How Fannie and Freddie reign over the US economy
Photo Credit: Don Ryan / Associated Press
The sub-prime mortgage troubles continue to haunt the American economy, even after heating up tremendously just in the past quarter. As America’s banks fight with insolvency and a lack of credit, two mortgage powerhouses are also on the brink of going under. Fannie Mae and Freddie Mac have a [...]
Hyundai earnings expectations high on small car sales
Photo Credit: Tuning News
Hyundai is known for its compact cars meant for people on a budget. However, with oil prices sitting at $126 per barrel, people are opening up to the brand that focuses on smaller family cars and light sports cars. Net profit is expected to rise 3.4% while the total sales numbers should [...]
Traders love a lower oil price and consumer confidence numbers
With oil prices tanking from $147 to $123 per barrel, traders are eating up US equities but dumping oil stocks. If oil prices continue to fall, this will create a large disparity in the three major US indices. The Dow Jones Industrial Average and NASDAQ indices favor blue chip stocks and tech stocks; the S&500, [...]
Capitalize on gold potential in Chinese mining stocks
Photo Credit: Shandong Gold
Shandong Gold Mining released its first half profit figures, which where year-to-year five times higher due to greater output. The company is experiencing massive growth after buying five gold mines, while simultaneously cutting costs. High gold prices and demand for bullion around the world, as well as in Chinese electronics, made up [...]
The importance of trade surplus in every industry
When we watch the news pundits discuss the US economy, the biggest subjects revolve around the sub-prime real estate market, high inflation, and, of course, the growing trade deficit. Surely, the airline industry in the United States is doing poorly, but in China, it seems that everything is booming.
Photo Credit: Air China
Air China is growing [...]
Will the Olympics bring wealth to China?
The Olympic games are full of sponsorship possibilities, along with tourism, all injecting plenty of money into the events. But will the Olympics bring economic health to China or just more problems?
Inflation and the Olympics
Inflation continues to be a concern in China; the government reports very high inflation to the tune of 10% year over [...]
Tracking China through an ETF
Photo Credit: Telegraph UK
The exchange traded fund FXI was created to track the returns of China’s largest companies. Consider this ETF to be the version of the Dow Jones Industrial Average, which is made up of 30 of the largest stocks. Looking at the current price, it seems that China is cheap and only [...]
Japan musters up huge machine orders
Photo Credit: Bloomberg
Orders for Japanese-made machines were up ten times more than expected, showing that excess capital is making its way to capital goods orders. This kind of news is not only good for Japan, which has been fighting a stagnating economy and deflation, but is also good for the worldwide economy. Investments in [...]
Technical stock picking in a strange market
Photo Source: Today’s Seniors Network
The holiday-filled summer and geopolitical threats are turning the marketplace into a prediction center for all things political and slightly economic. Oil’s recent run to $147 was empowered by news of Iranian missile tests and worries of terrorism in other parts of the world. Prior to the large oil gains, [...]
Yuan rise slows Chinese manufacturing
Photo Source: Talent in China
It was inevitable hat the Yuan would eventually rise as the large trade surplus that China currently operates made its way back to businesses. As the Yuan has accelerated, the rise has slowed down the economy, indicate by the slowing of exports and manufacturing growth. Export orders are down for the [...]
