Fear Cheap Money, Not Double Dip: Morgan Stanley
Fears over a double-dip recession for the global economy are waning, but investors should be more worried about ultra-loose policy from the Federal Reserve, according to Joachim Fels, the co-head of economics at Morgan Stanley. Click here to read the full story
Read more..Earnings boost stocks as euro rises
LONDON (Reuters) - World stocks rose for the fifth day running on Wednesday as solid corporate earnings combined with easing fears about financial stability to boost investors appetite for riskier assets. Click here to read the full story
Read more..Earnings lift Wall Street, but Amazon.com plunges
NEW YORK (Reuters) - Earnings from economic bellwethers 3M, UPS and Caterpillar catapulted stocks on Thursday as investors shed some of their fears about the strength of the recovery. Click here to read the full story
Read more..BP Delays Cap Pressure Test, Cites Damage Fears
A top BP executive says there’s no guarantee a plan to temporarily cap its gushing oil well will go ahead after the federal government questioned whether it will make the leak worse. Click here to read the full story
Read more..Should Fed Do More to Boost Economy—And If So, What?
With the economy weakening and fears growing of a double-dip recession, the Federal Reserve is under pressure from some quarters to do more to help the economy. But even Fed officials seem to be split over how the central bank could or should respond. Click here to read the full story
Read more..Global stocks dip on growth fears
LONDON (Reuters) - World stock and oil prices fell on Monday on growing concerns of slowdowns in the United States and China — the two main pillars of global growth, though the dollar was off its two-month low. Click here to read the full story
Read more..NZ sharemarket flat early
The New Zealand sharemarket was flat in early trading after weak United States manufacturing, labour market and home sales data heightened fears of a double-dip recession in the US.Around 10.15am the benchmark NZX-50 index was… Click here to read the full story
Read more..Market’s Swoon Prompts Fears Of the Dreaded ‘Death Cross’
While the Death Cross isn’t always a bearish sign, a market falling at such an accelerated pace as the current one frequently signals a further drop ahead for stocks. Click here to read the full story
Read more..Wall Street falls on weak data
NEW YORK (Reuters) - U.S. stocks fell on Thursday as manufacturing and labor market data heightened fears of a double-dip recession before Friday’s key employment report. Click here to read the full story
Read more..Asian stocks and U.S. bond yields fall after China data
HONG KONG (Reuters) - Asian stocks and commodities fell while U.S. Treasury futures rose to a 14-month high on Thursday, after manufacturing data showed China’s rapid economic growth was slowing, increasing fears of a global double dip. Click here to read the full story
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