Money Matters: Firstline Securities Blog

In the U.S.: U.S. Stock Futures Advance as Concern Over Europe Eases

1 October 2012

“It’s one less thing to worry about.” For now!

U.S. stock futures rose, following the biggest weekly decline since June in the Standard & Poor’s 500 Index, as concern about Europe’s debt crisis eased. Read more…

In Europe: Europe shares climb in technical rally that may be short-lived

1 October 2012

“The dips…do provide an opportunity to buy equities.” Cautious optimism still the mantra.

European shares rebounded from three-week lows on Monday in a technical rally, with price dips and the unsurprising results of a Spanish bank stress test luring investors into the market, but analysts said the bounce was unsustainable. Read more…

In T&T: Govt stifling middle class, says economist

20 September 2012

Hope for ” increased demands on implementing ministers to ensure there is value for money spent.”

Government needs to focus on spending money in ways that will stimulate the middle class in society, economist Indera Sagewan-Alli has said.<%

In the U.S.: Jobless claims fall last week, but trend weak

20 September 2012

Job numbers excite very few, economy “still in a period of slow growth.”

The number of Americans filing new claims for jobless benefits held near two-month highs last week, suggesting some weakening in labor market conditions. Read more…

In Europe: European shares slip on China slowdown, Spain worries

20 September 2012

Modest day of trading ahead as “stimulus… takes a while to kick in.”

European shares fell in thin trade on Thursday as disappointing Chinese manufacturing data weighed on cyclical stocks and euro zone banks continued to retreat on uncertainty about if and when Spain would apply for a bailout. Read more…

In T&T: Distributor calls for food tax break

18 September 2012

A way to (partially) relieve the high incidence of tax on local food consumers?

Removing import duties and value added tax (VAT) on certain staple goods would help reduce food costs, a prominent food distributor has said. Read more…

In the U.S.: U.S. Stocks Fall on Concern Over Europe as FedEx Slump

18 September 2012

Is 1500 still likely with all this uncertainty?

U.S. stocks fell, after the Standard & Poor’s 500 Index rose to the highest level since 2007 last week, as FedEx Corp. (FDX) slumped and concern grew that Europe’s leaders will struggle to resolve their debt crisis. Read more…

In Europe: European shares fall as valuation concerns weigh

18 September 2012

Bottom line: “the economy is weak in Europe and not very strong in the U.S.”

European shares were ebbing further away from 14-month highs around midday on Tuesday, as doubts about the wider economy heightened valuation worries. Read more…

In T&T: Clico bond update

17 September 2012

New (but not specific) deadline for NEL2 setup…expected “pick-up in acceptance and trading” toward the end of September.

Last week, Finance Minister Larry Howai promised that by year’s end there would be a resolution to the Government’s Enhanced Payoff Regime geared towards CLICO/BAT policyholders.

Read more…

In the U.S.: U.S. Stock-Index Futures Fall After Last Week’s Rally

17 September 2012

“You have to wonder if markets have not got slightly ahead of themselves…” A good time to be cautious I’d say.

U.S. stock-index futures fell, after the benchmark Standard & Poor’s 500 Index rallied last week to its highest level since 2007, as manufacturing in the New York region contracted more than forecast in September. Read more…

Page 20 of 78« First...10...1819202122...304050...Last »