http://mobile.reuters.com/article/businessNews/idUSBRE83D00A20120415 Wall Street Wk Ahead: Stocks to track earnings with eye on Europe By Chuck Mikolajczak and Caroline Valetkevitch NEW YORK (Reuters) - After suffering their worst two weeks of the year, stocks will look to quarterly earnings to determine whether the recent pullback has been exhausted or more losses are justified. Alcoa Inc (AA.N) opened the earnings season with a bang, reporting a first-quarter profit on Tuesday instead of the expected loss. That positive surprise foretold a trend. Of the 32 companies in the S&P 500 that have reported earnings so far, Thomson Reuters data showed that 75 percent - or two dozen - have beaten Wall Street's expectations. This week will start one of the busiest weeks of the quarterly earnings reporting period. About 86 companies in the Standard & Poor's 500 are expected to post results, according to Thomson Reuters Director's Report. At Friday's close, both the Dow Jones … [Read more...]
Wall Street Wk Ahead: Stocks to track earnings with eye on Europe | Article | Business | Reuters.com
Spain again to test investors’ nerves
http://mobile.reuters.com/article/idUSBRE83C11J20120413?irpc=932 Spain again to test investors' nerves By Richard Hubbard LONDON (Reuters) - The euro zone crisis is flaring up and debt auctions by safe-haven Germany and current bad boy Spain in the coming week will provide a gauge how far investor sentiment has changed since the shock and awe of recent ECB liquidity injections has worn thin. Protecting the world economy from the euro area's debt crisis will top the agenda at the International Monetary Fund spring meeting in Washington at the end of the week, just as quarterly U.S. corporate earnings begin to reflect some improvements coming through in economic activity. Eyes will also be on the outcome of the first round of the French presidential election on April 22, and March data on the health of U.S. retail sales and industrial production. But it is the debt markets that are expected to hold the key to investor sentiment. "Macro factors will continue to dominate because … [Read more...]
Europe and Spain is smaller blueprint for US debt crisis
The debt crisis is being played out publicly in Europe, and the play is country by country in the Euro Zone. The recent debt negotiation by Greece with its creditors was not enough to stave off any additional crisis in the short term. Spain's issues are now coming to the forefront in the sovereign debt crisis. Recent bond offerings by Spain have been received poorly. Refinancing of Spain's debt is essential to keep the country solvent in 2012, and the poor performance of Spain's bond offerings have moved this country solvency to the forefront. What does debt do in a society like Greece or Spain? Are we seeing the same impact in America? When is the tipping point for Europe and America? America is the world's reserve currency and dominates the world's financial system, and we are able to kick the debt can along longer without consequences being realized quickly as in the Eurozone. Basically, America can print more money if needed. It is unwise but a tool at the country's disposal. … [Read more...]
Debt crisis: as it happened, April 4, 2012 – Telegraph
http://www.telegraph.co.uk/finance/debt-crisis-live/9184585/Debt-crisis-Live.html Debt crisis: as it happened, April 4, 2012 The ECB has left interest rates unchanged at 1pc. Photo: AP By Matthew Sparkes and Amy Wilson Last Updated: 9:09PM BST 04/04/2012 Markets slide on concerns about eurozone as ECB head Draghi says debt crisis and oil prices pose downside risk to region, and Fed indicates less chance of more QE. • Markets fall on fears for Spain and eurozone growth • ECB leaves interest rates unchanged at 1pc • Spanish borrowing costs rise at bond auction • Services data suggests UK escaped double-dip recession • Fed sees less chance of more QE, sends shares lower Latest 21.10 That's it from us tonight, we'll be back with live coverage of the debt crisis first thing tomorrow morning. 21.05 US markets have closed down for the second day in a row: The Dow Jones slipped 1pc to 13,074.75 points, while the S&P 500 also lost 1pc to close at 1,398.96. 20.45 … [Read more...]
BBC News – Markets down over US and Europe economy fears
http://www.bbc.co.uk/news/business-17611764 Markets down over US and Europe economy fears 4 April 2012 Last updated at 16:08 ET Continue reading the main story Stock markets have declined on fears over the state of the US and European economies. In Europe, shares fell after a disappointing Spanish bond sale. German and French shares fell almost 3%. The European Central Bank also said it would not roll back emergency measures to tackle the eurozone debt crisis, adding to investor concerns. Wall Street fell 1.1% after the Federal Reserve signalled that it might not provide more stimulus. In the UK, the FTSE 100 closed down 2.5%. In Europe, the Spanish government had hoped to sell up to 3.5bn euros ($4.6bn; £2.9bn) of medium-term bonds, but it was only able to find buyers for 2.6bn euros. It once again raised concerns about high levels of sovereign debt in several eurozone member states. Achilleas Georgolopoulos of Lloyds Banking Group said the Spanish bond sale had been "very … [Read more...]
Friday Finance: Happy 2nd Anniversary of Greek Debt Crisis
Political Will of Europe and America continues to flounder since Greece initial debt crisis 11:45 AM Posted by Donny Wise - EMPOWER4U America refuses to restore fiscal sanity to finances of the federal government, and Europe does not have the resolve to resolve the debt contagion of it's nation states from spread across the continent. March 2010 was the first alarm of the debt risk in the near default of Greece on its public debt. The leaders of America and Europe was given a first test in political will, and the a measure of political will via a number score would be close to a zero as examiner of the first debt test. Greece did not resolve the dire situation of public debt burden in the Spring 2010, and Greece has flirted with the fringe of disaster via default threat and social unrest from implementation of austerity. Greece is the tiny explosion in monetary loss via a default, and the political will crisis of America and Europe is bringing the threat of fiscal … [Read more...]
Watching Hitler: How it can go so wrong?
Economics in the modern world play a role in the paradigm shifts of political beliefs and tolerance as a globe and as a people. Everything was a dribble of reality in the rise of Adolph Hitler. It was a little exposure at a time to the reality of the regime under Hitler. Hitler used the Spanish Civil War in 1936 to test his aggressive policies as detailed in Mien Kampf. Germany was host of the 1936 olympics, and the display to the world was successful of economically strong and full restoration of the New Germany. Hitler put his best foot forward for the world, but showing his true intent in the destruction against the civil population in the Spanish Civil War. We all know the rest of the horror of the following years under the Hitler regime. Do we as a people become so weak in our modern time that anyone promising peace and security is accepted so easily? Germany did with Hitler. In lieu of collapse, would we as a people submit to such a leader again? For humanity's sake, I hope … [Read more...]
