The shockwaves from the Chinese markets' total meltdown are rippling through the "globalized" markets right now.
Clearly, they've got American investors scared, too. It's easy to see why...
The markets seem to be in unknown territory with China, but, as you'll see, there's really no mystery to what has happened - and what will follow.
The shockwaves from the Chinese markets' total meltdown are rippling through the "globalized" markets right now.
Clearly, they've got American investors scared, too. It's easy to see why...
The markets seem to be in unknown territory with China, but, as you'll see, there's really no mystery to what has happened - and what will follow.
The overall U.S. stock market stock turned in muted returns in Q2 2015.
A handful of stocks, however, posted blistering gains.
Seeking out major trends and power shifts in the global economy is a part of my work that I enjoy most.
It's a lot of work, and needless to say, it involves constant research.
That's why a piece I recently read in Foreign Affairs absolutely shocked me...
The piece is a bit revolutionary, as its authors speak to a drastically different way of stimulating an ailing economy than the path we're on today.
Stock market news today, Aug. 15, 2014: U.S. stock futures today (Friday) were up premarket. Dow Jones futures gained 46 points (0.28%), S&P futures were up 4.75 points (0.24%), and Nasdaq futures were up 13.5 points (0.34%).
Global aviation manufacturer The Boeing Company (NYSE: BA) helped carry the market last session, gaining 1.7% on news that its demand for commercial jets was strengthening this quarter.
Here are the top stories coming up in the stock market today...
Stock market news today, August 14, 2014: Dow Jones futures were up 17 points (0.10%) this morning (Thursday) following U.S. stocks' rally in the last trading session. Nasdaq 100 futures and S&P 500 futures were also both in the green. Yesterday, the S&P 500 Index saw a strong afternoon of trading, with all 10 of its sector indices making gains. The index is now roughly 2% below its all-time high registered back in July.
But it wasn't all good stock market news - reduced consumer spending figures for July had an adverse effect on retail, and Brent oil prices jumped back from their 13-month low.
Here’s a roundup of the top stories ahead in the stock market today…
In another sign that the U.S. economy is not as healthy as some in Washington would have you believe, the Bureau of Labor Statistics (BLS) has reported that the labor participation rate among youth aged 16 to 19 in February was a paltry 32.9%.
"The difference between 3% growth in the economy per year versus 2% isn't a 1% slower decline, it's a 33% slower decline, and you're really seeing these numbers add up," said Money Morning Defense & Tech Specialist Michael Robinson on FOX Business' "Varney & Co."
In this video, Michael discusses this troubling trend and offers some suggestions for how Americans can deal with it.
Get ready. There's more trouble ahead for home buyers, home builders, and especially homeowners who took out home-equity lines of credit before the housing crisis. Those heydays have turned into haymakers.
What's already started to happen might not only knock out the formerly aspiring but now petering-out housing recovery, but also might knock the already weak economy to the ground.
Back in the good old days, when banks and mortgage shops were selling mortgage money and home-equity credit lines like carnival barkers wowing crowds into the big top, millions of homeowners stepped right in.
That circus tent was nothing but a trap, however. And now I'm going to tell you what that trap means for those borrowers - and the rest of the economy... Full Story
The fourth securitization deal of big investor-owned single-family homes for rent is here.
Is this just another Wall Street gamble that will wreck the economy again, or is this time different?
You be the judge.
I'll tell you where I stand...
The numbers are in. And they are ugly...
Based on preliminary first-quarter data, U.S. GDP (gross domestic product) growth is 0.1%.
That's not much.
But then again what do you expect for $3.4 trillion dollars of Federal Reserve spending to boost the economy?
So the question is, how is it possible that we've got nonexistent economic growth, or worse, negative growth and possibly another recession looming, when the Federal Reserve since September 2008 has spent $3.4 trillion to prime the economic pump?
This could push the whole economy past the brink... Full Story
Storage has long been one of energy's biggest "Holy Grails." It holds the key to every significant move into smart grids.
The reason is pretty simple: If energy cannot be stored, it is lost. Even transferring it from one type of energy to another is of little consequence unless you can reverse the erosion in the entire system.
It's called entropy, and it's a pervasive problem.
Now, there are a number of rather complicated ways to explain this, but let's keep ours straightforward. Over time, a system ends up having more energy than can be readily used. This is always the biggest drain on any attempt to structure a more efficient approach.
So the basic question becomes how to "save" all of this energy from being lost.
That's what's at the center of a breakthrough project I came across yesterday...
The highly anticipated March jobs report out today supported what U.S. Federal Reserve Chair Janet Yellen said earlier this week: The job market is not back to normal and the Fed has more to do on the unemployment front. This morning, the U.S. government announced that the economy barely missed expectations of 200,000 new jobs […]To continue reading click here...
Last week the Dow fell 200 points when Federal Reserve Chair Janet Yellen dared to suggest a timetable for raising interest rates.
But then it recovered and ended down only 114 points on the day.
What stands out most from the Janet Yellen testimony Thursday to the Senate Banking Committee is that her remarks mirrored comments made on Feb. 11 in her first monetary policy testimony to a House panel.
Speaking on Capitol Hill about the Semiannual Monetary Report, Yellen repeated that the central bank is likely to maintain its approach of progressively trimming asset purchases. The taper will continue even as policy makers monitor data to determine if the recent spate of soft economy data is temporary or something more serious.
To continue reading, please click here...
On Tuesday morning, the U.S. Department of Agriculture (USDA) announced it will provide $3 million to help the one animal that will make or break U.S. food prices: bees.
Commercial honeybees pollinate an estimated $15 billion worth of the nation's agricultural produce each year, as reported by The Associated Press on Tuesday. Bees and other pollinators account for one out of every three bites of food Americans consume.
To continue reading, please click here...
Today's stock market news, Feb. 18, 2014: The Dow Jones Industrial Average rose 126.80 points on Friday to finish at 16,154.39. While the S&P 500 and Nasdaq were flat. With several prominent firms reporting earnings this morning, pre-market trading and the futures are relatively quiet.
So what’s next? Here's what's happening in today’s stock market.
