Amid all the challenges facing the markets — Greece, Facebook, JPMorgan — investors face an even larger problem: They soon could be running out of safe havens for their money.
The euro zone debt crisis will continue to dominate European stocks in 2012, with even well-run companies in danger of being sucked into the morass, according to S&P Capital IQ.
Macau gaming stocks have fallen out of favor, with the major names sliding an average of 20 percent since the beginning of May on worries about a sharp slowdown in gambling revenues. But, according to analysts at Nomura, the correction may be close to an end and the recent drop could present an attractive buying opportunity.
Fixed-income investors are once again looking sage-like, as the latest eruption in the EU crisis ravages equities. Two of these funds are up more than 7 percent.
Wednesday, 23 May 2012 | Posted By:
| Source: CNBC.com
Stocks clawed back from steep losses to finish narrowly mixed Wednesday following several reports on the euro zone that helped soothe fears over the region's debt crisis.
Wednesday, 23 May 2012 | Posted By:
| Source: CNBC.com
Strong demand for Germany’s two-year bonds, which offer nothing in return, shows that opening Pandora’s Box in Europe has sapped investor confidence, Jim O'Neill, chairman at Goldman Sachs Asset Management told CNBC’s “Worldwide Exchange.”
US stock index futures pointed to a lower open on Wall Street on Wednesday as investor caution replaced hope of a resolution to the euro zone debt crisis ahead of a meeting of European Union leaders in Brussels.
China is rolling out sweeping brokerage reforms to nurture future global investment banks that officials hope could eventually compete with the likes of Goldman Sachs and Morgan Stanley, a regulatory document showed.
Claims by four of Wall Street's main market makers against Nasdaq over Facebook's botched IPO are likely to exceed $100 million, as they and other traders continue to deal with thousands of problems with customer orders.... Read More
Conflict-of-interest arguments are brewing about whether Morgan Stanley and other banks were allowed to make significant downward adjustments to Facebook's financial estimates during the deal's 9-day marketing period.... Read More