Global stock markets tumbled Tuesday, due in part to a sharp fall in China’s stocks, the sharpest correction in five years. In a day that saw a 2.4% gain at one point, the Shanghai Composite Index closed down 5.4%, led by financials and energy.
Lowry Research’s Senior Market Strategist, Richard Dickson, tells Financial Sense Newshour that the sharp Sept/Oct correction and bounceback in stocks is typical late-stage bull market behavior and that investors should be focusing on large-caps heading into a top.
The gold price rose sharply Tuesday lunchtime in London, touching $1219 per ounce as Western stock markets fell hard following a 5% plunge in Shanghai, spurred by a change in China's debt market.
The latest issue of the NFIB Small Business Economic Trends is out today. The December update for November came in at 98.1, up 2.0 points from the previous month. Today's report subtitle underscores the theme of the report...
Now that home prices have recovered and homes are not the bargain they were four years ago, it is fitting the parasites once again want to make homes “affordable” to the masses with low-down payment options.
Monday’s pullback appears on track to continue into today’s session as well, with overnight weakness in Asia carrying into Europe and weighing on U.S. sentiment. Chinese stocks pulled back sharply in response to new...
The latest US payrolls report presents a challenge for the Fed. Labor markets are continuing to heal, suggesting that the rate "normalization" should be a serious consideration for the central bank. However, the recent deterioration...
The new week has begun with two macro-economic disappointments out of Asia. Signs of further softening in China, the world's second largest economy, are fanning speculation that additional easing measures will be delivered in the coming weeks.
The way events are lining up, 2015 will be the Year of Volatility. Markets will be waiting for major decisions from the world’s central banks and uncertainties in macro and commodity markets to broach. Here are 6 reasons volatility is poised to make a comeback.
Bull markets normally last an average of 4.5 years. By that time, stocks are usually over-valued, the market is over-extended, the Fed is making plans to cool off the enthusiasm, and the bull market/ bear market cycle begins to sequence into the next bear market.