European and U.S. corporate earnings are clearly in a down trend.
Thirty-five of the S&P 500 companies have reported third quarter results so far.
Last week, the U.S. unemployment rate hit a 44-month low of 7.8%.
Now's the right time to be in equities.
Mario Draghi has coined a new financial acronym: OMT. It stands for Outright Monetary Transactions, and it’s the name of the ECB plan he unveiled last week.
The Japanese trade deficit ballooned in July to 517 billion yen and the country has one of the highest debt loads of any developed country.
As investors close out the summer of 2012, global markets ended last week mostly lower.
Last week, the world held its breath as Italy’s Mario Monti visited France’s François Hollande. But in predictable fashion, nothing beyond a cup of coffee and a nice photo op came out of the meeting.
Directors at profitable corporations must choose between retaining cash for future growth, retiring outstanding debt, or distributing the excess cash to the owners (shareholders).
Grain prices have surged over the past six weeks as drought-like conditions have raised concerns about the health of the summer crop.