Survival News Network

Mr Dimon told investors at the Wall Street bank’s annual meeting that “there could be contagion” if a state the size of California, the biggest of the United States, had problems making debt repayments. “Greece itself would not be an issue for this company, nor would any other country,” said Mr Dimon. “We don’t really [...]

Mr Dimon told investors at the Wall Street bank’s annual meeting that “there could be contagion” if a state the size of California, the biggest of the United States, had problems making debt repayments. “Greece itself would not be an issue for this company, nor would any other country,” said Mr Dimon. “We don’t really [...]

The founding document of the United States, the Declaration of Independence, states that governments derive “their just powers from the consent of the governed.” Today, however, just 21% of voters nationwide believe that the federal government enjoys the consent of the governed.
A new Rasmussen Reports national telephone survey finds that 61% disagree and say the [...]

Investors worried about a severe U.S. swine flu outbreak this fall should consider stocks that rise when people hunker down at home and avoid companies that operate in crowded spaces.

That might mean selling shares in airline, hotel and cruise companies as well as mall-based stores that sell discretionary items. Buys may include healthcare stocks, online [...]

Investors worried about a severe U.S. swine flu outbreak this fall should consider stocks that rise when people hunker down at home and avoid companies that operate in crowded spaces.

That might mean selling shares in airline, hotel and cruise companies as well as mall-based stores that sell discretionary items. Buys may include healthcare stocks, online [...]

After a near six-month ascent, the U.S. stock market is more than likely headed for a pause as investors waited for signals to continue a rally that many now view as overdone in light of the still-shaky economy.

“We’ve had a great run here, but here’s five reasons to be concerned going into the fall,” said [...]

Two of America’s biggest banks, Morgan Stanley and Wells Fargo, on Wednesday threw into sharp relief the mounting woes of the US commercial property market when they reported large losses and surging bad loans.
The disappointing second-quarter results for two of the largest lenders and investors in office, retail and industrial property across the US confirmed [...]

Stock markets on both sides of the Atlantic tumbled on Thursday as investors took fright at a bigger-than-expected fall in US jobs last month that dashed hopes the recession was all but over in the world’s biggest economy.
The data showed that the number of people in employment fell 467,000 in June and the unemployment rate [...]

Equities, commodities and emerging market currencies suffered hefty losses on Monday as risk averse investors shifted to the perceived safety of the dollar, the yen and government bonds.
“Risk aversion has resurfaced as market participants take profits on riskier exposures amid the World Bank’s downward revision of its global growth forecast for 2009,” said Samarjit Shankar, [...]

Storage tankers across the globe may be brimming with oil that no one is buying because of the global economic downturn, but the traditional laws of supply and demand don’t always apply to oil prices. Drivers have faced rising prices at the gas pump in recent months, as investors and oil-producing countries hoard supplies in [...]

Must read piece, Via:   Hot Air
Two related stories signaled investors today to push the dollar lower in overseas trading last night.  First, former GAO chief David Walker notes a bond warning from Moody’s that US Treasury bonds may lose their top rating — and that could cost us dearly:

[...]

There’s more than 250 years separating Baron Benjamin de Rothschild from Bernard L. Madoff.
This isn’t an insignificant issue in Geneva where at least eight banks had about 10 billion Swiss francs ($8.8 billion) with Madoff, who pleaded guilty in March to masterminding a $65 billion Ponzi scheme. Investors are preparing lawsuits against firms that gave [...]

The depth and severity of this recession have humbled Federal Reserve Chairman Ben Bernanke, who sprinkled a lot of cautionary warnings into his otherwise hopeful testimony to Congress on Tuesday.
Investors may have cheered his assessment that the Fed expects “economic activity to bottom out, then to turn up later this year,” but his testimony can’t [...]

UBS on Wednesday confirmed investors’ worst fears with further heavy losses in the first quarter and a cull of more than 11 per cent of the Swiss banking group’s global workforce.
The steps, announced to shareholders at UBS’s annual meeting in Zurich, mark the first steps by Oswald Grübel to put his stamp on the bank [...]

Commodities prices surged on Thursday as investors sought protection against the risk of higher inflation by buying everything from oil and gold to copper and sugar.
Plans by the Federal Reserve to buy $300bn of US government debt triggered the stampede into commodities markets, which had suffered sharp price falls on worries that the world was [...]

Oil prices spiked 11 percent Thursday as rumors swirled that Russia would join OPEC in slashing crude production.
Benchmark crude for April delivery rose $4.77 to $47.10 a barrel on the New York Mercantile Exchange. In London, Brent prices gained $3.13 to $44.53 on the ICE Futures exchange.
Analyst and trader Stephen Schork said investors latched onto [...]

Source: FT.com
Stock markets in the US and Europe tumbled on Thursday after Chinese authorities failed to deliver a stimulus package expected by many investors and European central banks slashed interest rates in response to a worsening recession.
The global turmoil combined with continuing concerns about US banks – Citigroup fell below $1 a share at [...]

He must have read Wealth, War and Wisdom
Head for the Farm
The best bet for investors may be to buy a farm and escape from the cities, as a prolonged recession could lead to war, as the Great Depression did, said the Swiss national, who now lives in Thailand.
“Buy a farm and let your girlfriend [...]

He must have read Wealth, War and Wisdom
Head for the Farm
The best bet for investors may be to buy a farm and escape from the cities, as a prolonged recession could lead to war, as the Great Depression did, said the Swiss national, who now lives in Thailand.
“Buy a farm and let your girlfriend [...]

He must have read Wealth, War and Wisdom
Head for the Farm
The best bet for investors may be to buy a farm and escape from the cities, as a prolonged recession could lead to war, as the Great Depression did, said the Swiss national, who now lives in Thailand.
“Buy a farm and let your girlfriend [...]

 
A relentless sell-off in the stock market Monday blew through barriers that would have been unthinkable just weeks ago, and investors warned there was no reason to believe buyers will return anytime soon.
AP – People walk to work in the snow as they pass the flag-draped New York Stock Exchange Monday, March …
The Dow Jones [...]

US investors are facing the worst year for dividend cuts since 1938, Standard & Poor’s has forecast, as a growing tally of blue-chip companies across the globe slash pay-outs for investors.
HSBC and heavyweight US stocks PNC Financial and International Paper on Monday joined the list of companies that moved to save cash by cutting previously [...]

Source: The Associated Press
Investors’ sagging confidence has pulled the major stock market indexes to their lowest levels in over a decade. The Standard & Poor’s 500 index fell to April 1997 levels Monday, while the Dow Jones industrial average reached its levels of October 1997 as investors succumbed to their growing worries about a [...]

Source: FT.com
Global equities markets fell to levels not seen since November on Friday, with financial stocks taking the heaviest pounding.
A flight from risk in the wake of sustained selling on US makerts spread around the world, as investors sought safety.
Gold continued to trade around seven-month highs, over $985 an ounce. The metal, which is [...]

Source:  FOXBusiness.com
Gold futures rose Tuesday to end at the highest level in seven months near $970 an ounce, as investors seeking a safe haven against economic troubles bought into the metal. Gold for February delivery rose $25.50, or 2.7%, to end at $967 an ounce on the Comex division of the New York Mercantile Exchange, [...]

Source: FT.com
Investors are buying record amounts of gold bars and coins, shunning risky assets for the relative safety of bullion amid renewed fears about the health of the global financial system.
The US Mint sold 92,000 ounces of its popular American Eagle coin last month, almost four times that which it sold a year ago [...]

Source: MarketWatch
Gold futures rose Friday to their highest level in six months as investors sought the safety of the metal following government data that showed the U.S. economy contracted the most in 27 years during the fourth quarter.
Gold for February delivery was last up $19.90, or 2.2%, at $925 an ounce on the Comex division [...]

Source: MarketWatch
Gold futures rose Friday to their highest level in six months as investors sought the safety of the metal following government data that showed the U.S. economy contracted the most in 27 years during the fourth quarter.
Gold for February delivery was last up $19.90, or 2.2%, at $925 an ounce on the Comex division [...]

Source: MarketWatch
Gold futures rose Friday to their highest level in six months as investors sought the safety of the metal following government data that showed the U.S. economy contracted the most in 27 years during the fourth quarter.
Gold for February delivery was last up $19.90, or 2.2%, at $925 an ounce on the Comex division [...]

Source: FT.com
A German sovereign bond auction failed on Wednesday as investors shunned one of the most liquid and safe assets in the world in a warning for governments seeking to raise record amounts of debt to stimulate slowing economies.
The fate of the first eurozone bond auction of 2009 signals trouble ahead as governments around [...]

Source: Telegraph
The long-held assumption that US assets – particularly government bonds – are a safe haven will soon be overturned as investors lose their patience with the world’s biggest economy, according to Willem Buiter.
Professor Buiter, a former Monetary Policy Committee member who is now at the London School of Economics, said this increasing disenchantment [...]

Source: washingtonpost.com
With President-elect Barack Obama and congressional Democrats considering a massive spending package aimed at pulling the nation out of recession, the national debt is projected to jump by as much as $2 trillion this year, an unprecedented increase that could test the world’s appetite for financing U.S. government spending.
For now, investors are frantically [...]

Source: The Associated Press
A fund manager who lost more than $1 billion of his clients’ money to Bernard Madoff was discovered dead Tuesday after committing suicide at his Manhattan office, marking a grim turn in a scandal that has left investors around the world in financial ruin.
Rene-Thierry Magon de la Villehuchet was found sitting [...]

Source: Bloomberg.com
Treasuries rose, pushing rates on the three-month bill negative for the first time, as investors gravitate toward the safety of U.S. government debt amid the worst financial crisis since the Great Depression.
The Treasury sold $27 billion of three-month bills yesterday at a discount rate of 0.005 percent, the lowest since it starting auctioning [...]

Source: FT.com
General Electric aims to shore up confidence in its financial arm on Tuesday during a conference call with investors, some of whom fear the forum might also be used to temper expectations for next year’s earnings.
The conglomerate’s shares fell 9.7 per cent on Monday amid concern that the overview, which was announced less [...]