Asia’s Dr. Gloom: China's Stocks Will Crash Soon

Asia’s Dr. Gloom: China's Stocks Will Crash Soon Wednesday, 21 Jul 2010 08:37 AM Article Font Size By: Dan Weil Economist Jim Walker was dubbed Asia’s “Dr. Gloom” in 1996, and his views about China continue to fit that bill. Chinese fiscal and monetary stimulus have given life to many corporations that are in trouble below the surface, says Walker, whose one-man firm Asianomics is based in Hong Kong. "There are an awful lot of companies that don't make any money in China, and they need to go," he told Forbes Asia. Major manufacturing cities are suffering labor shortages, thanks...

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Apple's Biggest Fear

Apple's Biggest Fear By: David Sterman Staff Writer StreetAuthority Published: July 13, 2010 In the land of consumer technology, it's hard to stay as the king of the hill. Two decades ago, Sony (NYSE: SNE) ruled the roost, with its hot-selling Walkmans and Trinitron TVs. About a decade ago, Nokia (NYSE: NOK) looked poised to dominate the global cell phone market, and more recently, Motorola's (NYSE: MOT) RAZR set that company up for a long-term run as a consumer favorite. All those companies can now be seen in Apple's (Nasdaq: AAPL) rear-view mirror. With each passing year, Apple's brand only...

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U.S. stock futures stumble on China jitters

June 29, 2010, 7:41 a.m. EDT U.S. stock futures stumble on China jitters By Steve Goldstein, MarketWatch LONDON (MarketWatch) -- U.S. stock futures slumped Tuesday, with worries over Chinese and global economic growth in the spotlight ahead of the release of key indicators later in the week. S&P 500 futures fell 14.8 points to 1,056.00 and Nasdaq 100 futures fell 28.5 points to 1,807.50. Futures on the Dow Jones Industrial Average declined 123 points. /snip Worries on Tuesday were focused on China, which has barely any outstanding debt, as the Conference Board sharply revised lower its April leading economic indicator...

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Wall Street Is Beating a Dead Bull

Wall Street Is Beating a Dead Bull Adam Lass, Senior Editor, WaveStrength Options Weekly Thursday, June 03, 2010 tWall Street is drinking its own Kool-Aid when it tells you that the financial markets will jump 27%. The disconnect would be truly wonderful – if it weren't so truly awful. We have come to expect the "Axis of Error" – the propaganda colossus that is Washington and Wall Street – to do its level best to obscure the risks an investor undertakes should they choose to buy into this financial market. From an absolutist's point of view, it's foul, underhanded and...

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Against the Odds, BP Analysts Stand By the Stock (Who will consider buying BP stocks now ?)

It seems hard to fathom, but Wall Street is staying bullish on British Petroleum (BP). Which raises the question: Are these analysts overly optimistic about how BP will survive the largest oil spill in U.S. history? Scientists from the U.S. Geological Survey currently estimate the amount of oil pouring out of BP's damaged Gulf well at about 12,000 to 19,000 barrels a day, much higher than the company's initial calculation of 5,000 barrels. This spill is already much worse than the Exxon Valdez's Alaska accident in 1989. Despite the rising tide of public anger and hostility toward BP -- and...

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Disney Insider Trading Scandal Fuels Chatter About ABC Sale

The insider trading scandal that erupted at The Walt Disney Co. (DIS) on Wednesday led to more speculation that the media giant is considering a sale of its ABC broadcast network, although the company denied that negotiations are taking place. Shares of Disney rose 2.3% to $33.07 Wednesday after reports that Bonnie Hoxie, administrative assistant to Zenia Mucha, the company's head of communications, was arrested in Los Angeles along with her boyfriend, Yonni Sebbag. The two were charged with trying to sell insider information, including word that Disney Chief Executive Robert Iger was in "serious and advanced negotiations with two...

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Stocks set for big selloff (Dow future: -218)

Stocks set for big selloff By CNNMoney.com staffMay 25, 2010: 7:25 AM ET NEW YORK (CNNMoney.com) -- U.S. stocks were poised to fall sharply at Tuesday's open as a selloff in global markets rattled confidence. Dow Jones industrial average (INDU), S&P 500 (SPX) and Nasdaq (COMP) futures were down about 2%.

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UK: Market sell-off fears over political impasse

Traders are braced for a sell-off on London markets today after the failure of Conservative and Liberal Democrats to finalise a deal to form a coalition government. Traders work on the trade floor at IG Markets in London Analysts hoped that European Union moves to agree a €110bn (£95bn) emergency funding package for vulnerable euroland economies, including Greece, would cushion fears over policy drift in a hung parliament. However, jitters remain after EU agreement on a larger bail-out package proved elusive and finance ministers declared war on the "wolfpack" behaviour of financial markets attacking the euro. Analysts and business leaders...

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What’s Wrong With Finanical Reform

It is common knowledge that the large financial institutions led us into he economic mess that we are in. Not really true, exactly, but still widely believed. There is no doubt that they were a contributing factor. Therefore, don’t we need to reform Wall Street? Doesn’t government need to get in there and make things better for Main Street. Isn’t it right that the Democrats stand up for the little guy (us) and fix Wall Street so that we do not have another broken economy? No. I am against the President’s Reform of Wall Street Bill for several simple reasons:...

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How will the markets respond to the passage of Obama Care?

Just wondering how Freepers think the stock market (and stock markets around the globe) will respond to the passage of Obama's "health insurance reform"? I was looking to see if the markets in Asia had opened yet and if they were reacting but I don't think so.

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"The trick in life is learning how to deal with it."

by Helen Mirren

This Day In History

Trinidad: island in the Caribbean was discovered by Christopher Columbus (1498)