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Federal Reserve Must Implement QE3, Says NIA (FULL TEXT)

Bernanke testifies on Capitol Hill in Washington
Gold is the world's most stable asset and the best gauge of inflation. The National Inflation Association (NIA) says this brand new breakout in the price of gold leads us to believe that the Federal Reserve is getting ready to unleash QE3 at the end of June.

World Market Overview 04/05/2011

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U.S. blue-chip stocks eked out small gains Monday in the lightest trading volume all year, but other major indexes finished flat as the technology sector sagged.
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iPad 2 Keeps Apple Ahead

Barclays Capital said its sales estimates for iPad 2 are likely conservative for Apple Inc.'s March quarter because of early shipment date. The brokerage still expects that competitors will find it tougher to compete with Apple in tablets than in phones given the integration of iTunes and Apple’s expertise in design and battery life.

There Are No Good Outcomes in The Oil Game

There are no good outcomes, only bad, really bad, and catastrophic. Take your pick. Could gas prices drop below $3.00 per gallon if the world sinks back into recession? Yes. But it would only be momentary. The easy to access supply is dwindling. The medium and long term direction of gas at the pump is up. There is nothing that can be done in the next five years to prevent significantly higher oil prices.
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World Market update Feb 23.

U.S. stocks plunged and oil prices surged on growing fears that Libya may descend into a civil war after Colonel Moammar Gaddafi warned that he would never give up his power and would rather die a “martyr.” The concerns about Libya vastly overshadowed some surprisingly good consumer confidence data in the U.S.

World Market Wrap 23/2/2011

U.S. stocks plunged and oil prices surged on growing fears that Libya may descend into a civil war after Colonel Moammar Gaddafi warned that he would never give up his power and would rather die a “martyr.” The concerns about Libya vastly overshadowed some surprisingly good consumer confidence data in the U.S.
Shoppers cart their purchases from a Wal-Mart store in Alexandria, Virginia  November 12, 2009

Wal-Mart domestic sales dip again, shares down

Shares of Wal-Mart Stores fell nearly 4 percent in early trade after the world’s largest retailer a seventh straight quarterly decline in U.S. comparable-store sales, saying some of the pricing and merchandising issues ran deeper than it initially expected.
Shopping carts are seen outside a Wal-Mart Supercenter in Coolidge

Wal-Mart US sales disappoint, shares fall

World’s largest retailer Wal-Mart Stores Inc reported a 1.8 percent fall in U.S. comparable-store sales for the fourth quarter even as it posted a 27 percent rise in quarterly profit.
China fines Carrefour, Wal-Mart a combined $1.5 mln

China fines Carrefour, Wal-Mart a combined $1.5 mln

China has fined retail giants Carrefour SA and Wal-Mart Stores Inc a combined 9.5 million yuan ($1.5 million) for manipulating product prices in some of their stores, the country's top economic planner said on Tuesday.
Traders work on the floor of the New York Stock Exchange

US futures decline on Libya unrest

Futures on major U.S. stock indices point to lower opening on Tuesday, following declines in European and Asian stock markets as continued political unrest in the Middle East weighed on the sentiment.
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US stock futures plunge amid Libyan unrest

Futures on major U.S. stock indices point to lower opening on Tuesday, following declines in European and Asian stock markets as continued political unrest in the Middle East weighed on the sentiment.
Internet slowly kills traditional bookstores

Borders Files for Bankruptcy; Stock Plunges 25 pct

The second largest U.S. bookstore chain Borders Group Inc. (NYSE: BGP) filed for Chapter 11 bankruptcy protection as its book sales started sinking in 2008, 2009, and in each quarter of 2010 even after management changes, job cuts and debt restructuring.
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World Market Overview 15/2/2011

U.S. stocks ended narrowly mixed as investors appeared to be underwhelmed by President Obama’s budget proposal, while unrest in the Middle East has spread to Iran and even Bahrain.
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Stocks yawn at Obama budget proposal

Stocks finished narrowly mixed as investors appeared to be underwhelmed by President Obama’s budget proposal, while unrest in the Middle East has spread to Iran and even Bahrain.

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