Marc Chandler submits:The balance of forces continues to weigh on the US dollar. Earlier this year news form Europe was read as the glass was half empty. Now it is being understood as half full. At the same time, the earlier momentum of the US economy has stalled.Leave aside the fact that Greece dropped plans to offer 1-year bills yesterday, the success of the 6-month bill sale, at a rate lower than the EU/IMF offer in their lending facility is remarkable.
By Jan Schalkwijk:In a recent article I wrote, published on Seeking Alpha, I made the case for investing in South Africa based on the following positive attributes of the South African market:1) South Africa is a gateway to sub-Saharan Africa
By Emerging Money:
By Richard Rittorno
Is Latin America (GML) on the mend? Earnings season can be a tough time trading for anyone looking at short-term positions. But for emerging market investors, it can be time to gain insight into emerging market economies.
"The employment picture didn’t really change all that much with the September report, but there were enough shifts in enough pieces to suggest the glass can be viewed as half full rather than half empty," says one economist.
In a report headlined ?The Glass Is Half Empty,? J.P. Morgan analyst Rod Hall this morning cut his rating on LCD glass maker Corning to Underweight from Neutral, while cutting his target on the stock to $11.50, from $13. GLW closed Tuesday at $13.89. The move follows the company?s September quarter earnings report last week. ...
Matt D'Alto submits:After watching the reactions to strong earnings reports from companies like Apple (AAPL), Google (GOOG), F5 Networks (FFIV), and Schlumberger (SLB) (among others), it appears that investors' glasses are finally half