US consumer sentiment rises in November: survey
U.S. consumer sentiment rose more than expected in November, boosted by stronger holiday sales, according to the Thomson Reuters/University of Michigan survey.
Silver outshining gold is old story, technicals project
A study on charts shows that silver may not continue to enjoy the status of being better investment alternative over gold in the short-to-medium-term period. And not only that, any correction in both the metals will happen with the white metal falling much steeper than its yellow counterpart.
QE2 officially begins
The much anticipated, talked about, and at times criticized program of the second round of quantitative easing has begun.
Reflation-driven rally may end in crash in a few years
Stocks, through quantitative easing, are pushed higher and into bubble territory. In a few years, the market could crash and fall as much as 50 percent, said Jeremy Grantham of GMO LLC.
More news
US trade deficit narrows, but stays high with China
Goods and services trade deficit in the U.S. narrowed in the month of September from the previous month, but still remained high with China, according to a report released by the U.S. Commerce Department.
China not too happy with Fed's QE2
China is not too pleased with America's plan to inject more capital into its economy in the form of a second round of quantitative easing.
Fed’s QE2 is a gamble, can lead to asset bubble: Top Indian official
The US Federal Reserve' s quantitative easing can lead to asset bubbles as the money goes in search of equity, property and other such assets in a low-interest rate scenario, said Kaushik Basu, chief economic advisor to India's finance minister.
Odds stacked against peripheral Europe
Peripheral Europe faces waning public demand because of austerity measures, conditions that make exports difficult, and a banking sector that has not recovered well from the financial crisis. All this comes at a time when recovery is still fragile and the risks of a double-dip recession are real.
US unemployment rate remains constant in Oct, nonfarm payrolls rise
Unemployment rate in the US remained constant for the third month in October, while nonfarm payroll employment rose more than expected, according to a report by the US Labor Department.
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