If you think Amazon.com Inc. (Nasdaq: AMZN) will do a booming business on Cyber Monday this year, consider that Chinese shoppers will spend more money today with that country’s top e-commerce website, Alibaba.com Ltd., than American shoppers will spend on Black Friday and Cyber Monday combined.
Gold prices are the honey badger of precious metals right now.
As 2011’s very popular YouTube video showed us, the honey badger makes moves that don’t make sense – it “don’t care.”
And neither does gold.
The highly publicized Twitter IPO (NYSE: TWTR) has stolen the headlines this week, but a slew of other initial public offerings hit the market as well…
In fact, 16 IPOs priced this week, for a total value of $4 billion.
A lot of people got rich on Twitter (NYSE: TWTR) stock following the Twitter IPO this week.
Especially after it opened 73% above its IPO price at $45.10.
If you want more evidence that the U.S. stock market is disconnected from the actual economy, you only need to look at its performance during the third-quarter earnings season.
Since the mid-1990s, China and a host of other foreign governments have quietly acquired one-third of all United States public debt. Foreign holders of United States debt held more than $5.6 trillion in Treasury securities as of August 2013.
But continued debt-ceiling drama in the United States is starting to change that.
Facebook’s anemic 2012 initial public offering has gone down in history as one of the great IPO flops. Twitter, it seems, is eager to avoid repeating Mark Zuckerberg’s mistake, with the Twitter IPO price set at a modest $17 to $20 per share.
Money Morning Capital Wave Strategist Shah Gilani joined Stuart Varney of FOX Business’ “Varney & Co.” today (Wednesday) to go over the bungled and belated September jobs report.
Yesterday (Monday), Money Morning Chief Investment Strategist Keith Fitz-Gerald appeared on FOX Business’ “Varney & Co.”to respond to China’s newly released blast on U.S. foreign policy.
200 Democrats and 19 Republicans support passing a continuing resolution with no strings attached to re-open government, according to a CNN poll of Congress. With three vacancies among 435 Congressmen, 217 votes is the minimum required to pass the measure. Senate claims it’s close to a deal, but the question is how House Republicans will react – as the shutdown continues into its fifteenth day.
