A disastrous decade for the stock markets just ended just a month ago. Will the new decade bring good luck for investors? So many comments to express the disastrous state of the financial markets over the past ten years. Stock market investors can tell: the past decade has been the most calamitous in terms of stock market…
Dr. Kurt Karl , Chief North American Economist, Swiss Re As expected, the Federal Reserve has held rates steady and is sticking to its policy until next year. With a high unemployment rate and a drop in purchasing power, inflation should not pose any particular problem. The Federal Reserve has already forecast a way out of the…
Corporate results for the last quarter beat all consensus, leading to a rise in stock market indices. But without big revenues can profits continue to impress? Profits are still as low and the economy still weakened, but investors are still celebrating the results of the last quarter as if nothing had happened. Some market watchers are…
Growing worries about the global economy are behind Europe’s banking crisis, but European investors are also unsettled by some of the troubles that have been unleashed at home. A cold wind blows from the City of London to the banks of the Main River in Frankfurt…and it has nothing to do with winter. Indeed, the…
Discretionary IT projects are shelved as companies reassess costs, sales struggle to take off, and the economic growth of outsourcing providers. The economic decline has become so intense that even the number of offshoring activities is decreasing. Executives who once relied on foreign companies to tackle certain IT tasks are now slowing down some of their…
The bank’s board meets as Wall Street debates whether CEO Pandit can withstand the pressure, or if he’ll be forced to accept a deal, or a bailout from the US government. Citigroup shares continued their incredible decline during the session on Friday, November 21, despite a general market rally, indicating that there is not much…
Could the volume – and tone – of TV, web, and media coverage of market fluctuations actually make matters worse? Wall Street has been through crises before: The years 1907, 1929, 1970 and 1987 tested investors just as much as 2008. But this time, something is different: three cable business chains and Countless websites provide…
Under new federal guidelines, defendants in major stock market scam cases could face prison terms ranging from 30 years to life. In the coming weeks, five former insurance industry executives, including Ronald Ferguson, former CEO of General Reinsurance, are due to appear in federal court in Hartford. US District Court Judge Christopher F. Droney will try…
Experts in the psychology of financial markets look at what is fueling the selling frenzy around the world and when investors’ intentions to change direction arise. If you’re looking for a phrase to describe the current stock market crash, just say “the panic of 2008″ In the past century, the world has seen countless financial…
Shares of Morgan Stanley tumbled on Tuesday on a rumor that Mitsubishi UFJ Financial Group Inc. would pull out of a deal to buy nearly a quarter of the investment bank. Morgan Stanley, however, said the deal is scheduled to close at the end of the mandatory regulatory period which expires at the end of the…
