Apple bulls have been pinning their hopes on China, but Apple has been losing its ‘cool’ factor in China. Only time will tell if Apple mania in China will go the way of other fads.
The Wall Street Journal reports that ...
DOWNGRADE A POSITIVE FOR 3 BANKS
On Thursday, Moody's downgraded 15 banks.
On the surface it seems counterintuitive, but the downgrade is positive for JP Morgan (JPM), Morgan Stanley (MS) and Bank of America (BAC) . My 30 years in markets have ...
WHY I AM DIPPING MY TOE IN EUROPE
I have a bad habit of regularly studying a wide variety of boring documents ranging from central bank reports to obscure economic indicators. Lately, it has been difficult to find anything positive about Europe. Since ...
BIG EUROPEAN BANK FAILURE AVERTED: WHAT CENTRAL BANKS DID NOT TELL US
It appears that a big European bank got close to failure last night. European banks, especially French banks, rely heavily on funding in the wholesale money markets. It appears that a major bank ...
DRAGHI CHANGES THE GAME FOR STOCKS, GOLD, SILVER AND OIL
It turns out that Mario Draghi is Super Mario. Mario Draghi is an ex-central bank governor of Italy who just took over from Jean-Claude Trichet the presidency of the European Central Bank (ECB).
In a surprise ...
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