The equity markets took a turn for the worse in the final hour of trading, leaving stocks in the red again after yesterday’s steep losses. Early weakness was seen after a smaller-than-expected increase in private …

Today’s tickers: MGM, WFT, HD, OC, APC, TLB & RBCN
MGM – MGM Resorts International, Inc. – The casino resort operator’s shares rebounded 0.60% during afternoon trading to arrive at $10.11 by 1:50 pm …

They command enormous audiences of loyal followers, set the agenda for some in the Republican Party and have made fortunes through their media empires, but are Rush Limbaugh and Glenn Beck good for America?
All Obama-Nazi/Hitler …

After yesterday’s steep losses on lackluster US consumer confidence data, a downwardly revised Chinese Leading Index, and festering euro-area financial crisis fears, stocks are posting modest gains, overcoming early losses on the day that came …

Thirty months into the Great Recession, many Americans believe that their lives will be forever altered in ways both large and small by the crisis, according to a new survey by the Pew Research Center.
Americans …

Stocks remain at arms length of the flatline in late-morning trading as traders grapple with a smaller-than-expected increase in the ADP Employment Change Report for June, which unnerved investors ahead of Friday’s labor report, and …

The stock market isn’t a happy camper. Yesterday’s 3% drop in the S&P 500 was a sign that the deflationary worries that revived in May are still considered a real and present danger, including the …

This morning’s ADP report on private payrolls showed a 13,000 gain which was less than a quarter of the consensus estimate of about 60,000.  The most bearish of all economists surveyed forecasted only 23,000 jobs …

With €442 billion in 12-month loans coming due on July 1, investors had become increasingly alarmed at the health of the banking system. Cash markets have become fragmented ever since the Lehman collapse sparked a …

The US equity markets have given up a majority of an early advance and are nearly unchanged in morning action, following a smaller-than-expected increase in the ADP Employment Change Report for June, which unnerved investors …

Markets took a dive as the US consumer confidence numbers disappointed; showing a reading of 52.9 vs consensus 63.3, and down sharply on the May reading of a downward revised 62.7, as consumers adjusted their …

On June 25th the BEA quietly revised its measurement of GDP growth for the first quarter of 2010 down for the second time, this time to 2.7%. The newly revised growth estimate nearly matches the …

The Cleveland Fed has launched a new website that will provide on a monthly basis estimates of expected inflation over various horizons. These estimates are supposed to be cleaner than those coming from Treasury inflation-protected …

Paul Krugman, a strong supporter of fiat money, is obviously having a major distress over the G20 push to cut deficits in half by 2013, and stabilize the soaring U.S. debt.  In his latest New York Times column, Krugman not …

In yesterday’s morning briefing we highlighted the increasingly negative sentiment towards the Eurozone’s underlying debt markets and, as a result, the EUR. However, whilst it is easy enough to identify that the …

Quote of the day: If I owe you a pound, I have a problem; but if I owe you a million, the problem is yours. — John Maynard Keynes
EURUSD
Trading strategy: small short at 1.2290, stop at …

Tesla became the first American automaker to go public since 1956 today as shares began trading under the ticker TSLA on the Nasdaq. With its most expensive car selling for more than $100k, …

Barnes & Noble (BKS) booksellers was trounced in Tuesday’s market action as the finished the day 19% lower on three times its average daily volume.  The reason for the decline is …

The USD and JPY rallied for the second consecutive day as risk aversion swept through global markets, sending European bourse down -2.5% to -5.5% and the Dow down -2.7%.  The EUR/USD fell as low as …

Stocks tumbled right out of the gates today and finished solidly lower, as a downward revision to a key piece of Chinese economic data and lingering euro-area financial market concerns combined with a larger-than-expected drop …

Today’s tickers: XLF, CMA, LYV, WYNN, MRVL, AVP & PX
XLF – Financial Select Sector SPDR ETF – The familiar shadow of a put butterfly spread appeared in the August contract on the XLF, …

Caterpillar, the world’s largest manufacturer of construction and mining equipment announced on Tuesday that it planned to build a new manufacturing facility, but not in America.
The Peoria, Illinois-based company said it will open up a …

If there is such a thing as one stock as a tell on the world economy, I’d nominate General Electric (GE). Not only does it have its hands in multiple industrial and consumer oriented markets, …

According to Bloomberg data, when the Fed last imposed a ceiling on the fed funds rate at 0.25% in December 2008, two-year government paper reached a record low yield of 0.6044%. Eighteen months ago the …

Stocks remain solidly below the flatline as lingering euro-area financial market concerns and a steep downward revision of a piece of Chinese economic data, are being exacerbated by a much larger-than-expected drop in US consumer …

Despite objections from many members of his own party and allied labor unions, President Barack Obama for the first time paid more than lip service to a leftover Bush-era free trade agreement with South Korea, …