Asian shares were mostly lower Monday, with stocks in Japan and Australia underperforming notably as further declines in the U.S. dollar continued to weigh on investor sentiment.
A fresh pullback in commodity prices also hurt equities, despite the weaker dollar. Many assets in the sector are denominated in the dollar and often rise when the currency falls.
Concern about policy direction....More>>>
Do you live in fear of your email inbox? It is such an effective tool for information exchange that it can render us completely ineffective in our attempts to control it.
I fear that I’m going to miss the proverbial wheat because of all the darn chaff overstuffing my inbox. You, too?
Well, apparently we’re in good company. As a student of behavioral....More>>>
Powerball’s jackpot for Wednesday night’s drawing is $403 million, the tenth largest prize in the game’s 25-year history.
But if it seems like massive Powerball jackpots have become relatively common, that’s because they have.
Five of the ten largest Powerball jackpots have come since the start of last year. The reason: Powerball changed up its formula in....More>>>
If the US or the Eurozone entered a recession this year, a few macroeconomic variables would look very different relative to previous recessions.
1. The Yield curve would be very steep. Unlike in any previous recession when the yield curve was flat or inverted.
2. The real federal funds rate (or the ECB real repo rate) would be extremely low and would be at a level similar....More>>>
I’ve been a critic of Zoe’s Kitchen (NYSE:ZOES) ever since the company came public. I don’t fault the company for its business model or its product – both of which are nice – but the prices investors have been willing to pay thus far to own this stock have simply been ludicrous. The market assumes Zoe’s is going to grow to the moon and....More>>>