Archives for May 2015

May 2015 - Page 4 of 22 - Money Morning - Only the News You Can Profit From

The Next Iraqi Threat to the Oil Sector... It's Not What You're Expecting

If you still doubt that geopolitical heat can rattle the oil sector, then we strongly advise you to carefully watch the events that are about to play out.

Because matters are getting worse: U.S. Secretary of Defense Ashton Carter called out the Iraqi military – during a high-profile TV interview no less – claiming it lacks the will to fight.

In turn, the main Iranian general condemned the U.S. for not acting to halt ISIS' advance soon enough. Here's how all of this will have a huge impact on crude oil stability and global prices...

The Stock Market Crash of 1929

Stock market crash history series #1: The Stock Market Crash of 1929 is without a doubt the most devastating in U.S. history, in terms of duration and extent.
On Black Tuesday, Oct. 29, 1929, the Dow dropped 12% (30 points) and 16 million stock shares exchanged hands – although for some, there were absolutely no buyers. When the dust settled, more than $30 billion (roughly $350 billion in today's dollars) in wealth had been obliterated. The Dow sank a total 48% from September to November 1929 and kicked off the 10-year-long Great Depression. It lost another 86% from April 1930 to July 1932 in the crash's aftermath.

Behind this crash was a phenomenon that may be more familiar than you'd like...

How is the Stock Market Doing Today After a Dismal Tuesday?

How is the stock market doing today after the Dow Jones Industrial average shed 191 points coming out of Memorial Day weekend?

On Tuesday, the stock market slumped 190 points as Greece woes, Federal Reserve rate chatter, and a stronger dollar fueled a sell-off.

Here's how the stock market is moving this morning, a look at key earnings reports, the top stock market news, and a list of stocks to watch based on today's market moves...

Don't Drown in the Sea of Global Debt

Debt is the proverbial double-edged sword, offering access to costly assets, but sometimes driving overleveraged borrowers into bankruptcy.

Only politicians and some Keynesian economists could convince themselves – along with a good portion of the masses – that more debt is the solution to the world's already crushing levels.

It's gotten so backwards, it's downright scary.

Yet there are some practical things you can do to avoid getting sucked under by the growing sea of debt...