As the recovery has gained momentum in much of the Asian Pacific, Japan’s economy has struggled to find its footing, becoming a laggard in a region that has largely propelled itself out of the recession and established itself as one of the leaders of the new global economy. Australia has begun raising interest rates once again, while equity markets in Hong Kong, Singapore, and South Korea have seen a noticeable bounce lift them out of crisis. Yet Japan remains mired in an economic mess that threatens to result in another “lost decade” of stagnant growth and elevated unemployment. [click to continue…]
The day after Thanksgiving traditionally kicks off the holiday shopping season, one of the most important times of the year for consumers and investors alike. While promotional campaigns and receipt tallies from “Black Friday” are always closely monitored, this year the day comes with added importance. As the U.S. economy heads towards the finish line [...]
U.S. stocks and aluminum represent very different asset classes, but some investors have begun to notice troublesome similarities between the two. Following a furious bull market rally on Wall Street over the last several months, it is beginning to appear that U.S. stocks have run too far too fast. By many measures, domestic equity markets [...]
Over the last several months, a perfect storm has been brewing over the U.S. dollar, with record low interest rates, a still unstable financial system, and uncertainty over reserve currency status all contributing to a prolonged slide in the greenback against its major rivals. But those who subscribe to the Warren Buffett investment philosophy of [...]
The week got off to a strong start on Monday, as investors cheered a surprise increase in home resales and news of several big deals around the world as an indication that the return to normalcy continues. Home resales increased 10.1% in October, far more than expected, as the appeal of a lucrative tax credit [...]
As investors have regained their appetite for risk, cash has flowed into domestic and international equities, rewarding the “bargain hunters” who snapped up equities near the market bottom when pricing multiples and dividend yields were severely depressed. While these “too good to be true” investments are now much less abundant, they haven’t disappeared altogether.
When domestic and international equity markets tumbled in the first three months of this year, bargain hunters were overwhelmed with possibilities. As price-to-earnings ratios plunged into the single digits, those who follow the Buffett mantra “be fearful when others are greedy and greedy when others are fearful” were presented with one of the best buying [...]
Earlier this month, Chrales Schwab caught the attention of cost-conscious investors everywhere when the company announced the launch of its low-cost (or in some cases, “no-cost”) exchange-traded funds. With more than 5 million clients and over $1.3 trillion in assets, Schwab is one of the largest investment advisory and brokerage firms in the world, but [...]
In an unexpected development, the European Central Bank announced Friday that it will tighten the standards under which it accepts asset-backed securities as collateral from banks for refinancing tenders after March 1. While this step seems relatively minor, analysts viewed its as the first step towards unwinding the massive stimulus plans put into effect to [...]
The week on Wall Street came to an end rather quietly despite high profile news from a couple major banks. Some of Goldman Sachs’ largest shareholders have urged the company to shrink its bonus pool and pass along more to investors, while. Morgan Stanley closed the books on its disastrous acquisition of Crescent Real Estate [...]
It’s been an interesting week in the world of ETFs: major indexes finished the week on a down note after trending upwards earlier in the week while gold finished around $1140/oz. Here are the ETF Database staff picks of the week’s most important and interesting stories from around the Web: