Trading

Harry Sloan

Harry Sloan is the Chairman and Chief Executive Officer of Global Eagle Acquisition Corporation, a publicly traded (EAGLU:Nasdaq) special purpose acquisition company (“SPAC”) formed for the purpose of making an acquisition of a media or entertainment business. Sloan created the venture in February, 2011 with former CBS and Sony Pictures Entertainment President Jeff Sagansky, who […]

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Why Should You Invest in BRICs?

Few financial ideas have caught on as rapidly as “BRICs,” which stands for Brazil, Russia, India and China, the “Big Four,” fast-growth economies on the earth at present. Goldman Sachs economist Jim O’Neill coined the phrase back in 2003, and it at present has come into widespread use as a symbol of a shift in […]

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Good Gains Didn’t Last Long in the Stock Market

While last week’s stocks provided a good boost to the economy, the last day proved to be a miserable one for the stock market. The stock closed mostly lower as compared to last week’s gains, with gold and oil prices moving downward. The stocks got lowered mainly due to low trading as the bond market […]

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Bankers in Denial

Denial is a ubiquitous psychological defense mechanism. It involves the repression of bad news, unpleasant information, and anxiety-inducing experiences. Judging by the German press, the country is in a state of denial regarding the waning health of its economy and the dwindling fortunes of its financial system.Commerzbank, Germany’s fourth largest lender, saw its shares decimated […]

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Stock Market Indices and the Stock Exchange

The analogy of the world’s stock markets can perhaps be traced to the town market place, where all villagers brought their goods to trade and sell. Over centuries this has led to the present stock exchange. Stock market trading in the United States can be traced back to over 200 years ago, when the colonial […]

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Measuring The Stock Market

Every day we hear numbers that evaluate the stock market’s performance, such as the Dow Jones Industrial Average or the NASDAQ Composite Index. There are a myriad of market indices, and it may seem like they are all measuring the same thing. However, each index evaluates the market in a different way. His team specializes […]

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Europe Is A Bigger Problem Than The Slowing US Economy!

Here’s the problem in just a handful of words.Germany is Europe’s strongest economy. Yet even its Purchasing Manager’s Index (PMI) fell to 46.2 in April from 48. To meet the requirements of the bailout, Greece’s government must come up with an additional $15 billion in spending cuts by June 4 in March. Any number below […]

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Are Rescue Efforts Too Late To Prevent A Global Recession?

Economic growth continues to slow at an accelerated pace globally, not just in Greece and Spain, and other euro-zone countries in the headlines, but in the world’s ten largest economies of the U.S., China, Japan, Germany, France, the United Kingdom, Brazil, Italy, India, and Canada. The 17-nation eurozone as a whole is already in a […]

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More Impetus For Summer Correction!

Another week of economic reports adds to the likelihood of a summer correction in the stock market again this year, and even to the possibility that it has already begun. After four or five months of surprisingly strong economic reports that fueled the rally off the October low, it looks like the U.S. economic recovery […]