The below video was simply too shocking to not have a post dedicated to it's exposure… This clip truly tells the story of Chinese growth and government stimulus in one stroke. Suprisingly, in the development void of inhabitants, most units have sold as investments. Government owned, the city doesn't have to worry about the negative effects of waiting
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The broad measure of the U.S. Equity market, the S&P 500, has found it's way out of a deep hole, dug by the October Employment Situation report that toted headline unemployment at 10.2%. Perhaps giving way to the resilient tone among investors in U.S. firms, this Monday through Wednesday have announced little new economic data, yet
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Analysts across field are calling for the U.S. economy to "bottom out" in the second half of 2009, calling for GDP growth in Q4 but hesitant to take a stand regarding the near term economic forecast. Meredith Whitney drew her own proverbial line in the sand, calling for shares of Goldman Sachs (GS) to reach
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Quiet frustration looms just beyond the facade of bulls who called for a market extension near the S&P 500 high of 945, while those heralding to invest in stocks upon a 10% pullback are beginning to feel the heat. Meanwhile, the substantial chatter concerning a "toppy" head and shoulders pattern of late in equities has
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The positive durable goods report, citing new orders up 1.8% for May, fought the May new home sales numbers, below consensus at -0.6% (m/m), as conviction wavered among market movers throughout early trading Wednesday. The crux of the day's market moving news came in the form of the FOMC statement on Federal Reserve policy, where
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Undertaking a balance sheet analysis of any single TARP recipient bank seems "too much like hard work" for most investors. Post FASB revised asset values and TARP fund side effects have tainted the traditional balance sheet appraisal process. It seems that these institutions have become trading vehicles rather than investments and that current valuations of
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Bill Gross of PIMCO began his June outlook statement with the fitting quote from Abraham Lincoln stating, "You can fool some of the people all of the time, and all of the people some of the time, but you cannot fool all of the people all of the time". Perhaps there are a few more fools than
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The genre of investing known as "fixed income" has been written off by most investors over the past decade as uninteresting, largely due to the seemingly dry nature of the bond market. Returns on bonds are more stable compared to stocks but generally lag profits made by the basket of S&P 500 equity shares amidst
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The May Consumer Confidence report released Tuesday morning created powerful support to consumer discretionary stocks and lifted the share values of U.S. companies across the board, allowing the Dow Jones Industrial Average (DJIA) to close higher by nearly 200 points (almost 2.5%). The Consumer Confidence Index increased from 43.0 to 54.9, marking the first time
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Much of the losses in equity markets across the globe on Thursday were the result of poor economic data as well as concerns over the credit worthiness of the Unites States, UK and other western borrowing soverigns. The scare has been in place for weeks and months with the announcement of historically swollen stimulus packages
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