You can’t blame investors for feeling slightly queasy about the U.S. stock market these days. One day of relatively positive data points is followed by a day with enough bad news to keep a stock investor up at night. But based on a condensed, cross-methodological analysis, in which direction is the Dow likely to head in the next six months?
Joseph Lazzaro
Aug 23, 2011
China's factory sector is likely to slow slightly for a second consecutive month in August as sluggish overseas demand saps new orders, HSBC's China Flash PMI indicated Tuesday.
IBT Staff Reporter
Aug 23, 2011
Pimco's Bill Gross says a new recession in the U.S. is likely. Gross is manager of the world's largest bond fund. He says the decline in U.S. Treasury yields to 60-year lows reflects a high probability of a new recession, or a double-dip, in America.
David Magee
Aug 22, 2011
Spend now and hire, if needed, adjust entitlement formulas later: that's what PIMCO's Bill Gross, the head of the world's largest bond fund, is recommending to get the U.S. economy moving again.
Joseph Lazzaro
Aug 22, 2011
Economist Kevin Depew lists five important things to look for leading up to this week’s Fed conference.
IBT Staff Reporter
Aug 22, 2011
The CEO of Harmony Gold, the world's fifth largest gold producer, said reported plans to shift mineral ownership in Papua New Guinea to local communities from the state would complicate negotiations but nationalisation was not being discussed.
IBT Staff Reporter
Aug 22, 2011
The unemployment rate rose in more than half of the nation's states in July, as the slowdown in economic growth prompted companies to take a wait-and-see stance regarding new hires. The major period of lay-offs appears to be over, but the hiring has not resumed en masse, which has kept the nation's unemployment rate stubbornly high at 9.1 percent,
Joseph Lazzaro
Aug 22, 2011
With the U.S. recovery having slowed considerably, and Europe debt woes persisting, investors will look to Fed Chairman Ben Bernanke's Jackson Hole, Wyo. speech later this week to provide clues regarding the central bank's evaluation of the economy, and at what point it thinks additional stimulus would be needed.
Joseph Lazzaro
Aug 22, 2011
A hint of QE3 could usher in a very explosive global equity rally.
Palash Ghosh
Aug 21, 2011
Economist Nouriel Dr. Doom Roubini, the NYU professor who 4 years ago accurately predicted the global financial crisis, said U.S./Europe policy makers must invest in a new, smarter social safety net to restore a balance between the free market and public goods. If it doesn’t occur, a systemic flaw will, at minimum, continue to hinder economic recovery.
Joseph Lazzaro
Aug 20, 2011
To say it's been a discomforting summer for U.S. stock investors would be an understatement. The Dow has been on a wild ride, with large market drops followed by sudden reversals. Look for market choppiness to continue until investors determine whether the Fed's latest monetary policy decision will be enough to rev-up U.S. GDP growth.
Joseph Lazzaro
Aug 20, 2011
It goes without saying that a civilization and society as complex as the United States would have its share of myths and misnomers, so let's take a moment to dispel a few.
Joseph Lazzaro
Aug 19, 2011
It goes without saying that a civilization and society as complex as the United States would have its share of myths and misnomers, so let's take a moment to dispel a few.
Joseph Lazzaro
Aug 19, 2011
Asian stocks tumbled as much as 4 percent on Friday on growing fears that the U.S. economy was sliding into recession and as some European lenders faced short-term funding strains, raising fears of a systemic banking crisis on the continent.
IBT Staff Reporter
Aug 18, 2011
We must not lose sight that Treasury yields have been artificially lowered by the massive buying program of the Federal Reserve associated with QE2.
Palash Ghosh
Aug 18, 2011
Politicians and lawyers are coming to the defense of Anna Hazare, who was arrested under uncertain circumstances Tuesday.
Daniel Tovrov
Aug 17, 2011
74 percent of Indians think corruption has increased in last three years
Palash Ghosh
Aug 17, 2011
The details are sketchy about President Barack Obama's September jobs speech, but one thing is certain: as economic manager, Obama must increase job growth substantially in the next nine months to help the millions of Americans who are unemployed find jobs, to strengthen the economy, and to save his presidency.
Joseph Lazzaro
Aug 17, 2011
The arrest of 74-year-old Anna Hazare and the crackdown on the peaceful protest against the tooth-less anti-corruption bill by the Indian government might boomerang against the already troubled government.
Shailesh Shrivastava
Aug 17, 2011
South America has a right to beef up its armed forces but is not in an arms race, Brazil's defense minister said on Monday
Daniel Tovrov
Aug 17, 2011
South Africa's rand fell as much as 1.9 percent against the dollar on Tuesday, weighed down by a weak growth outlook for the country's main trading partner bloc and showing the worst performance among its emerging market peers.
Jack Kim
Aug 16, 2011
Unions representing more than 1 million South Africa state workers said on Tuesday they had reached a wage increase deal with the government to avert a mass strike that could have slowed Africa's largest economy.
IBT Staff Reporter
Aug 16, 2011