Stocks tumble as eurozone problems return and Chinese and European manufacturing contract
US futures fell and stock markets tumbled around the world as data showed Chinese and European manufacturing contracting while French president Nicolas Sarkozy looks likely to lose his battle for re-election and the Dutch government…
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US house starts still in depression and US manufacturing falls again, where is the recovery?
Amazingly the IMF managed to raise its forecast for global growth by a tiny fraction on the day that US housing starts came in below the most pessimistic of forecasts and US manufacturing activity declined…
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Man who made the best trade in history shorting subprime is now shorting eurozone sovereign debt
Bloomberg’s Erik Schatzker, Stephanie Ruhle, Scarlet Fu and Sara Eisen report that John Paulson, the billionaire hedge-fund manager seeking to reverse record losses in 2011, told investors he is shorting European sovereign bonds. They speak…
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Apple and Google taking US stocks down as they spiked in Q1
Over reliance on a few stocks to keep a stock market rising is a classic sign of rally fatigue. The giants can keep the momentum going until even they begin to fall under the weight…
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Could Dubai be the new home for hedge funds as they are booted out of Switzerland?
Switzerland is about to boot hedge funds out of the country by turning a lightly regulated sector into one more highly regulated than anywhere else in the world. Recent arrivals quit London when the burden…
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Major storm clouds gather again in global financial markets
Why would anybody chance their money by investing in global financial markets that look this risky, except to go short and bet against them? This is probably what many investors are mulling as they stare…
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Stock markets crumble as Spain becomes the next Greece only much bigger
Just when the eurozone sovereign debt seemed to be off the front pages after the largest default in the history of sovereign debt yields on Spanish debt have jumped above six per cent amid strong…
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Japan’s Tankan business survey tanks as Singapore’s house prices fall for the first time in three years
The Asian economic miracle continues to show signs of coming off the rails as the Chinese economy slows significantly. The quarterly Japanese Tankan index was unchanged from negative four in December while Q1 Singapore house…
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Investors should be preparing for war and a correction in financial markets
The April edition of the ArabianMoney monthly investment newsletter is published today and anybody signing up will be sent a copy immediately. These are exciting times for investors though not for very good reasons.
The…
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Goldman Sachs traders lose their magic touch when they leave the mother ship
Bloomberg’s Erik Schatzker, Stephanie Ruhle, Sara Eisen and Scarlet Fu report on former Goldman Sachs prop traders who haven’t been able to replicate their past success outside the company. They speak on Bloomberg Television’s ‘Inside…
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