic imperialism will mean for the American businesses flocking there in an interview with FOX Business' "Varney & Co."...

Economic Data

September Layoffs Surge 93% as Hewlett-Packard Slashes 30,000 Jobs

September layoffs surged as U.S.-based employers announced plans to slash 58,877 jobs.

According to the global outplacement consultancy Challenger, Gray & Christmas, September layoffs were up 43% from August. The total was also up 93% from September 2014, when 30,477 planned layoffs were announced.

Here's which sectors, and companies, were hardest hit...

China

BREAKING: Devaluing the Chinese Yuan Will Spark a U.S. Economic Collapse

The Chinese government made the surprise decision today (Tuesday) to devalue the Chinese yuan. It's an action that could have dire consequences to the U.S. economy.

Today's move was the largest devaluation in the Chinese yuan's history. The yuan's value was cut almost 1.9% against the U.S. dollar.

Here's why that could have disastrous results in the United States...

China

Play China's $67 Trillion Surge with This Stock

Before this month's crash, Chinese markets doubled over seven months to peak at 5,166 in mid-June.

On the way up, anecdotes abounded of farmers abandoning their fields in favor of trading stocks on margin. By late June, there were more individual investors in China than the 87.8 million card-carrying members of the Communist Party of China.

Now, of course, the Shanghai Composite Index has crashed a staggering 28% since June 12. The boom isn't done going bust; there may still be more pain to come.

But the Chinese markets' spectacular crash obscures one of the most important market truths of the 21st century…

China is undergoing a massive transformation toward a consumer-driven economy – one that will see demand power surge to $67 trillion within a decade…

And one U.S. company has become the top choice to profit from this shift...

Housing Market

The Home Sales Market Is Dead – This Chart Proves It

The seasonally adjusted headline number for the monthly-error-times-12-annualized version of new home sales in June was 482,000.

Wall Street analysts had guessed that the number would be 550,000. The Wall Street Journal went into apoplectic excuse-making mode, almost foaming at the mouth to try to find pundits to explain away the bad number.

The whole spectacle was silly and pointless since we have actual data and can readily see whether sales remain on trend or not. We don't need Wall Street pundits to tell us what to think.

We can see for ourselves...