Market Overview

It is well documented that picking individual stocks is a losing proposition. So I do not put much stock in investment recommendations, even my own. As noted in an earlier piece, 670 of the largest...

New data shows Ireland has officially climbed out of recession again this year. The release of figures from the Central Statistics Office (CSO) revealed growth of 0.4 percent in the second quarter of...

Market MoversThe Fed surprised the markets yesterday as it did not reduce the monthly bond buying -- basically, the recent tightening of financial conditions will be not allowed to continue given the...

The FOMC refrained from tapering any asset purchases last night with the following statement from Bernanke seen as super dovish taking a line I’m still in charge and whilst I am I’ll do it...

The UK's growth forecast has been upgraded by the Bank of England, in another positive sign that the country's economy is on the rise.It was confirmed in the latest minutes of the Monetary Policy...

When it comes to emerging markets, director of research John Derrick has become the “go-to” guy for VoiceAmerica’s “Emerging and Frontier Markets Investing with Gavin...

Existing Home Sales for August reported in at 5.48 millionPhiladelphia Fed for September reported in at 22.3.Leading Indicators for August reported in at 0.7%.

Thursday is a busy day for economic news, including the August report on retail sales for the UK. Later, we’ll see new data for the UK CBI Industrial Trends Survey and US initial jobless claims....

The Fed clearly disappointed expectations with its decision not to slow its asset purchases, but the Financial Times may have gone a bit too far with its headline suggestion that the Fed blinked.The...

We’ve all read innumerable times that we learn more from failure than from success. Well, that’s not quite accurate. The sentence should probably read: “Failure provides a better...

CurrenciesThe euro (EUR) is on a high of 1.3530 after Fed Chairman, Ben Bernanke, postponed US tapering of asset purchases. There is no hint as to when the US may stop or limit its quantitative...

Financial markets were rocked by the FOMC's decision to keep the pace of asset purchases unchanged at $85b a month overnight. DOW rose 147.21 pts to close at new record high of 15676.94. S&P 500...

The Fed's failure today to announce some sort of tapering of its QE program, despite the consensus of an overwhelming percentage of economists who expected action, once again reveals the degree to...

Housing starts inched ahead in August to 891,000 from 881,000 in July (seasonally adjusted annual rate), the US Census Bureau reports. The August number was quite a bit lower than the consensus...