BRUSSELS, Nov 26- The European Union executive arm warned Italy, France and Belgium that their large public debts and low potential growth make them vulnerable to economic shocks, the European Commission said on Thursday. "The combination of large stocks of public debt and a declining trend in potential growth or competitiveness is a source of concerns in a...» Read More
The recovery will continue to be steady, but “sluggish and choppy” with a 1 ½ percent growth rate, and unemployment will remain high, at between 9 and 10 percent, for the next 18 months, Jan Hatzius, chief US economist of Goldman Sachs, told CNBC Tuesday.
The euro is barely intact, and rescuing the banks only worsened the financial crisis, Roger Nightingale, strategist at Pointon York, told CNBC on Tuesday.
Stocks will navigate choppy waters in the week ahead, but could sail a bit more smoothly—barring any nasty, new surprises from Europe.
Portugal raised about 1.5 billion euros yesterday and Spain 3.9 billion euros today in auctions that were surprisingly oversubscribed.
If so, that’s one thing that could push this market higher.
Contrarian traders are contemplating going long the Euro, which has been the market’s punching bag for the last month and one of the most successful shorts for hedged funds since housing.
Investors looking for clues about the markets cannot help but notice that gold is making another record high and that stocks are continuing to struggle.
The euro hit an all-time low versus the Swiss franc Tuesday, after hitting a 4-year low against the dollar the previous day. The single currency recovered in morning trade but fell back against the greenback in early afternoon, and analysts say it will remain volatile. Check out what the pros have to say.
The weakening euro could continue to strong-arm markets in the week ahead, as investors worry about contagion from Europe's sovereign debt crisis and the potential for a bigger setback in the U.S. economic recovery.
Here are six plays to protect you in these volatile times.
If the economy keeps growing at 3 percent the balance of 2010, demand for new capacity—improved rental housing, better located new homes, and commercial construction for retail and factory improvements—should accelerate in 2011.
Cramer has a six-point plan to help the bank withstand any contagion Europe has to offer.
Remember April 2009 when the G20 met in London? Gordon Brown was hosting world leaders and claiming he had saved the world while protests brought large parts of the UK capital to a halt.
Coordinated liquidity measures and quantitative easing may have to return and banks could take another hit to their balance sheet because of the sovereign debt problems in the euro zone, according to Ashok Shah, the CIO at London & Capital.
Whatever you’re thinking, just know that Wednesday’s move doesn’t qualify.
Investors are playing the markets carefully during these volatile conditions but stocks will resume their way up once the wave of international bad news subsides, Robert Doll, BlackRock vice chairman, told CNBC Wednesday.
It is noteworthy that the BP oil explosion occurred on April 20. Three days later, on April 23, the market peaked. Is this is a coincidence? Or is Mr. Market telling us something that we do not yet fathom?
Wall Street may finally shift its focus back to the U.S. economy, after weeks of zeroing in on problems in the euro zone. The big report of the week? Friday's May employment number, which could be a game-changer.
Are we to believe that Obama will rescind the excess appropriations? Hardly. And since pay-go is dead, most of this new spending will not be offset. It will add to deficits and debt. It’s the Greek disease. The welfare state run amok. Right here at home.
Plus, get calls on Europe, dividend stocks, the banks and more.