By Don Miller Associate Editor Money Morning The U.S. housing market is showing signs of stabilizing just as the American consumer is demonstrating a renewed willingness to start saving less and spending more, according to reports yesterday (Tuesday) from two closely watched economic surveys. The reports buoyed investor hopes that a blossoming economic recovery may […]
Archives for April 2009
April 2009 - Page 2 of 11 - Money Morning - Only the News You Can Profit From
China-Russia Oil Accord a Sign of a Changing World
[Editor's Note: Money Morning Investment Director Keith Fitz-Gerald is one of the world's leading experts on Asia, especially China. Right now, Fitz-Gerald is leading an investment tour of the Red Dragon, and he'll be sending along regular investment travelogues to update Money Morning readers on his latest observations. This is the second installment of that […]
How to Profit From Chile, Latin America's Real Economic Powerhouse
By Jason Simpkins Managing Editor Money Morning Brazil is often thought of as the best, if not only, investment play in Latin America, but Chile – with its equally abundant resources and sound fiscal governance – is emerging as an impressive economic rival. In fact, Moody's Investment Service last month raised Chile's sovereign debt rating […]
Investment News Briefs
With our investment news briefs, Money Morning provides investors with a quick overview of the most important investing news stories from all around the world. Whirlpool Surprises With 1Q Profit; Japan Predicts 3.3% 2009 Contraction; Verizon Beats 1Q Expectations; Analyst: Swine Flu-Hit Stocks Attractive; IMF: G-20 Nations Meet Goals; IRS to Go After More Offshore […]
Swine Flu Pandemic Threatens Global Economic Recovery
By Don Miller Associate Editor Money Morning The delicate state of the global economy could be rocked by an outbreak of swine flu, which has killed over 100 people in Mexico and infected many others in the United States, Canada, Spain and New Zealand. Underscoring the serious nature of an outbreak is a study conducted […]
GM, Chrysler Make More Dramatic Cuts to Stave off Bankruptcy
By Mike Caggeso Associate Editor Money Morning Faced with pending deadlines to restructure or resort to bankruptcy, General Motors Corp. (GM) and Chrysler LLC each made a series of dramatic moves to trim fat, reduce debt and improve efficiency. GM's cost-cutting measures are perhaps its most encompassing since the company began its turnaround process. Among […]
Controversial Stress Tests Reveal Only One Bank Needs Capital, but Worries Remain
By William Patalon III Executive Editor Money Morning/The Money Map Report Only one of the 19 financial institutions that received a bank stress test would require additional capital, the controversial government initiative has reportedly concluded. The identity of the bank that is alleged to have failed the bank stress test was not revealed. The bank-stress-test […]
Despite Rumors to the Contrary, Beijing Economy Continues to Boom
[Editor’s Note: Money Morning Investment Director Keith Fitz-Gerald is one of the world’s leading experts on Asia, especially China. Right now, Fitz-Gerald is leading an investment tour of the Red Dragon, and he’ll be sending along regular investment travelogues to update Money Morning readers on his latest observations. This is the first installment of that series.] […]
Buy, Sell or Hold: Monsanto Will Reap Big Rewards as Demand for Agricultural Products Accelerates
As the U.S. Federal Reserve and other central banks around the world pursue policies of quantitative easing, essentially devaluing their currencies, the specter of inflation is slowly creeping back into the U.S. economy. And because none of the world’s policymakers seem to know exactly how much monetary expansion will be necessary, or when it will […]
Stress Tests Put Obama Administration in "No-Win" Situation
By Don Miller Associate Editor Money Morning The Obama administration may have backed itself into a corner when it released the details of the "stress test" methodology being used to evaluate the health of the nation's big banks. With final results not expected to be released until May 4, releasing the testing methods for Citigroup […]