How to play geopolitical uncertainties, with John Rutledge, Safanad chief investment strategist; Abigail Doolittle, Peak Theories; and Zane Brown, Lord Abbett.» Read More
By and large, big blue-chip companies are executing well and have very strong balance sheets. In fact, the debt of several large-cap US multi-nationals is yielding less than like-duration US Treasury bonds. This is the first time in history this has happened.
Corporate earnings in the U.S. have largely been overshadowed by ongoing concerns over public debt in the European continent. But if one takes the time to look past events overseas and focus on earnings numbers from U.S. firms, most have surprised on the upside.
Stocks declined Wednesday as the euro got a boost from news that Greece was considering leaving the European Union.
Germany and France can't borrow or tax enough to cover all the debts of their southern neighbors.
With small-cap stocks thus far outperforming their large-cap counterparts off the market's lows, is now the time to invest in American blue chip companies?
While Goldman Sachs has legions of satisfied customers and maintains that it puts its clients first, it also sometimes appears to work against the interests of those same clients when opportunities to make trading profits off their financial troubles arise. The NYT reports.
Trader commentary is a bit incredulous this morning over what is going on in Germany. For example, the restrictions on naked short selling of CDS has no teeth because most CDS is traded out of London, and Germany has no jurisdiction there. Even the French aren't going along with this.
U.S. stock index futures pared their losses Wednesday after a report on consumer prices.
Hugh Hendry, the outspoken fund manager who runs Eclectica Asset Management in London, told CNBC he is betting China’s credit bubble is about to burst, causing another global crisis.
Germany's ban on kinds of naked short selling will have no effect on investors' ability to bet on declining prices, analysts told CNBC.
The financial sector will be at the crux of market worries Wednesday, as the U.S. Senate moves closer to a vote on banking reform and German regulators explain their surprise move to ban naked short-selling on a group of bank stocks and sovereign debt.
The SEC has released its Preliminary Report on the Market Events of May 6th. (151 pages. Thank you.) The report does not cite any single cause for the nearly 1,000 point drop in the Dow. Importantly, the SEC "found no evidence that these events were triggered by 'fat finger' errors, computer hacking, or terrorist activity, although we cannot completely rule out these possibilities." So what did cause the drop?
The SEC has released details of new rules on single stock circuit breakers. As expected, "trading in a stock would pause across U.S. equity markets for a five-minute period in the event that the stock experiences a 10 percent change in price over the preceding five minutes." The important phrase here..?
The price of regulation: From financial regulatory reform to a ban on naked short selling in some German stocks, the markets are reacting to the prospects of more regulation, lower growth, less risk, and a higher cost of capital.
The Dow tumbled over 100 points, or 1.1 percent, led by financials, as the dollar gained against the euro. Walmart was the lone gainer on the Dow. Oil ended below $70 for the first time this year.
As the Flash Crash in U.S. equity markets May 6 illustrated, problems in Greece can have grave consequences for not merely other Mediterranean economies and Europe, but U.S. and the broader global economy.
Financials were among the biggest sector losers last week. Is this a buying opportunity for investors or a sign to avoid the group? Tyler Dann, senior research analyst at Invesco, and Fred Cannon, co-director of research and chief equity strategist at KBW, discussed their insights.
Lots of cross-winds today, with much of the focus on Europe and the euro. While late-day news of a naked short selling ban on some German stocks, CDS and Euro-government bonds is getting a lot of attention, the main focus is the euro, which is again weak against the dollar and the yen, and has been all day.
Stocks continued to slide in choppy trading Tuesday as the dollar gained against the euro. Financials were the biggest drag after Germany issued a proposal to ban naked short-selling.
The anticipation of a sustained economic slowdown has brought the deflationary trade back into view and highlighted the need for good yields and relative safety.