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Added topic What to watch for in 13F filings from Buffett, Soros, and other players this week
Did any high-profile investors scoop up beaten down Apple AAPL -0.06% shares during the first quarter or make contrarian buys of stock-market lagging cyclical companies? Those answers will come to light by Wednesday evening. It’s the regulatory
thenews
Added topic Don Coxe: Buying Gold May Have Downside Risk, “But The Upside Is Going To Be Enormous
Legendary investor Don Coxe, Chairman of Coxe Advisors LLP, and former advisor to the $540 billion BMO Financial Group, issued a powerful new commentary entitled, “Money Makes the World Go Round”. In this updated piece, Don spoke to the staggering
thenews
Added topic German Gross domestic product slightly up in 1st quarter of 2013
The German economy is slow in gaining momentum. Compared with the previous quarter, the gross domestic product (GDP) increased by 0.1% in the first quarter of 2013 after adjustment for price, seasonal and calendar variations. One of the reasons for
thenews
Added topic US Producer prices post biggest drop in three years
Producer prices recorded their largest drop in three years in April as gasoline and food costs tumbled, pointing to weak inflation pressures that should give the Federal Reserve latitude to keep monetary policy very accommodative. The Labor
thenews
Added topic Why Gold And Apple Are Tanking At Exactly The Same Time
Apple is down 2%. The big gold ETF, GLD, is down 1.4%. These moves are happening on a day when the market is basically flat. It's not an accident that they're diving together. The reason is: During the immediate post-crisis era, gold and Apple were
thenews
Added topic 10 Things You Need To Know Today
Here's what you need to know. Asian markets were mixed in overnight trading with the Shanghai Composite up 1.2%, its best day since May 3. Europe is mixed and U.S. futures are modestly lower. Japanese Q1 GDP increased 3.5% year-over-year, beating
thenews
Added topic Jobless Claims in U.S. Jump to Highest Level in Six Weeks
More Americans than projected filed applications for unemployment benefits last week, which may raise concern the slowdown in economic growth is prompting an increase in firings. Jobless claims jumped by 32,000 to 360,000 in the week ended May 11
thenews
Added topic The World's Central Banks Added To Their Gold Stockpiles Even As Prices Tumbled
Gold prices are down about 12.5% since the start of April. But global central banks have been increasing their reserves of the yellow metal. A new report from the World Gold Council shows that central banks bout 109 tonnes of gold in the first
thenews
Added topic Gold Seen Crushed as Credit Suisse Forecasts $1,100 in Year
Gold, down 17 percent since January, is poised to lose 20 percent in a year as inflation fails to accelerate and with the worst risks to the global economy waning, Credit Suisse Group AG said. Gold will trade at $1,100 an ounce in a year and below
thenews
Added topic G-7 Reaffirms Commitment Not to Target Currencies as Yen Slides
Global finance chiefs reaffirmed their three-month old commitment not to manipulate currencies, signaling acceptance of the weakest yen in four years. Finance ministers and central bankers from the Group of Seven today agreed “not to target exchange
thenews
Added topic THE REAL REASON INVESTORS HATE BEN BERNANKE: He's Costing Them Money
In recent weeks, a chorus of big-name investors have taken to the media to rage against the "loose money" policies of the Federal Reserve and Ben Bernanke. Bernanke, these investors rant, is ruining the country. Benanke's policies are debasing the
thenews
Added topic G7 to press on with bank reforms, Japan escapes censure
Group of Seven finance officials agreed on Saturday to redouble efforts to deal with failing banks and gave a green light to Japan's drive to galvanise its economy. British finance minister George Osborne said the finance ministers and central
thenews
Added topic The Oil and Gold Booms Are Over
The wreckage caused by China’s great, juddering slowdown continues to spread far beyond the country’s shores. Although most commodities enjoyed a bounce on May 3, after better-than-expected U.S. employment data, the plunge in their prices over the
thenews
Added topic G-7 Focus on Bank-Rule Overhaul to Reduce Stability Risks
Group of Seven finance ministers and central bankers said they are moving toward revamping banking rules and ensuring that any lender on the brink of failure can be shut down without threatening financial stability. An “extensive discussion on
thenews
Added topic G7 agree to target tax evasion and avoidance
The G7 group of industrialised nations have agreed that there must be collective action against tax evasion and avoidance, the UK's finance minister has said. Chancellor George Osborne said after the talks that it was "incredibly important" that
thenews
Added topic Wall Street Week Ahead: 'Sell in May and Go Away?' Not This Year
With the Dow and the S&P 500 setting another string of record closing highs this week, the old Wall Street adage "Sell in May and Go Away" is starting to look weak. Closing out the second week of May, the Standard & Poor's 500 index is up 2.3 percent
thenews
Added topic Retail Sales Probably Declined in April: U.S. Economy Preview
Retail sales probably fell in April for a second consecutive month and manufacturing stalled, indicating the world’s largest economy is cooling, economists said before reports this week. The 0.3 percent drop in purchases would follow a 0.4 percent
thenews
Added topic Gold Bears Pull $20.8 Billion as BlackRock Says Buy
Hedge funds increased bets on lower gold prices after investors pulled a record $20.8 billion from bullion funds this year while BlackRock Inc. (BLK), the world’s biggest money manager, said it’s still bullish. Speculators held 67,374 so-called short
thenews
Added topic Dollar climbs to 4 1/2 yr high of 102 yen after G7, further gains eyed
The yen fell below the 102 level to the dollar on Monday after Tokyo escaped direct criticism of its aggressive monetary easing programme at the Group of Seven meeting over the weekend, putting the Japanese currency on track for further declines in
thenews
Added topic Euro falls, German Bunds rise after ECB's Visco rate comments
The euro fell against the dollar on Monday while German Bund futures rose after European Central Bank policymaker Ignazio Visco said if the euro zone economy needed more help, the deposit rate could be cut to negative territory. The euro fell to