A few of the headlines today from IBD. Nothing to get too excited about…
Goldman Sachs says the economy grew at a 1.5% annual rate in Q2, down from its previous forecast of 2%, due to disappointing consumer spending data. It also slashed its Q3 growth forecast to a 2.5% annual...
All of a sudden there is some fear back in the markets. Over the past year, there has been a great deal of spin put on the European crisis. Now investors are waking up to the fact that there really is a crisis developing.
Even as the stress tests once again...
How many times is Mr. Trichet going to provide a snippet of information with no backup, no plan and no details? If his job is Rhetoric in Chief, then he is doing a superb job. Perhaps the #2 Spinmeister in the world (Geithner wins the #1 spot), his ability to...
In this episode, the next round of economics and earnings are covered in detail. As markets have become reactive to every headline, there may be opportunities to capitalize on a few investment ideas. Earnings season is kicking off with over 30% of the S&P 500 stocks reporting this week. The...
Just something to consider…
Asia‘s booming economies boasted 3.3 million people worth $1 million or more last year, up 10% from ‘09 and exceeding the number of millionaires in Europe for the first time, according to Merrill Lynch. Asia is gaining quickly on North America, where the...
