The market’s big swings are still going strong. Last week the Dow Jones industrial average ended in the negative for the fourth week in a row, as jilted investors continued to pull billions of dollars out of stocks to wait out the storm. The volatile dips are likely to continue, since major threats to the market still loom, which many …
Stocks, they are a’ tumbling…again. Asian markets plummeted overnight, after the Dow Jones Industrial Average closed down 3.7% Thursday. The question on everyone’s mind: is this really the start of a new recession, or is the market oversold?
The fact is, even the world’s savviest investors don’t seem to know how to play the latest …
Updated Aug. 17, 11pm EDT
Yesterday’s viral video of Texas Governor Rick Perry deriding the Fed is getting a lot of play. The new presidential candidate seems to think our wily central bank is plotting the country’s demise through “money printing” policies that “play politics” and are practically “treasonous.” Let’s move past the part …
As if Europe doesn’t already have it bad enough, here comes some more foul news: Germany’s growth, widely considered to be the saving grace of the flailing eurozone, is grinding to a halt. The question is what that means for struggling Europe and the global recovery.
Only a year ago, the region’s biggest economy seemed to be powering …
Will U.S. consumers make the comeback we need to stave off another recession? That’s a question markets and economists have been pondering ever since the Fed announced it would keep interest rates low until mid-2013. The Fed’s pledge aimed to pump up borrowing and spending to egg on much-needed U.S. growth. But with consumer confidence …
This global equity snapshot by Bloomberg’s Michael McDonough is a great way to step back from all the crazy market gyrations and give your stomach a break (hat tip Felix Salmon). I’m not saying the daily churn is going away (in fact, I think just the opposite). But in the grand scheme of things, our stock markets are still faring better …
It’s been a rough couple of weeks for the global economy, and the markets have been torn asunder. On Monday, the VIX – a measure of the implied volatility in the stock market – shot up to its highest level since the depths of the 2008-09 financial crisis, up 50% to 48. Tuesday it dropped 27%, the biggest one-day drop in history. …
With the plunge in global markets coming on the heels of the U.S.’s credit downgrade, it seems like the world’s financial problems all trace back to the U.S. But in reality, the eurozone debt crisis is the real time bomb fueling global anxieties. “Europe is about to blow. There is no longer any question of standing still or hoping the …
The market tumult in recent weeks has inspired some pretty dire readings of the U.S. economy’s future. With the country’s anemic growth prospects back in the spotlight after a jolting credit downgrade, the biggest concern now is that neither Washington nor the Federal Reserve has the ammunition to reverse what feels like a bottomless …
Updated Aug. 9, 9pm EDT
The Federal Reserve’s much awaited statement following its August meeting offered some solace to jittery investors. The FOMC said it would likely keep interest rates steady for the next two years, which bolstered the market after an initial negative reaction. But it committed nothing in the way of new funding …
I’ve argued that U.S. borrowing rates will continue sitting pretty, despite the cascade of debt downgrades this country appears to have in store. That’s because when it comes to investments considered to be “safe havens,” there are few other places global investors can go. But here’s another reason looming downgrades aren’t likely to …
The debt deal out of Washington may have averted a big sell-off of U.S. Treasury bonds. But even though big Treasury holders like China and Japan haven’t run for the hills, the response of foreign countries to the deal has been pretty tepid. Russian Prime Minister Vladimir Putin, for one, said the deal was “not that great overall …
