After more than 30 years in the markets, I’ve seen all kinds of new technologies that are supposed to change the world. Most are pumped by little-known companies with overly hyped marketing, aggressive underwriters, and little more than vaporware. To say I’m jaded would be an understatement.
Bernanke’s actions last week – failing to taper, yet still trying to maintain the illusion that QE is a good thing – are setting up a one-two punch that’s not unlike boxing champion Mohammed Ali’s famous “float like a butterfly, sting like a bee” approach.
This is a syndicated repost courtesy of Money Morning. To view original, click here. Reposted with permission. The markets are very complicated at the moment, which is why now’s an ideal time to reach into the Money Morning Mailbag and address your concerns. The goal here is simple: To provide understandable, actionable, and, of course,…
This is a syndicated repost courtesy of Money Morning. To view original, click here. Reposted with permission. Judging from the 7.28% “Ballmer Bounce” that followed his announcement, the markets love the idea of long-suffering Microsoft CEO Steve Ballmer stepping down. So do a lot of investors who believe now – finally – it’s time to…
This is a syndicated repost courtesy of Money Morning. To view original, click here. Reposted with permission. If there’s one thing a trader fears most, it’s a lack of information… especially when it comes to the most basic of all: price. So I wasn’t surprised when all hell broke loose last week when the entire…
A stock market sell off can be the best time to hunt for stocks to buy. Stocks can slide 10% to 20% before it’s all said and done.
Just like the Christmas song, “He knows when you’ve been sleeping, he knows when you’re awake, he knows when you’ve been bad or good…”
But nowadays it isn’t Santa, it’s Big Data. And it’s becoming big business.
What can companies do with big data?
We’ve heard reports of a slowdown in the Chinese juggernaut. Forecasts have shown that China’s economy will grow by “only” 7.5% in the second quarter of 2013.
Europe is already in a recession, and America’s own economic growth is wheezing along at less than 1% this quarter.
Is the media hype about China’s economic growth slowdown overblown, or will it have real fallout for the United States and Europe?
As you might imagine, my email overflowed this morning following comments from Fed Chairman Bernanke that he’s looking to end QE.
Today (Thursday), Money Morning Chief Investment Strategist Keith Fitz-Gerald spoke with Stuart Varney on FOX Business about Ben Bernanke and the deep plunge today from the Fed’s continued easing.