0.0 00 Just a short time ago, Reserve Bank of Australia shocked financial markets, especially the Forex market, when the cut their prime lending rate 25 basis points from 2.50 percent to 2.25 percent. Economists, including …
Read More »Quantitative Easing, Why it Does Not Work
0.0 00 Since normal macroeconomic policy, or theory, started to fail, we have seen a number of unconventional policies, like quantitative easing (QE) emerge. However, QE has failed to jumpstart inflation or even growth. In fact …
Read More »Amazon Soars over 12% after Shattering Forecasts
0.0 00 Overnight, the earnings season continued as Amazon.com (AMZN: Nasdaq) released its numbers. Thanks to holiday sales, which climbed 15 percent, the earnings shot through the roof sending the company’s shares soaring nearly 14 percent …
Read More »Where is the Profit at Samsung? There is None….
0.0 00 Samsung Electronics (593-KR), the maker of the Galaxy S phones, came out with its annual earnings today. The electronics giant showed its first annual earnings decline in three years. Strong semiconductor earnings failed to …
Read More »Apple Stuns Wall Street with a Blowout Quarter
0.0 00 Yesterday, the maker of iPhone, Apple (AAPL: Nasdaq), announced its quarterly earnings. The numbers reported blew away, not only the company’s guidance, but analyst expectations. Apple sold nearly 9 million more iPhones than expected. …
Read More »Yahoo Sells its Stake in Alibaba
0.0 00 Late last night, Yahoo (YHOO: Nasdaq) announced they would spin off their massive stake in China’s internet e-commerce giant Alibaba (BABA: NYSE). This could save the job of their embattled CEO Marissa Mayer who …
Read More »Social Media Mess!! Facebook and Instagram go Down
0.0 00 Would seem two social media giants, Facebook (FB: NYSE) and Instagram went offline for a brief period this morning in Europe, the Middle East and Europe. The outage affected both desktop and mobile sites. …
Read More »Microsoft’s Earnings Slide and So Does its Stock Price
0.0 00 Yesterday, the technology and software giant Microsoft (MSFT: Nasdaq) came out with its earnings. They showed in a fall in quarterly profit in line with expectations. The slowdown in computer sales has put downward …
Read More »International Consolidated Airlines Group Buys Aer Lingus for £1 Billion
0.0 00 International Consolidated Airlines Group, or IAG, (IAG-GB) has finally, after months of trying, bought Irelands Aer Lingus (EIL1-IE Irish Stock Exchange) for £1 Billion or nearly $1.5 billion in cash. Investors are now going …
Read More »Syriza Party’s Win Will Keep Markets on the Edge
0.0 00 The risk of a sovereign debt default in Greece has increased. The far left anti-austerity party Syriza has won the elections. This victory will increase the probabilities that Greece will exit the Eurozone. This …
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