What a week it has been.Stocks were being sold off Monday morning off the open and Tuesday afternoon going into the close like the world was coming to an end, although, come to think of it, what would one do with cash or stocks if the world indeed came to an end?How many people have heard
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The FTSE closed today at 6,192, up 3.6%, its best single-day percentage gain in just a shade under four years.That index is now back where it was last week and Black Monday is already forgotten, as is the horrific reversal on Tuesday. On Monday, the FTSE hit an intraday low of 5,768 shortly aft
So now that China has cut its interest rates (for the fifth time in nine months) in an effort to stem the bleeding in its equity markets and to help put GDP growth on track again, the question is will the 25-basis-point cut in lending rates and the corresponding 50-basis-point cut in its cash reserv
Stock quotes in this article: TSLA, AAPLLast week, I asked the rhetorical question of whether the Greeks-go-abegging-again saga was really over and if the rest of the world can finally move on? Just when we all breathed a big sigh of relief, Prime Minister Alexis Tsipras (now ex-PM, I gues
Stock quotes in this article: HPQShares of Hewlett-Packard (HPQ) are enjoying a stellar morning and indeed getting that dead cat bounce that I talked about in my preview yesterday, despite the carnage in the rest of the markets, both here at home and overseas. The primary driver