Two contrasting statements are hitting the front pages today. On one side of the Atlantic, deflation has arrived in the U.K. High Streets. A report from British Retail Consortium (BRC)-Nielsen Shop Price Index shows that …
Read the full story »Near?Term Selling Pressure Near Exhaustion?FXstreet.com The Forex MarketThe financial sector has joined the commodity sector in a big way in a bear market. These stocks are all very broken and could use a bounce to …
China Stocks Rise on Commodity Demand Outlook; Shippers RallyBusinessWeekThe Shanghai Composite entered a bear market on May 11 after falling 20 percent from its Nov. 23 high. The government has ordered banks to sets aside …
China ‘Mispricing’ to Correct, Morgan Stanley Says (Update2)San Francisco ChronicleThe gauge entered a so- called bear market after having retreated 21 percent from last year’s high. The MSCI China also dropped 2.9 percent. …
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China ‘Mispricing’ to Correct, Morgan Stanley SaysBusinessWeek(Updates to add Hang Seng China Enterprises Index entering a so-called bear market in sixth paragraph.) By Shiyin Chen May 25 (Bloomberg) — Chinese stocks …
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Sell in May and go away may seem like a silly Wall Street saying. But if you actually followed those words of wisdom, you’d be breathing a lot easier right now.