Here’s a quick, executive summary of stories from this trading week, with a link to the full articles online.
A ‘Full House’ Buy Alert
Morgan Stanley has issued a “full house” buy alert on international stock markets for the first time since early 2009, effectively calling the bottom of this summer’s equity slump. Find out what Jon Markman has to say about the firm’s prediction of where stocks go from here.
More Big Losses Coming for Miners
Mining companies should never be bought or sold based on price-to-earnings ratios, writes Larry Edelson. Read here for the 10 alternative factors you should be basing your decision on.
Gold has not bottomed yet, though the top 10 miners in the world have lost 90 percent of their value. |
ETF Breakdown in the Mini Flash-Crash of ’15
On Monday, Aug. 24, global stock markets were in panic mode. But for retail investors, the panic was magnified by a near breakdown in trading for many Exchange Traded Funds. Find out what caused the “flash crash” and how you can avoid it in the future, according to Mike Burnick.
Fed Gathering Looms: What Awaits Us?
Some economists say Fed Chairman Janet Yellen has enough evidence of a significantly improved economy to raise rates, while others, including the World Bank, see global volatility as a reason to postpone. Mike Larson explores both sides.
The Week’s Hot News
Money and Markets columnist Mike Larson takes a look at key financial and political events around the globe after the market close. Here are the week’s highlights:
Fantasy Football and Real-Life Market Shutdowns
Scouring player reports, researching sleepers and busts, coming up with a rock-solid draft strategy, deciding which players are worth paying for and which aren’t, making trades and lineup changes during the year — it’s kind of like building a portfolio. But there are crucial differences. Mike explains what they are.
Volatility Hits Extremes as Asia Fights Back Against Sellers
After tanking for weeks on end, Japan’s Nikkei 225 Index reversed course and soared almost 8 percent overnight — a two-day rally of more than 1,350 points. But wild fluctuations like this are NOT normal. Mike tells you why.
Markets Spinning Off Their Axes — Buckle Up
After 77 months of a bull market, 6½ years of easy money and years of big money investors mindlessly following central banks, things are taking a turn for the worse. Mike tells you about the three markets he’s watching that have him most concerned.
Best wishes,
The Money and Markets Team