By Keith Fitz-Gerald Contributing Editor For months we've heard nothing but great things about ethanol. And true to form, the experts here at Money Morning have ignored most of the resultant investor buzz. The truth is that ethanol's a farce and we're our own worst enemy when it comes to refining the technology anyway – […]
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North of the Border: Eight Ways to Profit From the Canadian Dollar and the Commodities Boom
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Canada's economy is on a roll and its underlying strength is primarily a commodities story. The main protagonists are uranium and oil, says Jody Clarke in a two-part series from our U.K. affiliate, MoneyWeek Magazine. Those commodities and more are causing investors to see green in the Great White North. [Editors Note: The First of […]
Three Ways to Profit From the Mining Sector's Takeover Boom
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By Martin Hutchinson Contributing Editor If you bought Rio Tinto PLC (RTP) following my recommendation in November's Money Map Report, you've made out quite nicely. The stock is up about 30% since my recommendation on the news of the $153 billion takeover bid by Australian minerals giant BHP-Billiton Ltd. (BHP). Now the question is: should […]
How to Profit from Canada's Commodity Boom
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Canada's economy is on a roll and its underlying strength is primarily a commodities story. The main protagonists are uranium and oil, says Jody Clarke in a two-part series from our U.K. affiliate, MoneyWeek Magazine.Those commodities and more are causing investors to see green in the Great White North. [Editors Note: The First of Two […]
Breather or Bear Market? Gold Bulls Stumble in Trading Yesterday
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By Mike Caggeso Associate Editor Nearly every U.S. consumer is feeling the continuous slow burn from this summer's credit rout. If it didn't devalue their home or stocks, it trickled into the higher costs at grocery stores and gas stations in the form of rising commodity prices and a weakening dollar. These credit-induced pains can […]
The Week That Was: Team Bernanke and Interest Rates Have U.S. Economy Headed in the Wrong Direction
By William Patalon III Managing Editor Money Morning Where is Paul Volcker when you need him? The U.S. economy is between the proverbial rock and a hard place. And the U.S. Federal Reserve under chairmen Alan Greenspan and Ben S. Bernanke has played a big part in putting us there. But it's Bernanke's actions that […]
Goldman Sachs, India Expert Rahemtulla Both Predict a Stronger Indian Rupee, See Investment Opportunities
By William Patalon III Managing Editor Money Morning Goldman Sachs Group Inc. (GS) says it expects the Indian rupee to appreciate to 38 Rupees versus the U.S. dollar over the next 12 months, a currency move fueled by both strong economic fundamentals and an increasing inflow of foreign capital. The Rupee was trading at 39.15 […]
Uncertainty Continues to Plague U.S. Financial Markets
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By William Patalon III Managing Editor Money Morning Back in early October, after global banking giants Citigroup Inc. (C) and UBS AG (UBS) both announced massive write-downs, housing stocks soared and the Dow Jones Industrial Average rocketed to a record high over 14,000. Investors concluded that the global credit crunch had been fully “defined,” meaning […]
Third-Quarter Earnings Seesawed By Commodity Spikes, Credit Woes, International Growth
By Mike Caggeso Associate Editor When Caterpillar Inc. (CAT) reported its third-quarter financial results earlier this month, the heavy-equipment giant was able to report record sales and profits – despite an 11% plunge in its U.S. revenue. Its knight in black-and-yellow armor: Soaring overseas sales. "The industries we serve are becoming increasingly global, and the […]
How to Get "Asian-Sized" Returns in Europe
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By Martin Hutchinson Director of Global Investing Research Free-market U.S. conservatives like to talk about "old Europe." They tell stories about the sclerotic EU bureaucracy, the intransigent French unions, and the rigid German banking system. Problem is, they ignore the really interesting Europe. The Europe that is growing rapidly. The Europe with soaring productivity, low […]
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