International Investing

 

European banks cut prime rates: Too little, too late!

Published on November 6, 2008

The Bank of England and the European Central Bank slashed their respective interest rates. The Bank of England cut the rate by a huge 1.5 percentage points, the ECB remained true to its timid self by cutting a mere 0.5 percent.

Obama Presidency: Investors flee overseas

Published on November 5, 2008

Savvy investors are spreading their wealth overseas. While the headlines paint a dire picture across the globe, there are some real pockets of incredible profit potential. Make wise international investments and you could be counting your profits before the new administration is even in office.
By Andrew Snyder
Baltimore – (TFN): It is no surprise to see [...]

Time to short the Canadian dollar

Published on October 30, 2008

With its main source export revenues plunging down over 50%, the outlook for the Canadian economy and the Canadian dollar is getting bleaker by the day.
by J. Christoph Amberger
Baltimore — (TFN): Oil prices dropped once again after the U.S. government reported a 0.3% contraction in the U.S. economy in the third quarter.
Light, sweet crude oil [...]

Yen’s strength is Sony (SNE) and Toyota’s (TM) weakness

Published on October 27, 2008

The Japanese yen has soared in value over the last month. To the uninitiated it may sound like a boon for the country’s economy. But in reality, it is creating some huge problems and destroying a lot of wealth. Companies like Toyota (NYSE:TM) and Sony (NYSE:SNE) are in trouble.
By Andrew Snyder
Baltimore – (TFN): Financial crises [...]

The Virtuous Cycle Revisited

Published on October 22, 2008

Financial experts predict that recession-plagued Americans may stop spending and start savings. This crisis-induced “virtuous cycle” may not be to the liking of those countries who syphoned wealth out of America, trading it for crude oil, plastic trinkets, and handheld entertainment devices.

Trouble in Venezuela: RBS cuts a $4.3 billion line of credit

Published on October 17, 2008

The credit crunch is hitting everybody. Compared to countries like Venezuela, the United States is getting off easy. Hugo Chavez is finally getting what he had coming to him.
By Andrew Snyder
Baltimore – (TFN): The old cliché that a falling tide lowers all ships is more popular than ever. But it is also truer than [...]

A nuclear agenda: China and Pakistan move ahead

Published on October 16, 2008

America’s not-so-friendly global counterparts are taking advantage of our national pain. Pakistan and China are making deals and rumors of a nuclear pact are spreading. Investors must carefully monitor the situation.
By Andrew Snyder
Baltimore – (TFN): Thanks to a financial debacle that started on Wall Street and rippled across the globe, America’s superpower prowess has [...]

Iceland’s CDS market will create more turmoil

Published on October 14, 2008

The markets were forced to endure one round of default swap payouts last week. Now, the debt from three more companies will hit the auction blocks. Even more trouble is on the way.
By Andrew Snyder
Baltimore – (TFN): On a micro level, yesterday’s 900-point rally looks like a big deal. Many short-sighted investors look at [...]

Russian market crash

Published on October 13, 2008

With Russian markets crashing to the lowest point in over a decade, will the Bear recover? If so, how soon? Is now the time for investors to move in a grab the bargains? Martin Hutchinson of the Money Map Report gives TFN viewers his take.

China’s looming financial crisis

Published on October 10, 2008

Chinese shares have been falling lately, but that’s only because everybody’s so scared. There’s nothing wrong with China’s financial system, right? Wrong. There’s something rotten at the heart of China’s banks, and the entire mainland economy is about to come crashing down.
by J. Christoph Amberger
Baltimore — (TFN):  As Iceland’s banking industry is melting [...]

Potash Corp. (POT): Liquidity trouble ahead?

Published on October 9, 2008

There are some great companies out there selling for unbelievably low prices. But before you buy, you need to do your homework. You will be surprised what you find, especially in overly bullish stocks like Potash Corp. (NYSE:POT).
By Andrew Snyder
Baltimore – (TFN): The downturn in the stock market is impacting nearly everybody, but some [...]

Cash in on the latest legislation: Buy Wavecom (WVCM)

Published on October 9, 2008

General Motors (GM) isn’t the only company producing cars with telematics, and cars aren’t the only place you’ll find this new technology that provides everything from finding directions out of town to sending photos of a burglar in your home to the police. Now that the technology is cheap, billions are going to be made [...]

Credit Crisis Abroad: Iceland heading for bankruptcy

Published on October 8, 2008

It may be a nice place to live, as long as you don’t mind the cold… or the dark, but Iceland could be the first country to declare bankrupcy in the credit crisis. Will the country previously said to have the “highest standard of living in the world” collapse under the weight of its own [...]

European Turmoil: General Motors (GM) shuts down production

Published on October 7, 2008

Europe is in serious economic trouble. General Motors (NYSE:GM) has stopped production and is forecasting horrid sales. Harley Davidson (NYSE:HOG) is in similar trouble. Avoid European exposure.
By Andrew Snyder
Baltimore – (TFN): If you think the economy is slowing here in the United States, do not even think about looking to Europe. Thanks to already-high unemployment [...]

Market Crisis: What to do when markets crash

Published on October 6, 2008

Despite last minute political maneuvering, global stock markets are crashing. What’s an investor to do? Run for cover — or load up on bargain?

Four stocks to buy on weakness: Rexam (REX), Scottish and Southern Energy (SSE), Aggreko (AGK) and HSBC (HSBA)

Published on October 6, 2008

With the markets in turmoil, it’s time to grab some great stocks at their current cheap prices before they return to pre-crash levels. And Julian Chillingworth, chief investment officer and manager of the Rathbone Income and Growth fund, picked his four favorite London “weakness stocks” for MoneyWeek. Included in the list: Rexam (London:REX), Scottish & [...]

Why the BRICs are crashing together

Published on October 3, 2008

The BRIC countries are all in trouble. But why are four very different economies (in Brazil, Russia, India and China) reacting to the current market in the same way? Andrew Gordon has the answer.
by Andrew Gordon, Investor’s Daily Edge
Baltimore — (TFN): BRIC (Brazil-Russia-India-China) countries make a funny group.
It’s not easy [...]

Fortis (FORB) up 12%, despite setbacks

Published on October 2, 2008

Fortis (FORB) just sold itself to three different European governments. The company lost its deal with China’s Ping An Insurance, and its sale to Deutsche Bank is being held captive by the Dutch Central Bank. But FORB is up 12% today.
by Stephanie Grimmett
Baltimore — (TFN):  The hits just keep on coming, but the [...]

Brasil Telecom (BTM): Up 7% or down 4%?

Published on October 1, 2008

Brasil Telecom (BTM) was the victim of a market dive yesterday, but it’s not a buy signal for the stock. And if Tele Norte Leste Participacoes (TNE) gets regulators on its side, BTM won’t be around much longer.
Stephanie Grimmett
Baltimore — (TFN):  Brasil Telecom (NYSE:BTM) is either up 7% or down 4%, depending on how [...]

Royal Bank of Scotland (RBS) down 24%, despite bailout rumors

Published on September 29, 2008

Rumors that Royal Bank of Scotland (RBS) will benefit from the U.S. bailout weren’t enough to keep its share price up. The ADR hit $3.04 this morning on news from an ABN Amro partner.
by Stephanie Grimmett
Baltimore — (TFN):  Royal Bank of Scotland (NYSE:RBS) is down 24% this morning on news that Fortis (Brussels:FORB) must [...]