Bank of England: 'Room to Cut Rates'

Seeded on Thu Nov 15, 2007 8:34 AM EST (Telegraph)

In its closely-watched Inflation Report, the Bank said it could comfortably allow interest rates to drop from their current level of 5.75 per cent to around 5 per cent without inflation getting out of control.

business, of, bank, england

Market Newsletters: Bullish

Seeded on Thu Nov 15, 2007 8:32 AM EST (MarketWatch.com)

the worst market timers are quite bearish right now, while the best timers are quite bullish. Rarely are we presented with a contrast this stark.

business, markets

Goldman alert over emerging markets

Seeded on Mon Nov 12, 2007 6:34 AM EST (Telegraph)

Goldman Sachs has begun to cut exposure to emerging markets, fearing that turmoil in the global credit markets risks triggering a "painful" correction in the high-flying assets of Latin America, Eastern Europe and parts of Asia.

business, economy, emerging-markets

New accoutning rule: Wall Street banks will have to slash valuations

Seeded on Mon Nov 12, 2007 6:33 AM EST (Telegraph)

The tougher standards will prohibit Citigroup, Goldman Sachs, Morgan Stanley and other US banks from setting values to sub-prime mortgages and other forms of exotic debt on the basis of "assumptions", compelling them instead to value assets at market prices - mostly far lower.

business, banks, cdo

Paulson: Senate not likely to pass AMT bill

Seeded on Sat Nov 10, 2007 8:42 AM EST (Yahoo! News)

Paulson predicted the Senate would balk at legislation passed on Friday by the House of Representatives to prevent middle-income taxpayers from having to pay a levy aimed at the very wealthy -- the Alternative Minimum Tax -- because it raises taxes for private equity fund manager …

business, tax

Gold approaching all time high

Seeded on Sat Nov 10, 2007 8:25 AM EST (MarketWatch.com)

the market has been impressively strong in recent weeks and months, and is now fast closing in on its all-time, set 28 years ago in January 1980.

business, gold

The witches' brew of 1987 is back again

Seeded on Thu Nov 8, 2007 6:30 PM EST (Telegraph)

Why is the dollar crumbling? Is it just because the Federal Reserve has begun to cut interest rates, while other central banks are still tightening?

business, dollar, oil, economy, currency

Financials in a bear market

Seeded on Thu Nov 8, 2007 7:29 AM EST (FT.com)

A "correction" occurs when a market falls 10 per cent. The S&P Financials index did that in the last week alone. A "bear market" starts once an index falls 20 per cent; and the S&P financials index has done that since February.

business, financials

Wall Street firms see recession nearing

Seeded on Tue Nov 6, 2007 7:51 AM EST (Yahoo! News)

The economy might be edging toward a recession in the wake of mortgage-related credit woes plaguing the financial markets, bankers and analysts said on Monday.

business, economy, recession

Citi & Barclays drag down markets

Seeded on Sat Nov 3, 2007 4:59 AM EDT (Telegraph)

Citi may face "greater-than-expected write-downs in collateralised debt obligations and other structured products". The bank's shares slipped 4pc to $37.11.

stocks, banks

Jim Cramer: Clorox & Avon for a recession

Seeded on Sat Nov 3, 2007 4:55 AM EDT (TheStreet.com)

In general, market players should purchase these stocks at times when investors, acting out of panic and fear, start unloading everything else, he said.

business, jim, cramer

The mood in credit derivatives markets turned ugly on Thursday

Seeded on Fri Nov 2, 2007 8:21 AM EDT (Yahoo! News)

Speculation was rife that leading major investment banks were facing additional losses linked to complex mortgage-backed securities, while worries mounted over the health of major financial guarantors.

business, cds

Bond market is losing confidence in Fed's credentials as an inflation fighter.

Seeded on Fri Nov 2, 2007 8:16 AM EDT (MarketWatch.com)

the bond market's immediate reaction to the Fed decision, when long-term rates rose, is the one to which we should pay attention when assessing what it thinks the rate cut means.

business, bonds, fed, inflation

Fed: quarter-point cut to 4.5 percent or not moving at all

Seeded on Tue Oct 30, 2007 8:08 AM EDT (Yahoo! News)

"the current market environment is more fragile than usual, and thus the consequences of disappointing the market are potentially more damaging. Against that, the Fed will have to weigh the risk that a cut will stoke inflationary psychology,"

business

Flow of liquidity is slowing

Seeded on Tue Oct 30, 2007 7:53 AM EDT (FT.com)

Signs of slowing economic activity signal that the spigot of liquidity may soon be turned off. It is also a fluid concept. Beyond flows of cash from investors, it includes money tied to the credit market.

business, economy, stocks

Europes economy to slow along with its exports

Seeded on Sun Oct 28, 2007 8:48 AM EDT (Telegraph)

"...the combination of a slowing US and a plummeting dollar means the eurozone ends up selling far fewer exports – not only because demand has fallen, but because the related rise in the euro makes Europe's exports more expensive."

business, dollar, economy, currency, euro

Large share of nation's homes are on the market but not selling

Seeded on Sat Oct 27, 2007 7:39 AM EDT (Yahoo! News)

The share of homes owned but empty edged back up in the third quarter toward a record set earlier this year, the Census Bureau said on Friday, another sign of weakness in the housing sector. The homeowner vacancy rate rose to 2.7 percent from 2.6 percent in the second quarter

business, real, estate

Looming fed rate cut causing US Dollar to drop

Seeded on Sat Oct 27, 2007 7:37 AM EDT (Yahoo! News)

Analysts said the dollar came under pressure as a string of weak economic data, including more bad news from the US housing market, offered further evidence of slowdown that was likely to prompt the Federal Reserve to cut US interest rates at its meeting on October 31.

business, dollar, fed, currency

Market volitaliy making market timers skittish

Seeded on Fri Oct 26, 2007 7:06 AM EDT (MarketWatch.com)

"The effect of this is easily seen among the short-term market timing newsletters I track, many of which have reacted to the market's volatility by throwing in the towel. They just can't take the wild ride."

business, stocks

Microsoft sidesteps Google to land Facebook deal

Seeded on Thu Oct 25, 2007 7:06 AM EDT (Telegraph)

Microsoft has seen off competition from its fierce rival Google to take a stake in Facebook in a deal which values the wildly popular social-networking website at $15bn (£7.4bn).

google, business, microsoft, facebook

Insiders picked up buying in wake of past week's market drop

Seeded on Wed Oct 24, 2007 7:30 AM EDT (MarketWatch.com)

It appears the insiders are "buying the dip"

business, stock

Dont fret just because financial stocks are dropping

Seeded on Tue Oct 23, 2007 7:53 AM EDT (Bespoke)

As the chart illustrates, the last time the sector really showed any degree of outperformance versus the S&P 500 was during the bear market from 2000 - 2002. During the current bull market, the sector has not really had any period of significant outperformance.

business, stock