LONDON, Oct 10- Stuart Rose, former boss of the Marks and Spencer store chain and one of Britain's best-known businessmen, will head the campaign to keep the country in the European Union, the "In Campaign" said as it prepared to launch its bid on Monday. "I believe that Britain is stronger in Europe," Rose, who currently chairs online supermarket Ocado and also...» Read More
Friday's disappointing June jobs number was the latest in a series of downbeat economic reports that have some economists looking to downgrade their growth forecasts to even more sluggish levels.
If the European banks get credible stress tests and people believe in them, there will be "earning power," H. Rodgin Cohen said, adding, "once there is credibility, you can raise capital."
The flattening of the yield curve has been the worst kind, because it has been a “bull flattening,” which is a flattening that occurs amid a decline in market interest rates on both ends of the yield curve. In contrast, a “bear flattening” occurs amid an increase in market interest rates.
The June jobs report Friday could provide more fuel for bears, even as economists hold onto the view that the economy is not double-dipping.
At least I'm hoping there is no double dip. Data on capital investment and personal income has been encouraging but I think we are in a bearish frame of mind so that gets somewhat ignored. The negative gets emphasized when your mind set is that way.
Markets are looking ahead to Friday's June employment report, and there is little optimism the number will show anything more than a slight gain.
With the two year Treasury bond trading below .6% at one point on Tuesday (a record low) and the 10 year Treasury below 3%...market is screaming the world economy is slowing, slowing, slowing.
Call it window 'undressing.' Stocks took a beating in the second quarter, and the final days are bringing out the worst.
Stocks took a real drubbing today, with the Dow off 268 points and the major indexes basically falling 3 percent. Call it the double-dip trade. But are we really heading for a double-dip recession?
The G-20 is full of nutso coaches. Not to belabor the point, but their manifesto at the end of the conference this past weekend was to promote "growth friendly budget cutting." Right.
Even with the EU bailout, giving Greece 3-years of breathing room, the market is saying something is not right and that Greece will not be able to avoid some sort of debt restructuring.
The banking crisis is not over and the global economic recovery is far from guaranteed, according to Danny Gabay, a director at Fathom Consulting in London.
The key factor for the stock market in coming months will be the pace at which the global economy slows, Philippe Gijsels, head of research at BNP Paribas Fortis Global Markets, told CNBC Monday.
I was hoping we could forget about the Club Med countries for a while. China's currency, the G20 Toronto meeting, and the sacking of McChrystal pushed Greece off the front page.
Those expecting a double-dip recession and a stock market crash will be disappointed, according to Credit Suisse analysts.
The Russell indexes rebalancing and approaching quarter end could influence the direction of stocks Friday.
European companies that export their goods are sure bets for investing, two fund managers told CNBC Thursday.
Shockingly bad housing data this week, and now the Fed's downgrade of the economy could ramp up market anxiety with each new economic report.
More disappointing economic news sapped stock prices Tuesday, making the Fed's comment on the economy Wednesday a bigger event than it might otherwise have been.
The move by China to allow a more flexible exchange rate for its currency shows that the danger of a double-dip recession is remote, Bob Doll, BlackRock vice chairman, told CNBC Monday.