Here’s a quick, executive summary of stories from this trading week, with a link to the full articles online.
Why Larry Edelson Is Right
The Grand Greek Bailout No. 3 has now been passed, even though lenders and debtors alike both seemed to think piling on debt and austerity was a terrible idea. Find out what Dr. Martin Weiss and Larry Edelson have to say about the reasoning behind the bailout.
Breadth, Profitability, China and Greece All Add Up
What caused the stock market to crash this week? Jon Markman explains how these factors all added up to cause the loss in market momentum.
|Multiple factors led to one of the worst three-day stock routs in history.|
Hate To Say I Told You So!
But actually, he feels it is necessary. Read Larry Edelson’s comments on how he’s proven his detractors wrong.
A Total Global Affair
The selling began in Europe last year, shocked Chinese markets a few months ago and caught up to U.S. stocks with a vengeance. Could it turn into a great buying opportunity? Find out what Mike Burnick has to say.
Big Break in Markets as “Carry Trades” Implode
What are carry trades, why are they blowing up and what dangerous implications do they carry for investors? Mike Larson gives you the need-to-know info.
The Week’s Hot News
Money and Markets columnist Mike Larson takes a look at key financial and political events around the globe after the market close. Here are the week’s highlights:
Global Meltdown! Why, How and What’s Next …
As the market suffered one of the worst three-day routs in history, Mike makes the case that we’re nowhere near done with this selloff in the longer term.
China Fires Its Bazooka … Markets Tank Anyway
Furious efforts by Chinese central bankers caused a rally early in the day but weren’t enough to correct the slipping averages. Mike explains why.
Jackson Hole Summit Could Provide Next Market Clues
Six-and-a-half years of bull market behavior built on bullish expectations about cheap money and central bank policy could be coming to an end, as the Federal Reserve officials and others convene upon the city of Jackson Hole, Wyoming. Read Mike’s prediction on what will go down.
Two Signals of More Volatility Ahead
Compared to the dot-com bubble and the credit bubble, these two signals are off the charts. Find out what they are.
The Money and Markets Team