Stocks are trading on fear, so by definition much of this action is irrational; bonds now look extremely expensive and stocks look cheap on a relative basis.
The downgrade will have a far more serious affect on China than just eroding the value of its reserves, but there are no easy solutions. The most serious problem in the short term is inflation, which will get worse as investors shift away from U.S. dollars and into commodities.
China has become known as the epicenter for a wide variety of counterfeit consumer products, but a trend has emerged over the past few years of faking full retail operations.
This has been a horrendous period to own stocks thanks to the drama surrounding the debt deal, Cramer said, but he sees opportunity once the deal is done.
The week's top business news and investment advice, including debt bets and commodities plays.
After the worst week for stocks in a year, should you hold your nose and buy? Will you kick yourself later if you don't pull the trigger, now?
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
”I wouldn’t go piling into Starbucks at $41,” says trader Guy Adami. That’s his gut reaction after the stock popped in extended trade on better than expected earnings.
Stocks reversed course in the final hour of trading to end lower Thursday amid thin volume as investors nervously awaited a key vote on a bill to cut the U.S. deficit in Congress this evening.
Stocks declined in the final hour of trading Thursday amid thin volume as investors nervously awaited a key vote on a bill to cut the U.S. deficit in Congress this evening.
With Brazil's stock market trading in bear territory, is the global growth engine - otherwise known as the BRIC nations - starting to sputter out?
The Fast Money traders weigh in on coffee trades, and plays on stocks set to pop or drop.
It's not so much the company...it's the sector and a desperate grab for alpha (outperformance). I've been asked why a tea company, which yesterday was pricing 7.14 million shares at $13-$15, priced at $17, and opened at $28.95 (!). Here's the answer...
Stocks added to gains Thursday, led by techs, after a handful of positive economic news and ahead of a key vote on a bill to cut the U.S. deficit in Congress.
Americans' craving for coffee is growing and that should mean a boost for Starbucks, UBS senior analyst David Palmer told CNBC Thursday. "One thing about coffee in this country is, behavior is shifting," he said. People are "moving toward the good stuff."
The coffee battle just got a bit more competitive as Dunkin Brands debuted on the Nasdaq. Insight on what the Street is expecting, with David Palmer, UBS senior restaurant/packaged food analyst.
Another product scandal has hit China. But instead of exporting tainted products to America such as when unscrupulous executives sent foul-smelling drywall destined for homes in Florida or produced lead coated toys for Mattel, this time Chinese executives allegedly have been bilking their own countrymen.
See what's happening, who's talking and what will be making headlines on Thursday's Squawk on the Street.
CEO Travis on Dunkin' Donuts IPO, franchise model, profitability and competition.
Shares of Dunkin' Brands soared more than 33 percent in their debut Wednesday, and are now up over 40 percent amid strong investor demand.