By Diane Alter, Contributing Writer, Money Morning - • Print | Email
Last week's best stocks to buy and investments to make centered on Week 2 of the government shutdown, the Oct. 17 debt ceiling deadline, and third-quarter earnings.
The U.S. Federal Reserve was also in the spotlight, and Twitter took center stage once again as we learned of the micro-blogging site's target IPO date.
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By Tara Clarke, Associate Editor, Money Morning • @TaraKateClarke - • Print | Email
Our inbox has been filling up with one big question from investors: "What are the best investments before the Fed QE taper occurs?"
The answer to this question has just altered dramatically, and here's why.
U.S. President Barack Obama yesterday (Wednesday) nominated U.S. Federal Reserve vice chairwoman Janet Yellen to replace Ben Bernanke as Fed chief.
Here's what to expect, so you can start planning ahead...
By Diane Alter, Contributing Writer, Money Morning - • Print | Email
Last week's best stocks to buy list at Money Morning stemmed from key events from the U.S. Federal Reserve – if you missed it, here's what you need to know…
The first Fed-related headlines came Monday morning when markets reacted to Fed chief frontrunner Larry Summers stepping out of the running to fill Ben Bernanke's shoes.
Focus then shifted to the central bank's two-day policy meeting that ended with the surprise announcement the Fed will continue its market-friendly $85 billion a month bond-buying program.
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By Diane Alter, Contributing Writer, Money Morning - • Print | Email
Some investors think Wall Street chaos is a sign to bail on stocks, not to load up on the best stocks to buy when things go south…
These are the investors who left the markets last week amid the latest antics: the Goldman Sachs trading glitch; minutes from the U.S. Federal Reserve's July meeting, which sent stocks on a rollercoaster ride; and the three-hour Nasdaq shutdown.
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Talk about looking for best investments in the most unlikely places…
The bad economic news out of Greece has dominated the headlines for several years now. As the country tries to work its way back to prosperity, a solvent banking system is going to be critical to the process. Banks have seen their capital base shrink from bond haircuts, bad loans and depositors withdrawing money to get it outside the beleaguered nation's banking system.
As part of its plan to restore the nation's fiscal health, Greece has told the banks they need to complete a recapitalization plan that raises Tier 1 capital ratios by 9%. This should increase their solvency and allow the nation to receive further bailout funds from the European Union.
Restored capital levels should help the banks regain access to interbank markets and provide the liquidity needed to help push the economy back on track.
Aliko Dangote is the richest man you've never heard of.
The 56-year old native of Kano, Nigeria is a self-made business magnate, with a net worth of more than $16 billion.
With boom times ahead for Africa, Dangote is leading the continent's headlong charge into infrastructure building and resource exploration.
A person of vision and drive, he's well suited for the unfolding boom, and all the opportunity it offers.
As the African Century moves into its second decade, Dangote is still very bullish on Africa– making – and keeping – most of his fortune there.
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By Diane Alter, Contributing Writer, Money Morning - • Print | Email
There was definite energy spin this week at the 18th Ira Sohn Investment Conference at New York's Lincoln Center. In fact, at this an annual gathering of some of the world's influential money managers and investors, energy was applauded as one of the best investments to make now.
Some 3,000 guests paid as much as $100,000 (proceeds benefit pediatric cancer resesarch) to hear what 17 of Wall Street's lucrative members had to say about the stock market. Each had some 15 minutes to share their picks, pans and opinion.
Clearly, energy was a favorite, as Barron's outlined in its Ira Sohn coverage this week.
Here's a roundup of what these money managers consider to be the best investments in the industry.
