Yahoo! Finance: The Daily Ticker |
Stocks Slump After Jobs Report: Good News for Republicans
Follow The Daily Ticker on Facebook! Financial markets have tumbled after today's slew of bad economic data, including weak PMI from China and Europe, and pretty horrible employment data both in Europe and here at home. (See: May's Jobs Report Disappoints Across the Board) In current trading, the Dow is down 1.7% to 12,188 and [...]
Lire l'article |
Facebook: Fatal Blow to Retail Investors or Were Equities Already ?Dead??
Follow The Daily Ticker on Facebook! After the crisis of 2008, retail investors ran screaming from the stock market for the perceived safety of bonds. Since 2008, more than $1 trillion has come out of equity mutual funds and gone into bond funds, according to ICI data. Even the doubling of the S&P 500 (GSPC) [...]
Lire l'article |
May?s Jobs Report Disappoints Across the Board
Follow The Daily Ticker on Facebook! Well, this is a bad employment report ? across the board. The Bureau of Labor Statistics reported that the economy created just 69,000 jobs in May -- the fewest in a year -- and the unemployment rate crept up to 8.2 percent. As is always the case in an [...]
Lire l'article |
Jobs Preview: ?On the Edge of Barely Acceptable?
Follow The Daily Ticker on Facebook! A trio of reports Thursday -- ADP payrolls, weekly jobless claims and a downward revision to first-quarter GDP -- reinforced a perception the U.S. economy has slowed considerably since early 2012. Taken together, the reports simultaneously raised the stakes and lowered expectations for Friday's already crucial government jobs report. [...]
Lire l'article |
Facebook Flop: Actually, Mark Zuckerberg Should Say NOTHING And Stay On His Honeymoon
Follow The Daily Ticker on Facebook! In the past few days, as Facebook's (FB) stock has continued to collapse, a growing chorus of people have been suggesting that Facebook CEO Mark Zuckerberg needs to say something. Specifically, the grumblers say, he needs to momentarily interrupt his honeymoon and make a statement. Yesterday, I was one [...]
Lire l'article |
Record Low Interest Rates Stiff Savers and the Economy
Follow The Daily Ticker on Facebook! Fearing the European debt crisis will continue to deteriorate, investors have piled into U.S. Treasuries in a flight for safety. The yield on the benchmark U.S. 10-year (^TNX) has fallen to 1.55 percent, a record low. From businesses to individuals to governments looking to borrow money, low interest rates [...]
Lire l'article |
After May Swoon, Look for Bounce in June?And Sell Into It: Roberts
Follow The Daily Ticker on Facebook! The U.S. economy is slowing, fears of a debt-ceiling debate are rising and Europe is a mess. Yes, it's beginning to look a lot like summer 2011. Last summer, you'll recall, major averages fell nearly 20% from late July until bottoming in early October. Recent market action has some [...]
Lire l'article |
Only Austerity Can Save Europe: Krugman, Reich Are Wrong, Says Mike Pento
Follow The Daily Ticker on Facebook! As the world watches Europe crumble, a general consensus has formed that austerity measures have failed: Government cutbacks have led to higher unemployment and lower tax revenues, tripping many of the already struggling sovereigns into recession. The worst off of the European economies is not surprisingly Greece, which agreed [...]
Lire l'article |
Paging Mark Zuckerberg! Paging Mark Zuckerberg! People Want To Hear From You!
Follow The Daily Ticker on Facebook! Facebook's (FB) first couple of weeks as a public company, most observers agree, now appears to have been an unmitigated disaster. There was the first-day NASDAQ (IXIC) trading scandal, in which many people who bought Facebook stock didn't know whether or not they owned it. There was a selective [...]
Lire l'article |
After 1-Day Reprieve, Europe?s Woes Return to Center Stage
Follow The Daily Ticker on Facebook! On Tuesday, global stocks rallied as investors chose to focus on the 'good news' coming out of Greece and ignore the very bad news coming out of Spain. (See: Stocks Rise Even as Spain Starts to Follow the Greek Script) Wednesday was a completely different story: Stocks tumbled as [...]
Lire l'article |
Blame the Fed for JPMorgan?s Big Loss: Mike Pento
Follow The Daily Ticker on Facebook! The Facebook (FB) fiasco and Europe's unraveling have taken some of the heat of Jamie Dimon and JPMorgan (JPM) for its big trading loss...but not all of it. Following a long weekend of reports about flaws with JPMorgan's risk management committee, Reuters reported Tuesday the bank has sold about [...]
Lire l'article |
Gold Will Rise Again: Mike Pento Sees $1800 By Year-End
Follow The Daily Ticker on Facebook! Gold prices have tumbled 20 percent from their August 2011 record highs above $1,900 an ounce. The precious metal closed down more than 1% Tuesday to $1,548.70 after rating agency Egan-Jones downgraded Spanish debt and investors flocked from the Eurozone credit crisis to U.S. Treasuries, pushing up the U.S. [...]
Lire l'article |
A Strong Consumer Is Key to a Strong Job Market: Laura Tyson
Follow The Daily Ticker on Facebook! Investors had a long Memorial Day weekend to be free of the U.S. market, but this week could make that mini-vacation seem like a distant memory. A large number of data points are on the calendar, ending with the most watched of all on Friday, the monthly jobs report. [...]
Lire l'article |
U.S. Can Avoid ?Shooting Ourselves in the Face?: Laura Tyson?s Rx for the Fiscal Cliff
Follow The Daily Ticker on Facebook! Unless you've been living in a cave, or are a sitting member of Congress, you probably know that America is heading for a 'fiscal cliff.' (See: U.S. 'Fiscal Cliff' Looms: Will Lawmakers Heed Bernanke's Warnings? If no action is taken, a host of tax cuts and other temporary stimulus [...]
Lire l'article |
Samsung Launches iPhone-Killer In Europe and Now Facebook Wants To Make One
Follow The Daily Ticker on Facebook! The global smartphone business has become a two-horse race between Apple and Samsung. Apple (AAPL), obviously, makes the beloved iPhone, but Samsung recently surpassed it to become the largest smartphone maker in the world. This week, Samsung is launching its latest, greatest phone, the Galaxy S3, in Europe. This [...]
Lire l'article |
Stocks Rise Even as Spain Starts to Follow the Greek Script
Follow The Daily Ticker on Facebook! For months now, the intelligencia on Wall Street have said that Greece is a "sideshow" and what really matters in Europe is what happens to Spain and Italy. Well, Spain took a very bad turn over the long holiday weekend and yet financial markets seem focused on a little [...]
Lire l'article |
SEC Dropping Lehman Case: Where?s the Outrage?
Follow The Daily Ticker on Facebook! After more than three years of investigating the largest corporate bankruptcy in U.S. history, the Securities and Exchange Commission is reportedly dropping the case against Lehman Brothers. "The staff has concluded its investigation and determined that charges will likely not be recommended," reads an internal SEC memo, obtained by [...]
Lire l'article |
Movie Theaters Bank On Summer Blockbusters To Boost Ticket Sales
Follow The Daily Ticker on Facebook! This summer's crop of movie blockbusters are already shattering box office records and driving up attendance at the nation's movie theaters, giving big returns to major Hollywood studios and theater owners before the official start of the summer popcorn movie season this Memorial Day weekend. Walt Disney Studios' (DIS) [...]
Lire l'article |
Facebook Is Killing Silicon Valley: Entrepreneur
Follow The Daily Ticker on Facebook! Serial tech entrepreneur and professor Steve Blank argues that Facebook and the "social media" craze are ruining Silicon Valley's innovation machine. How? By making venture capitalists so greedy that they're only funding companies that could be worth billions of dollars in a couple of years. In the old days, [...]
Lire l'article |
Keystone Pipeline: Good or Bad for Gas Prices?
Follow The Daily Ticker on Facebook! Congress has just over a month to pass a $106 billion transportation bill that would pave the way for new highways, railways and bridges in this country. Lawmakers are making progress on the legislation; however, there is one major hold up: the Keystone Pipeline. If Congress cannot agree to [...]
Lire l'article |
