Sales of existing U.S. homes plunged nearly 11% in the second quarter as the nation's real estate market continued its slump - just one in a slew of bad-news reports that emanated from the real estate market yesterday (Wednesday).
Japan's Surprisingly Strong Economy Makes it a Great Global Play
Global investors should take heed: Japan's economy continues to be much stronger than it looks.
U.S. Tech Firm Boosts its IPO Offering, Despite Volatile Stock Markets
From Staff Reports At a time when the U.S. stock market is at its volatile worst, the initial public offering of a high-tech company is looking better all the time. The VMware computer-virtualization unit of data-storage giant EMC Corp. (NYSE: EMC) has just boosted the size of its initial public offering to as much as $1.1 [...]
Investing With Caution During a Global Financial Crisis
By Martin Hutchinson Chief Global Investing Strategist In the last week, a bank in Germany and another in France got themselves into deep trouble by speculating on the U.S. sub-prime mortgage market. And yesterday (Thursday), the European Central Bank was forced to inject no less than $130 billion into the world monetary system. Stock prices [...]
Are the U.S. and China Headed for an All-Out Trade War?
Could a ruinous trade war between the United States and China be coming? It sure looks that way.