SubscribeAll Posts Tagged With: "economic outlook"
The Corporate Profit Plunge And Venture Capital Victors
What a difference 10 months makes…
A story in Bloomberg this morning states that back in March, Wall Street analysts projected a 55% rise in fourth quarter corporate profits.
I’ve heard of being full of the joys of spring, but that’s ridiculous. The seeds of the financial sector crisis and credit crunch were planted well before then. And March was essentially the month that then brought the severity of the problem into the public eye when once-massive investment bank Bear Stearns collapsed under a sea of bad debts.
Today, those same analysts, who Bloomberg says underestimated the profit drop of S&P 500 companies…
21Jan2009 | Smart Profits Report | 0 comments | ContinuedFederal Reserve to Buy Commercial Paper to Free Up Frozen Market
In a bold move to provide stability to the frozen short-term credit markets, the U.S. Federal Reserve yesterday (Tuesday) announced new measures aimed at boosting liquidity and allowing corporations to maintain daily operations.
But the U.S. markets were less enthusiastic about the Fed’s new measure. Slight gains in early morning trading quickly reversed course to plunge much lower.
At the New York close, the blue-chip Dow Jones Industrial Average Index plunged 508.39 points, or 5.11%, to close at 9,447.11. The tech-laden Nasdaq Composite Index plummeted 108.08 points, or 5.80%, to close at 1,754.88. And the broader Standard & Poor’s 500 Index dived 60.66 points, or…
8Oct2008 | Money Morning | Comments Off | ContinuedFed Policymakers Forced to Balance Weak Growth and High Inflation at Tomorrow’s FOMC Meeting
Already forced to deal with the competing and contradictory challenges of a slowing economy and escalating inflation, U.S. Federal Reserve policymakers will now also have to factor a deteriorating labor market and big drop-off in consumer spending into their interest-rate deliberations when they meet tomorrow (Tuesday).
“There’s a big question mark over the performance of the economy over the next six months,†John Lonski, chief economist at Moody’s Investors Service Inc. (MCO) in New York, told Bloomberg News. “We have to be braced for a decidedly slower pace of consumer spending.â€
Only a month ago, the economic outlook was much more upbeat.
Story continues…
15Sep2008 | Money Morning | Comments Off | ContinuedSpecial Report: Six Ways to Profit From the One-Two Punch of Soaring Oil Prices and Zooming Inflation
Oil prices have resumed their northward climb. And inflation has returned to the American lexicon for the first time in decades.
For U.S. consumers, there’s no way to dodge the financial fallout of that economic one-two punch.
But for U.S investors willing to make some shrewd moves now, Money Morning can show you six ways to offset that high-priced pain with some profit plays that will continue to rise in value as oil prices and inflationary pressures continue to escalate.
Let’s first understand the battlefield we’re going to use for our profit-generating counterattack.
Escalating Energy and a Diving Dollar
Crude oil for July delivery traded as…
9Jun2008 | Money Morning | Comments Off | Continued
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