World white sugar prices reached record levels on Aug. 10, largely because of booming demand in India where the government has lifted a ban on imports. Oil prices continue to hover around $70 a barrel, and gold is in the mid-$900 range. Meanwhile the CRB Continuous Commodity Price Index has surged to a level 30% […]
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The Sure-Fire Job Interview Strategy
[Editor's Note: This two-part story is the latest installment in an ongoing series that highlights unique career strategies for navigating the jobless recovery. Part II appears tomorrow (Friday).] Congratulations. You just got the call, or the e-mail, confirming that you've been selected to interview for that new job that you want so badly. You've just […]
It's Probably Not Another "Bin Laden Trade," But This Massive Mystery Options Play Hints at a Bearish End to 2009
With the Standard & Poor's 500 Index up 47% from the lows it reached in March, many investors are feeling intense relief. But with one or more institutional traders making bets that suggest a bearish end to 2009, the question becomes: How do you read this information and what do you do about it? I'm […]
With One of the Hottest Economies on the Planet Brazil is Finally Living Up to Its Promise
Brazilians used to joke that their country was the country of the future – and always would be because a new crisis seemed to crop up every time the economy came close to fulfilling its potential. But given the economy's strong performance following the financial meltdown that crushed economies the world over, it looks like […]
How the Economic Rebound and China's Emergence Will Help Create a $300 Trillion Profit Opportunity For Investors
By William Patalon III Executive Editor Money Morning/The Money Map Report What's the name of the world's best-selling beer? Hint: It's not Budweiser. And it's not Bud Light. It's called Snow Beer, and I'll wager that most U.S. investors haven't even heard of it before. If they haven't, it's not a surprise. You see, Snow […]
The Two Indicators That Show the Recession is Ending
By William Patalon III Executive Editor Money Morning/The Money Map Report Investors are being flooded with economic reports, many of them contradictory in nature. From that confusing gaggle, two indicators hint at an upbeat outcome: The torrid stock-market rally that’s been dominating headlines in recent weeks. And so-called “first-time jobless claims.” Let’s look at stock […]
With U.S. Consumers Now Uncertain and Unemployed, is Hope for a Quick Rebound Fading Away?
By Bob Blandeburgo Associate Editor Money Morning The U.S. stock market has staged one of the more impressive rallies in history this year, as “green shoots” of economic growth whetted investors appetite for risk. The Dow Jones Industrial Average is up more than 40% from mid-March, while the Standard & Poor’s 500 Index has soared […]
The Brewer’s Art: Beer Companies Quench Their Thirst For Growth by Tapping Into Emerging Markets
By Jason Simpkins Managing Editor Money Morning With sales volume plunging in Western markets, Molson Coors Brewing Co. (NYSE: TAP) and SABMiller PLC (OTC ADR: SBMRY) are tapping into emerging markets for refreshing growth. SABMiller, for instance, saw beer sales slump 7% in Europe and 0.8% in the United States, while Africa and Asia combined […]
With Its Economy Ignited by Stimulus Spending, China Is Leading the Global Recovery
By Jason Simpkins Managing Editor Money Morning China’s economy grew by 7.9% in the second quarter, exceeding most analysts’ expectations, and lending credence to Beijing’s goal of 8% annual growth. Now, with the nation awash in liquidity and the economy picking up steam, the only task ahead of the central government is deciding when to […]
Beware of the Obama Stimulus Trap
By Martin Hutchinson Contributing Editor Money Morning Upbeat headlines have been everywhere in recent weeks, and they all seem to point to a single conclusion: The U.S. economy is in the early stages of a very rapid recovery. In fact, when you peruse the news it’s difficult to come to any other conclusion. For instance: […]