As the global economy continues to bounce back and forth, the majority of the world has their gaze fixated on Europe, as their next move will dictate much of the future performance for international benchmarks. Some are calling for Greece to abandon the euro and revert to their former currency, while others feel that this would only exacerbate things; if Greece leaves the euro, what will come of other indebted nations like Spain, Italy, and Portugal? At the middle of it all, many are looking to the German economy to lead the way through the storm, as they have long been Europe’s bright spot [see also 101 ETF Lessons Every Financial Advisor Should Learn]. [click to continue…]
Equity markets appear to be regaining their footing in the first few trading days following last week’s dismal sell-off. Bargain buyers have stepped in as major stock indexes are holding above key support levels. Keep in mind however that the bounce higher can quickly turn into another leg-lower if Euro zone debt drama makes its [...]
After a week of sour trading, markets opened up Monday on a positive note as it seemed that headwinds had subsided for the moment. While major indexes appear to be find their footing, the newly debuted Facebook (FB) stock lost all momentum, sinking more than10% in early day trading, well below its IPO price. The [...]
After another choppy week of trading, investors will be on their toes for the coming week, as a number of factors have created high anxiety in the financial world. Perhaps the biggest piece of news is the threat of Greece exiting the euro, as it seems more and more likely each day that the indebted [...]
Equity markets tumbled into red territory for another day this week as investors fretted over sour economic data on the home front along with looming debt woes in the European currency bloc. Weekly jobless claims came in worse-than-expected as 370,000 people filed for unemployment benefits versus the expected 365,000. The Philly Fed manufacturing index also gave investors a reason [...]
The second quarter has been plagued with resurfacing euro fears as a number of nations in the currency bloc have fallen prey to this crisis. At the head of it all is Greece, who has been in financial trouble for several years and has needed not one, but two austerity packages from groups like the [...]
Profit taking pressures continue to sweep over global markets as investors expressed their concerns over the latest developments in the debt burdened currency bloc. Greece will host another round of elections in an effort to form a ruling coalition, although the bigger question at hand is whether or not the nation will keep its spot in the [...]
Stocks started off the week on the wrong foot yesterday, as more euro worries forced major benchmarks to stumble out of the gate. The first quarter of the year was generally positive, but that momentum has shifted for the worse in recent weeks as investors and analysts have begun to worry about our economic future [...]
After a relatively dull week on Wall Street, the coming trading days will see the heat turned up on markets as a wealth of economic data will be reported from all over the world. But that is not to say that last week did not see any developing trends, as there were a few key [...]
With no shortage of worries spilling over from the Euro zone, increasing uncertainty on Wall Street turned into a dismal multi-day sell-off to start the week. The political situation in Greece remains turbulent as the debate whether or not to implement austerity continues to wage between opposing parties. Economic data releases on the home front have been [...]
As we approach the halfway mark to the second quarter, investors have lost most of the confidence that defined Q1. With major equity benchmarks soaring and positive data piling in from all around the world, the U.S. economy seemed to finally have some solid ground to stand on. But recent weeks have seen a resurgence [...]
