Jobs Picture Remains Ugly as Weekly Claims Still High
The number of Americans seeking unemployment benefits was mostly unchanged last week, evidence that the struggling economy isn’t generating many jobs. CNBC Top News and Analysis
Home » June 30th, 2011
Entries posted on “June, 2011”
Japan Fund Managers’ Global Bond Weighting Near Record High
Japanese fund managers’ global bond weighting is near a record high while their stock weighting has sunk towards a 12-year low, showing worries over a slowdown in global economic growth and rising commodity prices made them reduce risky positions, a Reuters poll showed. All News, Video and Posts related to TOPIC: Currencies
Europe, Not Fed, Is Driving Treasurys: Analysts
The troubled periphery of the euro zone and the global economy will affect yields of US bonds more than the official end of the latest round of money-printing by the Federal Reserve, analysts told CNBC. All News, Video and Posts related to TOPIC: Currencies
Euro Extends Gains, Cheered by Greek Vote
The euro rose to fresh two-week highs on the dollar in Asia on Thursday, swept higher by a wave of stop-loss buying and extending a rally after Greece moved a step closer to securing international aid. All News, Video and Posts related to TOPIC: Currencies
Renowned Bear Doug Kass Bullish on 4 Financials
Who says bears are always looking to sell short. Renowned bear Doug Kass tells us he’s bullish on 4 financials – yes financials! Get an in-depth recap of the Fast Money traders’ market analysis and stock picks at CNBC.com.
Cap on Debit-Card Swipe Fees Will Be Raised to 21 Cents: Fed
The Federal Reserve plans to limit the fees that banks can charge retailers for swiping debit cards to 21 cents, a higher cap than initially proposed. Shares of Visa and MasterCard rose sharply on the news. CNBC Top News and Analysis
Top Portfolio Plays
Europe is on sale. How to maximize profits in an uncertain market, with Sarah Ketterer, Causeway Capital Managemen, and Ted Parrish, Henssler Equity Fund. All News, Video and Posts related to TOPIC: Currencies
Pros: BofA Settlement Doesn’t Signal ‘Buy’
Amid reports that BofA just eliminated a major overhang, did the stock just become a buy? Get an in-depth recap of the Fast Money traders’ market analysis and stock picks at CNBC.com.
Greek Parliament Begins Vote on Austerity Package
The Greek parliament began voting on Wednesday on the first of two bills to approve sweeping austerity measures demanded by international lenders as the price for providing more financial assistance. CNBC Top News and Analysis
Rosenberg: It Only Gets Worse
If you’re looking for an optimistic outlook you won’t find it here. But what you will find is the thesis bears are using as they put money to work. Get an in-depth recap of the Fast Money traders’ market analysis and stock picks at CNBC.com.
