Tag: gdp
Newsmakers like James River Coal (JRCC) are paying off
Published on October 30, 2008
There is some positive news hitting Wall Street today. Pay attention to the clues you are given and there are is huge profit potential. Already, shares of James River Coal (NASDAQ:JRCC) are soaring in value.
By Andrew Snyder
Baltimore – (TFN): This is a day worth celebrating. After weeks of report after report pointing to a [...]
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 [...]
U.S. Department of Commerce: Oops! The Recession Started in 2007!
Published on August 4, 2008
“The U.S. gross domestic product (GDP) report came in lower than expected yesterday (Thursday) and handed dollar bears a hidden surprise.” — Chris Gaffney CFA, vice president of World Markets at EverBank
Blogger’s note: Well, that’s refreshing: A government body that actually wants to tell the public the truth. The U.S. Department of Commerce has come [...]
Profit from Fannie Mae (FNM) and Freddie Mac (FRE)
Published on July 22, 2008
“As a service to Money Morning readers who are unfortunate enough to have been holding Fannie or Freddie paper, or to the venturesome few who wonder whether there is any among the debris, I thought I’d peer through the fog of uncertainty and try to figure out what the different classes of Fannie and Freddie [...]
Brazil’s Best ETF
Published on July 7, 2008
“Brazil has the tenth-largest economy in the world and the third-largest economy in the Americas. The GDP of Brazil grew at a rate of 5.4 percent in 2007, and is predicted to grow at a rate of 5 percent in 2008.” — Rick Pendergraft
by Rick Pendergraft
Baltimore – (TFN): [...]
Foreign Investment: Iceland’s krona hits the skids
Published on May 20, 2008
“Banks all over the world have spent much of the few years bingeing on cheap money, but Iceland’s taken the whole thing to quite an extreme. Its big players – the likes of Landsbanki and Kaupthing – have been on an extraordinary borrowing spree, sucking in vast quantities of cash to fund lending and acquisitions [...]
U.S. Economy: Don’t trust the GDP
Published on May 6, 2008
“Apparently, the US economy grew by 0.6% year-on-year in the first three months of 2008. It’s not great, but it’s not a recession. Meanwhile, jobs data on Friday showed that there were just 20,000 job losses in April, against expectations for a 65,000 fall. So has everything been blown out of proportion? Was the credit [...]
Fed Rate Cut: Feed the world or save the housing market
Published on April 29, 2008
“Interest rate policy normally only affects the world economy at the margin, but it has now been so expansionary for so long that the Fed’s interest-rate strategy has turned into a moral dilemma of sorts. In short, the central bank’s monetary policy will likely determine whether millions of U.S. homeowners lose their homes or millions [...]
U.S. Federal Reserve: Another Fed rate cut this week?
Published on April 28, 2008
“If the central bank does pare short-term interest rates, it’s likely to be the last such move in awhile; the Fed will take a break and give its rate cuts a chance to work their way through the U.S. economic system.” — William Patalon
by William Patalon
Baltimore – (TFN): U.S. Federal [...]
Foreign Investment: Profit from Italy’s election
Published on April 23, 2008
“All this would make you think Italy was a basket case, except for one fact.” — Martin Hutchinson
by Martin Hutchinson
Baltimore – (TFN): Italian elections have traditionally been confusing, with one weak center-left coalition government replacing another. But the election held on April 13-14 was unusual for Italy, as it produced a [...]
Foreign Investment: Follow the money to Russia
Published on April 4, 2008
“Russia is a developing economy building airports, rail lines and other vital infrastructure. In contrast, the United States relies heavily on cash-strapped consumers to squeeze growth from its service-dominated economy. Without real assets and increased production from those assets, U.S. growth potential can’t compare to Russia’s.” — [...]
U.S. Market Outlook: An election year loss
Published on January 8, 2008
"U.S. election years have, historically, seen healthy gains in the U.S. equity market. To some extent this can be put down to the market’s view that either the incumbent president or, where the president has served two terms, the ruling Party has an incentive to “buy” votes by loosening fiscal [...]