The stock market is showing real strength at this time. A lot of stocks that were hit hard during the market's recent correction are fighting back and making good progress in their share prices. Consider Caterpillar Inc. (NYSE/CAT), which is an important benchmark stock to follow. The company's second quarter came in slightly below expectations, then the market began to correct. The stock was around $112.00 and dropped like a stone to $82.00 per share.
Expert Author: Michael Lombardi
There's an organization that's been around for about 235 years. It's more like a business today, taking in money and paying its bills. After World War II, this business really got into high gear. It started exporting its goods all over the world. It actually lent money to its trading partners. Business was booming. But then something happened. The business got too big. Too many managers were hired with their own agenda. The business started paying its people too much. Its trading partners caught on quickly, as they saw the big business getting bloated, and the trading partners started making their own goods.
Expert Author: George Leong
If you think we have it bad here, just take a glance at Europe, where investing in stocks has become a chore full of patient and sleepless nights. In Germany, the most significant country in the eurozone, the benchmark DAX is down over 25 per cent since late July. Just in one month! Things do not look promising.
It's difficult in this economy to come across businesses that are not just doing well, but also doing really well at a time when traditional industry and the services sector are slow. Yet, they're out there and it's only because most people don't see the products that they don't notice. What sector is Mitchell talking about?
Expert Author: Michael Lombardi
Let's call a spade a spade. In the aftermath of our economic crisis, the U.S. government and Federal Reserve pulled out all the stops. God bless our politicians and our government. Not knowing what to do, most having never been in the situation before, once the U.S. economy collapsed in 2008 our government threw all kinds of money at the economy. They bailed out companies, they bailed out Wall Street, they saved the banks, and they tried desperately to create jobs.
I think it's fair to conclude that all the economy's bad news is now priced into the stock market. The vast majority of stocks have been hit hard in the recent correction and there is a lot of good value out there. But, we know that investor sentiment isn't strong and, in order for stocks to advance in a meaningful way, a new catalyst is required. It isn't reasonable to expect that the economic data are going to improve significantly in the near term, so we can't expect a new catalyst from there. The only thing I see as being able to move equities higher over the near term is earnings. The Federal Reserve already has interest rates about as low as they can go. There isn't much more the central bank can do.
For about 50 years, the 10-year U.S. Treasury never traded below a yield of two percent. This past Thursday morning, the yield of the world's most popular government bond hit 1.99 per cent for the first time in more than 50 years. But half a century ago, the U.S. was a very different country than it is today. It had won World War II. Manufacturing and housing in the U.S. was booming. It was a creditor nation (countries borrowed money from us.). Fifty years later, America is the world's biggest debtor nation. Some say we face a debt crisis. But investors still run to our bonds. Why?
The credit crisis in the U.S. and globally is growing by the day. It's the same thing as being able to service a credit card with a large outstanding balance. As soon as the ability to service this debt comes into question, the problem starts to get worse exponentially. The spot price of gold is now well above $1,800 an ounce and gold stocks are reaping the benefits. Right now, the stock market is experiencing a crisis of confidence-not in the ability of corporations to generate earnings, but in the macro sense of country economies, debt and deficits. The global debt crisis is just that-a crisis-and it's been building up for years.
Forty years ago today, U.S. President Richard Nixon appearedon television to tell the world that the U.S. was severing the relationship between gold bullion and the U.S. dollar. Back in 1944, in a historic agreement reached in Bretton Woods, New Hampshire, the U.S. government agreed to redeem U.S. dollars for gold bullion at the rate of $35.00 U.S. for one ounce of gold for the central banks of foreign countries.
Expert Author: Aftab Ahmed
There are dozens of companies that provide legal financing in the United States and abroad. Legal financing can be used by both the plaintiff and the attorney. If you are considering borrowing against your lawsuit, it will be imperative you understand the different types of options. There are no two companies alike as many prefer different types of cases, different rates, and different financing options at different amounts. In this article we will discuss the different types of cases, different rates, amounts and financing options.
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