Global stocks rose again Monday, for the fifth consecutive session, lifted by hopes that the U.S. economic downturn may be bottoming out and with investors seeking to take advantage of cheaper stocks.
Cramer looks at the defense, natural gas, coal and utility sectors through a White House prism.
Government bonds rose across the board on Monday after HSBC launched Britain's biggest-ever rights issue, of $17.75 billion, to shore up its balance sheet after reporting an 18 percent fall in adjusted pretax profit for 2008 and cut its dividend.
Stocks spent the last day of the week in the red Friday, dragged lower by nagging fears about the global economy and financial system. Experts tell CNBC that the dollar and bonds show short-term opportunities during the market volatility.
Market volatility has eased somewhat from last quarter’s peak where we saw the VIX, or more popularly known as the “fear index”, hit an all time high of 89.53. Investors fled to safe havens like cash and Treasurys, driving down the yield on three-month T-bills to under zero percent at a point!
Friday the 13th proved lucky for global stocks as the spent the day in the green. Financials lead the gains on news of a US subsidy plan for mortgage payments. The improved mood among investors comes ahead of this weekend's G7 meeting of financial leaders.
Global stocks spent another day in the red Thursday as investors questioned whether the $789 billion US stimulus package will restart the economy.
Global stocks were lower Wednesday as investors were disappointed by the lack of clarity in new US Treasury Secretary Timothy Geithner's financial rescue plan. Experts tell CNBC that during the economic slowdown and market uncertainty, the bond market is the place to invest.
Stocks and financials fell, while Treasuries and gold jumped at the exact moment Geithner hit the podium. For trading strategies in the wake of this mess, tune to FM tonight.
Investors will have to short government bonds at some point despite their current attraction, as the amount of debt issued is "staggering" and inflation risks are down the road, Jim Rogers, CEO of Jim Rogers Holdings, told CNBC Tuesday.
A 4-day rally in the S&P 500 and the NASDAQ, the first 4-day rally since the end of November (Dow only up 3 days in a row). The S&P has rallied 5 percent in that period.
The Fed issued a long statement that clearly indicated their policies would be fluid. There was a little bit for everyone in the statement who wanted an aggressive Fed, and some for those who wanted a more conservative Fed.
In late breaking news Steve Liesman reveals that the Treasury could set up a bad bank -- as soon as next week!