|
|
Because of lackluster stock returns, rock-bottom interest rates and aging baby boomers hungry for income, investors are rightfully focusing on stocks with a high and rising dividend record. This is why the timing of Marc Lichtenfeld’s new book Read more…
Jim Trippon: The People’s Bank of China, China’s central bank, followed its surprise benchmark interest rate cut of last month with another cut on July 5th, as it lopped 31 basis points off its lending rate and dropped it to 6 percent. The benchmark rate had stood Read more…
Michael Johnston: Earlier this week, the ETF Industry Association released its June 30 batch of ETF data, providing an interesting snapshot of this fast-growing industry. It should come as no surprise that ETF assets continue to surge; the industry is quickly closing Read more…
Jim Trippon: With the latest official data just released, China continues to show slower economic growth. The Purchasing Managers’ Index fell to 50.2 in June from 50.4 in May, which was its weakest reading in more than half a year. The index measures manufacturing data, Read more…
Jim Trippon: On the last trading day in June, the Shanghai Composite Index rose smartly with a 29.59 point surge to hit 2,25.43. The 1.35 percent increase on the day for the trading average was a bit of good news in a market that has been desultory for much Read more…
Chris Ciovacco: To the casual observer, the announcements made late last week in Europe may appear to be just another in a series of “do the minimal to get by” moves by policymakers. In reality, Germany moved off their hard-line stance, which may mark a watershed Read more…
Michael Johnston: As we approach the halfway point of 2012, we are on track for yet another period of tremendous growth for the lineup of ETFs. More than a hundred new funds have begun Read more…
Sean Brodrick: We know that China’s central government is worried about its nation’s economy. In early June, China’s central bank surprised markets by cutting interest rates for the first time since 2008 to combat faltering growth. Read more…
Eric Dutram: Sometimes, the line between developed and emerging markets is razor thin. This has especially been the case for two of Asia’s largest economies; Taiwan and South Korea. Read more…
Jim Trippon: Many in the markets read China’s benchmark interest rate cut of last week as a signal that the upcoming release of May data would highlight further slowing in the economy. The National Bureau of Statistics released some of the May data on Saturday, Read more…
Jim Trippon: China’s central bank, The People’s Bank of China, cut the one-year borrowing interest rate 25 basis points, from 6.56 percent to 6.31 percent, on Thursday, June 7th. Along with this cut, the central bank cut the one year deposit rate also by 25 basis points, to 3.25 percent. Read more…
Chris Ciovacco: The markets made some progress last week based mainly on speculation a bailout for Spanish banks was coming soon. A June 9 story from the Wall Street Journal confirms the high probability of a bailout-related statement before Asia opens on Sunday night: Read more…
Jim Trippon: News last Thursday that China’s economy slowed for the seventh consecutive month came from the HSBC Markit Purchasing Managers Index Report. The flash reading for May was 48.7 compared to the 49.3 final reading from April. Read more…
Michael Snyder: Just because you were once the most powerful nation on earth does not mean that you will always be the most powerful nation on earth. Every single year, hundreds of billions of dollars leaves the United States and goes to China (NYSEARCA:FXI). This enormous transfer of wealth Read more…
Most Comments