Stocks were sailing toward new record highs last week until they suddenly came crashing down on Friday. The shift occurred after China took steps to rein in its parabolic market by easing restrictions on short selling and raising margin requirements.
The market’s instincts are correct on this one. There is no reason to pile into GS stock right now.
Big banks may harbor hidden risks and are not, as many analysts believe, the bright spot in this otherwise potentially disappointing earnings season.
The European Commission filed formal antitrust charges against Google Inc. (Nasdaq: GOOG, GOOGL) on Wednesday.
The European Commission has finally thrown down the Google gauntlet. But effectively defanging the search giant could require the EC to fundamentally reshape the nature of the search business in Europe.
The solid façade of OPEC is crumbling.
The latest indication that all is not well within the ranks of the oil cartel came on April 13, when the organization released its monthly Bulletin.
With mid-generation baby boomers just entering the retirement wave, their ability to stop working is a hot topic that’s getting hotter. Study after study questions the ability of public and private pensions to meet the needs of retirees.
As concerning as the bankruptcies are when viewed individually, they are more troubling as indicative of a larger weakness.