Fed Leaves Rates Unchanged, Says Inflation Outlook is Better
Archives for June 2007
June 2007 - Money Morning - Only the News You Can Profit From
Venezuela Says "Adios" to Most Foreign Investment, Making it a Stay-Away Play for Investors
By unilaterally stripping away the Venezuelan oil holdings of both Exxon Mobil Corp. and ConocoPhillips, Venezuela President Hugo Chavez has essentially bid adios to future investments by foreign corporations.
Disappointment in Durables Leads to Worries of Prolonged U.S. Malaise
Demand for big-ticket U.S.-made goods plunged in May, as orders for metals, heavy machinery and even aircraft all skidded. The orders for so-called “durable” goods dropped by 2.8% last month – the biggest decline in four months, and far more than the 1% decline economists had projected. This report is considered a crucial indicator of […]
Investing in Argentina? Avoid it Like the Plague
If you were looking for the country with the worst economic policy of the last 20 years, your search would stop with Argentina.
Bond Guru Calls For Interest Rate Cuts, But is it Déjà vu All Over Again?"
Bond guru William H. Gross believes the fallout from the subprime mortgage crisis will spread beyond the housing sector, inducing the Fed to cut interest rates.
Global Investing: Has Wall Street Rigged the Game?
In the decades to come, the real money will be made through global investing. The fast-growing markets in Asia, Eastern Europe, Russia and parts of Latin America will emerge as key places to do business, and their companies will see their values soar.
Sinking Consumer Confidence: A Harbinger of Rougher Waters Ahead?
Consumer confidence skidded in June to its lowest level in nearly a year…
The Sarkozy Factor: Time to Take a Chance on France?
For investors, the election of Nicolas Sarkozy makes it very clear that France can be transformed into a highly alluring profit opportunity.
Time For Fed-Watchers to Watch the Fed
It's what they say – not what they do – that will count.
"Reverse Merger" Will Make Europe's GLG Hedge Fund Firm a Public Company
GLG Partners, one of the largest hedge funds in the European market, will go public in the United States in a "reverse merger" valued at $3.4 billion.