Bank Of America Presents 5 Bad Things That Could Soon Happen In Greece —...
BofA FX strategist Athanasios Vamvakidis is out with a new note titled Greece In The Next Few Weeks. Right now, the "base case" is that Greece hangs on. A successful conclusion of the review is our...
View ArticleThe 45 Stocks That Big Hedge Funds Love The Most
Research group Factset is out with its latest quarterly report on the equities exposure for the 50 largest hedge funds. They found that 45 of 50 managers increased their stock positions by an average...
View ArticleGoldman's Pill Expects The ECB To Announce A Plan To Save Europe No One Expects
The big idea out of Europe this week has been that the ECB is finally coming around to engage in bond-buying of troubled eurozone countries in order to force interest rates down and thereby stabilize...
View ArticleStephen Schork: There's A 50% Chance Obama Taps Strategic Oil Reserves Before...
After an early-summer slump, gas prices have quietly climbed to a national average of $3.75. Stephen Schork believes this is likely to prompt President Obama to tap the country's strategic oil...
View ArticleThe Evolution Of The World's Currencies Since 1821 [Infographic]
The international monetary system has come a long way over the last 200 years. It's experienced a pretty tumultuous history along the way, including the rise of central banks, world wars, and ad-hoc...
View ArticleHomebuilder CEO Pokes Holes In Gary Shilling's Bearish Housing Thesis
Recent housing data has got many analysts and investors to come out and say that housing has turned the corner. Bloomberg TV brought on housing bear Gary Shilling and Toll Brothers CEO Doug Yearly to...
View ArticleThere Are Signs India's State-Owned Banks Are In Trouble
India’s public-sector banks are sitting on something unpleasant. One of India’s strengths is its companies. In general they are profitable, well-run and have healthy balance-sheets. But the country has...
View ArticleHere Are The Big Market Moving Events For Thursday, August 23
All eyes will be on China tonight.. Here's what you need to know. At 10:30 p.m. ET on Wednesday, HSBC reports its China Flash Manufacturing PMI numbers. The prior reading on the index was 49.3,...
View ArticleHas The Global Economy Really Started To Rebound? We're About To Get A Big Clue
Markets in the US and Europe have been on a tear (the last couple days notwithstanding) and there are generally two reasons give for why: A hope that the Euro disaster scenario won't play out and...
View ArticleThis Is What A Corn Field Would Look Like If God Held Up A Gigantic...
It's faded a little bit from the media's attention, but the devastating drought in the farmbelt is still going on,a nd corn prices are very close to their peak of the year. A source who was recently in...
View ArticleWEAK: CHINESE FLASH PMI FALLS TO 47.8
China's Flash PMI number for August is out, and it's not good. The manufacturing gauge, which is a preview to the official number at the beginning of next month, fell to 47.8 from 49.3 last month....
View ArticleCITI: 5 Reasons India's GDP Growth Is Heading To A 10-Year Low
India's slowdown has been faster than expected, with first quarter GDP growing just 5.3 percent. Analysts have lowered their FY2012 growth projections and ratings agencies have threatened to downgrade...
View ArticleGerman Flash PMI Climbs To A 3-Month High
Germany's FlashMore to come... Please follow Money Game on Twitter and Facebook.Join the conversation about this story »
View ArticleBEAT: Factory Orders Rise 2.8% In July
Orders for factory goods rose 2.8 percent in July versus economists' consensus expectations of 2.0 percent and last month's decline in orders of 0.5 percent. Ex-transports, factory orders were up 0.7...
View ArticleThe 3 Paragraphs In Ben Bernanke's Big Speech You Need To Read
These are the two paragraphs in Ben Bernanke's Jackson Hole speech that really drive it all home. The first one confirms that Bernanke still believes int he power of non-traditional economic policy...
View ArticleThe Market Is Surging After Bernanke — This Headline Explains Why
As ForexLive correctly observes, the only headline that matters is the take from Fed-watcher-in-chief Jon Hilsenrath at the Wall Street Journal. His take? Bernanke has opend the door to more easing....
View ArticleUBS: Bernanke's Jackson Hole Speech Has Increased The Odds Of QE
UBS's economists Drew Matus and Sam Coffin have read through Ben Bernanke's Jackson Hole speech. They think that the odds of more easy monetary policy through quantitative easy have increased. However,...
View ArticleThe Most Disappointing Thing In Bernanke's Big Speech
The markets seem pleased with Ben Bernanke's Jackson Hole speech. There were enough hints that Quantitative Easing works and that another round was likely in the offing that the Dow is up 130. Overall,...
View ArticleMarkets Are Cooling Off After Huge Rally
UPDATE:Volatility persists. Stocks are now off of their highs. The Dow is up just 75 points. EARLIER:Volatility has returned to the markets today. Minutes after Fed Chairman Ben Bernanke's Jackson...
View ArticleCHART OF THE DAY: The Glaring Divergence Between US And Chinese Stocks
Earlier today, the Shanghai Composite index fell to its lowest level since February 2009. Meanwhile, the S&P 500 has been on the rise in what Also Sprach Analyst is calling "glaring divergence."...
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