Where should you put your money in 2008? And more importantly, how can you make money in 2008? These are not easy questions to answer. With the credit crunch sending shock waves around the globe, and the Fed's dismal attempts to solve the problem, these questions loom large …
Archives for August 2008
August 2008 - Page 9 of 12 - Money Morning - Only the News You Can Profit From
Three of the Hottest Global Resource Companies - Based in Mexico
You don't have to go all the way to Asia to profit from stocks; the Mexico market, just down the turnpike, has done just fine, up about 10.8% in 2007 – almost triple the gains of the S&P 500 Index. Read the full report…
The Four Best Global Deals on Uranium
Of all the commodities to ride the volatile global roller coaster in 2007, uranium had the wildest ride. Overall, it gained 28% for the year. But that seemingly simple statistic masks a much-more-complex story.
Federal Reserve Policymakers Will Hold the Line on Interest Rates - At Least for Now
By William Patalon IIIExecutive Editor Money Morning/The Money Map Report With oil trading near a three-month low (and corn now at a four-month low), U.S. Federal Reserve policymakers may have just the ammunition they need to hold the line on interest rates for the foreseeable future – or at least until their Sept. 16 policymaking […]
Future of Nuclear Energy Bright Despite EDF Setback
By Jennifer YousfiAnd Jason SimpkinsMoney Morning Editors What was once viewed as a slam-dunk deal and partnership between Electricite de France SA (EDF) and British Energy Group PLC has hit a snag, putting at risk the British government's plan to revamp the ailing U.K. nuclear-energy program. But regardless of the deal's outcome, the future of […]
Buy, Sell or Hold: Valero Energy Corp.
Valero Energy Corp. (NYSE: VLO), the largest independent refiner in the U.S. market, is a well-known and avidly traded name. Despite being a member of the super hot energy sector, Valero has seen its stock price collapse from its 52-week high of $75.75 to Friday's close at $34.72 (a 54% decline). The 52-week low is […]
Turbulence in the European Economy Sparks a Dollar Rally
By Jason Simpkins Associate Editor The U.S. greenback surged Friday, capping off the biggest weekly dollar rally in three and a half years, as the euro slumped on speculation the European economy would continue to weaken. The euro fell as low as $1.5008 Friday afternoon, dropping more than 2% from $1.5325 Thursday – the biggest […]
Why Every Investor Should Have a China Investment Strategy
[The First of Two Parts] By William Patalon III Executive EditorMoney Morning/The Money Map Report As we've said time and again here at Money Morning, every investor has to have a China investment strategy. And with the opening ceremonies for the 2008 Beijing Summer Olympic Games taking place today (Friday), this is probably as good […]
Lenovo Strengthens its Status as a Global Brand with Strong Sales in China and Europe
By Jason Simpkins Associate Editor Lenovo Group Ltd. (OTC: LNVGY) may be the world's fourth-largest PC vendor, but strong earnings, a fast-growing home market in China, global expansion, and the company's involvement as an official sponsor of the Olympic Games have positioned the brand for solid global growth for the next several years. Lenovo, China's […]
Global Investing Roundups
Citi Buys Back Securities; Jobless Claims Rise; Toyota Earnings Skid; Brazil Grows More Grain; Vale's Record Earnings; Nestle's Earnings Crunch Beleaguered banking giant Citigroup Inc. (C) will buy back more than $7 billion worth of illiquid auction rate securities under a settlement, the Office of the New York Attorney General said yesterday (Thursday). Citi will […]