| Global Interest Rates | |||
Australia |
7.25% | ||
Canada |
3.5% | ||
EMU |
4% | ||
Japan |
0.5% | ||
Swiss |
2.75% | ||
England |
5% | ||
US |
2.25% | ||
Over the past four days, global investors took flight like our common loon does in the fall, and they sent world markets of various kinds reeling. Their flight is no longer one headed towards other assets or safe havens; it is merely a plain flight for the exit signs. (Today 10:03 AM EST)
Selling swept across Wall Street for a second straight session Friday on news that the economy shed jobs for the eighth straight month in August and at a faster-than-expected pace. (Today 10:02 AM EST)
World stock markets fell sharply Friday in the wake of a sell-off on Wall Street amid mounting concerns about a slumping U.S. economy and its impact on global growth. (Today 9:20 AM EST)
The above adage is well known by precious-metals investors; in fact I used this quote in one of our monthly reports. I recall how many inquiries we received, asking if indeed I thought this summer (2008) would show the pattern similar to most summers for the precious metals. At times I questioned which direction the metals would break, bu... (Today 7:34 AM EST)
The above adage is well known by precious-metals investors; in fact I used this quote in one of our monthly reports. I recall how many inquiries we received, asking if indeed I thought this summer (2008) would show the pattern similar to most summers for the precious metals. At times I questioned which direction the metals would break, bu... (Today 7:34 AM EST)
Japanese shares buckled Friday under the weight of mounting bad news on the U.S. economy that triggered a sell-off on Wall Street overnight. The benchmark Nikkei 225 index shed 345.43, or 2.75 percent, to 12,212.23--its lowest closing level since March 18. The broader Topix lost 2.56 percent to 1,170.84. (Today 6:52 AM EST)
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