Keyword: financialmarkets

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  • We Just Witnessed The Worst Week For Global Financial Markets In 3 Years

    12/16/2014 5:08:59 PM PST · by SeekAndFind · 17 replies
    Is this the start of the next major financial crisis? The nightmarish collapse of the price of oil is creating panic in financial markets all over the planet. On June 16th, U.S. oil was trading at a price of $107.52. Since then, it has fallen by almost 50 dollars in less than 6 months. This has only happened one other time in our history. In the summer of 2008, the price of oil utterly collapsed and we all remember what happened after that. Well, the same patterns that we witnessed back in 2008 are happening again. As the price of...
  • ON NOTHINGBURGERS WITH CHEESE AND PACKING PEANUTS

    07/02/2013 2:34:29 PM PDT · by SatinDoll · 13 replies
    Barnhardt ^ | July 2, 2013 | Ann Barnhardt
    1. Yes, I saw that Corzine was "charged" by the CFTC. This is essentially meaningless. First, it is a purely civil action. These oligarch psychopaths LAUGH at the whole "civil action" paradigm. Second, the $100 million fine that the CFTC is going after comes NOT from Corzine, but from whatever is left of the MF Global Holdings estate, IF there is anything left at all. Not one red cent would come from Corzine, who was worth at least $600 million at the time of the collapse in the fall of 2011. Third, even if Corzine gets the dreaded "registration ban"...
  • The Global Financial Markets Are Getting Annihilated (No Safe Havens Anywhere, Not even Gold)

    06/20/2013 9:32:02 AM PDT · by SeekAndFind · 25 replies
    Business Insider ^ | 06/20/2013 | Sam Ro
    The entire global financial markets are selling off sharply today. U.S. stock markets are getting slammed early in the trading session. The Dow and the S&P 500 are down by over 1.5%. This follows major sell-offs in Europe and Asia earlier today, and it extends yesterday's U.S. market sell-off. Globally, investors are digesting two big headlines: Fed Chairman Ben Bernanke suggested that strengthening economic data could enable the Fed to start tapering, or gradually reducing, its stimulative bond-buying plan. China reported that manufacturing activity was decelerating at a higher clip than expected in June. China is the world's second largest...
  • New Federal Regulations cost in excess of US$100 million. It increased by 60 pc since 2005.

    06/11/2012 5:57:55 AM PDT · by se99tp · 1 replies
    Christian Concepts Daily ^ | June 11th, 2012 | Dr Norman Bailey
    Would unfettered markets maximize social wellbeing? This is where the weakness of the arguments for tighter financial market regulation lies. It is not in the thesis or the framing of the question, but rather in the conclusion that is reached. To a large extent, the argument for ever-increasing regulation is like the argument that in order to minimize the risk of being run over by a car, one should walk as little as possible, or, alternatively, that in order not to catch the flu, one should stay indoors. This argument is embodied in the EU’s so-called ‘precautionary principle’ which essentially...
  • Financial Markets in Permanent Turmoil

    06/04/2012 11:44:24 AM PDT · by se99tp · 2 replies
    Christian Concepts Daily ^ | June 4th, 2012 | Norman Bailey, Alexander Mirtchev
    Among the reactions to the global financial and economic crisis of 2008-2009 none was expressed with more ardor than the call for increasingly tighter and more comprehensive regulation of market activity, with a particular focus on the housing and financial sectors. The uncertainty brought about by the crisis expressed itself in a growing feeling of helplessness and subsequent anger. This anger was generally directed at the perceived failure of market capitalism, but its specific targets were the ‘greedy bankers’ and the financial markets as a whole.
  • Obama's Financial 'Reform' Doesn't Fix Anything

    07/15/2010 9:38:38 PM PDT · by JohnRLott · 16 replies
    Fox News ^ | July 15, 2010 | John R. Lott Jr.
    The 2,319 page financial regulation bill that just passed Congress is filled with vague, complicated language. Some language will weaken our financial system and make it less efficient. Other language appears to mandate racial and gender employment quotas in dozens of Federal agencies. In the name of making sure that there is not another financial crisis, the bill does nothing to address what caused the mortgage problems created by government regulations that forced banks to make risky loans that they didn't want to make. It does nothing to rein in the $400 billion in losses created by government entities Fannie...
  • Obama's Plan -- A Regulatory Mess (advanced text of Obama's financial address)

    04/22/2010 8:37:00 AM PDT · by richardb72 · 116 replies · 2,240+ views
    Fox News ^ | April 22, 2010 | John R. Lott, Jr.
    If President Obama's financial regulations are adopted, there will be fewer loans, credit will be more costly, and individuals will face more risk. Obama argues today that his reforms are necessary to prevent "a second Great Depression" from occurring, but he does nothing to fix what the government did. Nothing is done to reform Fannie Mae and Freddie Mac, despite their problems with fraud and costing taxpayers $400 billion in bailouts. Nothing is done to change government regulations that force banks to make risky mortgages. The powers that would be given to the president and the Federal Reserve are unprecedented....
  • After the Fall: Saving Capitalism from Wall Street and Washington

    02/15/2010 10:26:42 AM PST · by ezfindit · 10 replies · 340+ views
    CDS ^ | 2/14/2010 | Nicole Gelinas
    Robust financial markets support capitalism, they don’t imperil it. But in 2008, Washington policymakers were compelled to replace private risk-takers in the financial system with government capital so that money and credit flows wouldn’t stop, precipitating a depression. Washington’s actions weren’t the start of government distortions in the financial industry, Nicole Gelinas writes, but the natural result of 25 years’ worth of such distortions.
  • Plot thickens in the battle of 'The Plunge'

    02/11/2010 3:14:34 AM PST · by Scanian · 4 replies · 602+ views
    NY Post ^ | February 11, 2010 | John Crudele
    The Treasury Department has records of the secret meetings that its President's Working Group on Financial Markets held to discuss the troubled financial markets, after all. That doesn't mean Washington wants us to know what was discussed, or whether Wall Street executives were in the meetings. The working group was founded by President Reagan back in 1989, after the stock market nearly sustained its second big crash in two years. Placed under the Treasury's jurisdiction, it lay dormant for years. It has been nicknamed The Plunge Protection Team because many people -- including me -- believe that in recent years...
  • The Republicans Learned Nothing[... from Massachusetts]

    02/02/2010 9:27:22 AM PST · by Tirian · 8 replies · 788+ views
    Market Ticker.com ^ | Feb 2, 2010 | Karl Denninger
    ... from Massachusetts. This will be their Waterloo: Nine months after he penned a memo laying out the arguments for health care legislation's destruction, Republican message guru Frank Luntz has put together a playbook to help derail financial regulatory reform. In a 17-page memo titled, "The Language of Financial Reform," Luntz urged opponents of reform to frame the final product as filled with bank bailouts, lobbyist loopholes, and additional layers of complicated government bureaucracy. "If there is one thing we can all agree on, it's that the bad decisions and harmful policies by Washington bureaucrats that in many ways led...
  • Financial Markets And Economic Crisis Outlook 2010, When Hope Turns to Fear!

    01/15/2010 6:51:54 AM PST · by blam · 5 replies · 570+ views
    The Market Oracle ^ | 1-15-2010 | Ty Andros
    Financial Markets And Economic Crisis Outlook 2010, When Hope Turns to Fear! Economics / Financial Markets 2010 Jan 15, 2010 - 01:41 AM By: Ty_Andros I wish to send you my very best wishes for a Happy New Year. WE WILL BEGIN THIS MULTI-PART OUTLOOK WITH A GENERAL OVERVIEW, THEN OVER THE FOLLOWING WEEKS TOUCH ON A VARIETY OF CONVENTIONAL AND UNCONVENTIONAL ANALYSES, SPANNING THE MARKETS IN GENERAL, SUCH AS STOCKS, COMMODITIES, CURRENCIES, INTEREST RATES, BOMB....ER, BOND MARKETS AND TAKE FUNDAMENTAL LOOKS AT THE DIFFERENT REGIONS, BANKING SYSTEMS ETC. IF YOU HAVE NOT READ THE LAST TWO TEDBITS YOU NEED...
  • How the Financial Markets Work for Dummies

    08/30/2009 2:08:41 PM PDT · by jim byrd · 2 replies · 540+ views
    jimbyrd.com ^ | 08/30/2009 | jim byrd
    How the financial markets work explained in a way that anyone can understand.
  • Kass: Market Has Likely Topped

    08/29/2009 9:17:47 AM PDT · by george76 · 15 replies · 934+ views
    RealMoney Silver ^ | 08/26/09 | Doug Kass
    Arguably, today investors face the polar opposite of conditions that existed only a few months ago, with economic optimism, improving valuations and positive sentiment. To most investors, today the fear of being in has now been eclipsed by the fear of being out as the animal spirits are in full force. Bears are now scarce to nonexistent in the face of steady price gains in equity and credit prices. As if the movie is now being shown in reverse, the bull is persistent, stock corrections are remarkably shallow, cash reserves at mutual funds have been depleted, and hedge funds hold...
  • Robbing the bank: Congress has its way with financial institutions

    08/02/2009 8:30:55 PM PDT · by JohnRLott · 4 replies · 817+ views
    Washington Times ^ | Sunday, August 2, 2009 | Editorial
    Some risks don't pay off. The time comes when the right thing to do is to let a bad investment sink. This is more responsible than continuing to throw good money after bad to keep unwise ventures afloat. For the housing market to turn around, bad mortgages must be allowed to sink -- but Congress has other plans. Rep. Barney Frank, Massachusetts Democrat, is threatening to revive legislation that would let bankruptcy judges rewrite mortgage contracts if banks don't "voluntarily" write off a larger percentage of bad home loans. The policy ideas of the savvy chairman of the House Financial...
  • Gobbled up by the derivatives monster

    10/21/2008 4:38:12 PM PDT · by Lorianne · 8 replies · 596+ views
    Asia Times ^ | Oct 21, 2008 | Richard Daughty
    Clive Maund at clivemaund.com says, "Payback time for Wall St and Washington will be when foreign investors fail to turn up at the bond auctions to finance the bailout plan, whose US$800+ billion will have to be created out of thin air. So the bonds will have to be monetized, which will mean an immediate spike in inflation, which will cause the rate of corporate bankruptcies to soar as failing companies take down others in a chain reaction because the losses will be highly leveraged by credit default swaps etc. This is the underlying reason why banks won't lend to...
  • Dow Continues Historic Slide (down moving below 8,000 close, welcome to Obama's America!)

    10/10/2008 11:03:05 AM PDT · by maccaca · 21 replies · 892+ views
    Stocks' relentless slide continued Friday, leaving the Dow Jones Industrial Average poised to register the bloodiest weekly drop in its 112-year history. The Dow Jones Industrial Average fell more than 600 points shortly after the opening bell, sliding below the 8000 mark intraday for the first time since April 1, 2003. Blue chips quickly moved off those levels, and at one point managed to climb into positive territory. But in recent trade, the Dow was off about 550 points at around 8010, moving back near its lows for the day. The S&P 500 Index was down about 48 points at...
  • Indonesia: Stock Trading Frozen(indefinitely) To Prevent Panic(Should US market follow suit?)

    10/09/2008 9:38:22 PM PDT · by maccaca · 23 replies · 667+ views
    JAKARTA, INDONESIA: Indonesian stock trading was frozen indefinitely Friday (10 Oct) to "avoid deeper panic" as global markets plunged over concerns stemming from the U.S. financial crisis, the bourse president said. A suspension was imposed on the Jakarta Stock Exchange on Wednesday in response to sudden, steep loses, but authorities had planned to resume trading Friday morning. The last-minute reversal came just minutes before the scheduled reopening in Jakarta as Asian stocks tumbled again in response to a whopping 7.3% decline of the Dow Jones Industrials Average. In Tokyo, Japan's main index sank more than 10% Friday morning. "The situation...
  • Deal Reached on Financial Markets Bailout

    09/28/2008 12:30:41 AM PDT · by xtinct · 186 replies · 4,993+ views
    Breitbart via AP ^ | 9/28/08 | CHARLES BABINGTON and ALAN FRAM
    Due to AP restriction click link
  • Paulson's Rally: Turning Point for the Market?

    09/21/2008 9:54:08 PM PDT · by STARWISE · 10 replies · 278+ views
    Barron's ^ | 9-22-08 | Jim McTague
    Special Report: Where to Put Your Money Now -- Experts are encouraged by the government's bailout plan, despite the cost. * * * THE GOVERNMENT'S FAR-REACHING PLAN to stem America's financial crisis sent stocks soaring on Friday, perhaps signaling a bottom in this year's vicious bear market. The Dow Jones Industrial Average shot up 368.75 points on Friday, or 3.4%, on top of a 3.9% jump Thursday, when the bailout surfaced. It was a welcome lift for an index that, earlier in the week, was down 20% for the year. The plan, which calls for the U.S. Treasury to buy...
  • Brokers threatened by run on shadow bank system - Regulators eye $10 trillion market...

    06/20/2008 10:01:11 AM PDT · by Ernest_at_the_Beach · 43 replies · 242+ views
    MarketWatch ^ | June 19, 2008 6:29 p.m. EDT | Alistair Barr, MarketWatch
    SAN FRANCISCO (MarketWatch) -- A network of lenders, brokers and opaque financing vehicles outside traditional banking that ballooned during the bull market now is under siege as regulators threaten a crackdown on the so-called shadow banking system.Big brokerage firms like Goldman Sachs, Lehman Brothers , Morgan Stanley, and Merrill Lynch, which some say are the biggest players in this non-bank financial network, may have the most to lose from stricter regulation. The shadow banking system grew rapidly during the past decade, accumulating more than $10 trillion in assets by early 2007. That made it roughly the same size as the...
  • George Soros warns 'superboom' is over

    04/01/2008 1:09:13 AM PDT · by bruinbirdman · 14 replies · 297+ views
    The Telegraph ^ | 4/1/2008 | Edmund Conway
    The world economy is at the end of a "super-boom" in asset prices and debt which has lasted since the end of the Second World War, billionaire investor George Soros has warned. Speaking in a BBC documentary, Mr Soros said that at the heart of the financial crisis was the culmination of a 60-year-old boom in leverage, the result of which will be a far deeper downturn than many expect. He also warned that the financial services industry now faces a painful crunch. "I think that the financial industry will have to shrink... and of course the indebtedness of the...
  • Let's be Competitive — Free the Fed!

    05/30/2007 9:47:17 AM PDT · by Tolerance Sucks Rocks · 108 replies · 1,471+ views
    MoneyNews.com (Newsmax) ^ | May 30, 2007 | John Browne
    Today's Financial Times headline ("Spitzer to Streamline Rules for Wall Street") is an example of government allowing good old Yankee free enterprise to become more competitive with other international challengers. The Financial Times also contains additional evidence of increasing inflationary pressures and of interest rates around the world, particularly in the European Union (E.U). Meanwhile, in face of growing inflationary evidence and increasing interest rates among our key competitors, our Fed has kept our rates on hold. While it warns of inflation as its main concern, our Fed appears "frightened" to compete either against inflation or with the rising interest...
  • Dow finishes a record week

    04/20/2007 1:48:35 PM PDT · by Signalman · 21 replies · 528+ views
    cnnMoney.com ^ | April 20, 2007 | Alexandra Twin, Steve Hargreaves
    NEW YORK (CNNMoney.com) -- The Dow industrials rallied to a record close Friday afternoon, finishing at a new high for the third consecutive day, after a slew of upbeat earnings reports that also drove the broader market higher. The Dow Jones industrial average (up 136.85 to 12,945.48, Charts) jumped 153.35, or 1.2 percent, to 12,961.98, setting intraday and closing highs, according to early tallies. The Dow finished the week up about 2.8 percent higher. The broader S&P 500 (up 11.88 to 1,482.61, Charts) index also added about 1 percent and hit a fresh 6-1/2-year high. The Nasdaq (Charts) composite gained...
  • (Vanity) Bob Brinker's Comments on GM

    04/25/2005 3:39:38 AM PDT · by taildragger · 6 replies · 440+ views
    none ^ | none
    Did anyone hear Bob Brinker yesterday? I heard snippets, but was unable to hear the whole program. I am curious as to what his take on the current General Motors situation is. I wonder at some point will the situation foster his "model" to change his sentiment as to the direction of the market.
  • A Bronx Cheer for Crooked CEOs

    07/19/2002 7:41:31 AM PDT · by 1bigdictator · 1 replies · 199+ views
    The New York Observer | July 19, 2002 | Terry Golway
    A Bronx Cheer For Crooked C.E.O.’s by Terry Golway There’s a reason why the real world ought to be more like the world of sports, and here it is: Sports fans get the chance to boo their villains. Where else in America can you scream epithets at millionaires and not be hauled away as a threat to peace and prosperity? Where else are incompetents forced to suffer public humiliation at the hands—or throats—of honest and true citizens? In the sporting arena, if you drop the ball, the world knows about it instantly and reacts accordingly, and there’s no place for...
  • Euro Hits 2-Year High Against Dollar

    06/20/2002 11:22:14 AM PDT · by Asmodeus · 24 replies · 606+ views
    Associated Press ^ | 20 June 2002 | DAVID McHUGH
    FRANKFURT, Germany (AP) - The euro rose to its highest level against the dollar in more than two years Thursday, climbing above 96 U.S. cents as traders dumped the greenback over fears about the growing U.S. trade deficit and wobbly stock market. The currency reached 96.45 cents in afternoon European trading, its highest since March 2000, when it traded at 96.53 cents. New figures that showed the U.S. trade deficit at a record dlrs 35.9 billion in April helped push the euro up from levels just below 95.60 cents early in the day. "That was the spike that took it...