Financial Industry News

A Green Light on Emerging Market Bonds

It’s been a rocky month for the markets, with the S&P 500 declining for the past three consecutive weeks. But emerging markets have bucked the trend: as of last week, the J.P. Morgan Emerging Market Index Global is up 1.2% for the month.

Is the tide shifting for emerging market debt? Typically, when investors lose confidence in the markets, emerging markets are among the first to suffer. But the debt of emerging economies has held up amid the recent volatility.

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Hewlett-Packard: A Good Value, or a Value Trap?

The third quarter is “going to be another tough quarter”, according to Hewlett-Packard CEO Leo Apothaker. The company has “absolutely no room for profitless revenue or any discretionary spending”. Managers are urged to “watch every penny”.

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Cisco: Growth is “Off the Table”

Cisco’s previous long-term annual revenue growth target of 12-17% is now “off the table”, according to CEO John Chambers. 

And growth won’t be back on the table anytime soon.  According to last week’s earnings report, while sales gained 4.8%, profits dropped 18%.  What’s more: the company announced it expects this quarter’s revenue growth to be up 2% at best…if not flat. 

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Why I Still Like China Over The Long Term

 

Source: www.cia.gov

Mark your calendars for 2016.  That’s when, according to the International Monetary Fund, China will overtake the U.S.  

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Microsoft: Disappointing, Again

Is the Windows “cash cow” running out of milk? That is the question to ask when you look at Microsoft’s stock, according to one ISI Group analyst.

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Stagflation: An Ugly Word Rears its Ugly Head

Stagflation: An Ugly Word Rears its Ugly Head

Stagflation, by dictionary definition: an economic phenomenon “characterized by sluggish economic growth and high inflation” (American Heritage New Dictionary of Cultural Literacy). And in practical terms: slow growth and rising price levels is a dangerous economic mix.

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Reality Worsens in Housing

Last month I wrote a post about the reality of the housing market, and what that reality meant for home builders.  The news in the housing market was bad then.  Last week it got even worse.

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Poland: Waiting to be Noticed

The international spotlight has been occupied in the recent past by the usual suspects: China and the rest of the BRIC countries, the Euro zone countries, and lately Egypt.  And overshadowed by most of the emerging world, a country that deserved to be noticed: Poland.

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Cisco Dissapoints...Again

Last fall, I wrote an article titled “The Trouble with Cisco”.  Now, it’s more like ‘The Reality of Cisco’.

The tech sector is up 27% in the past year, and Cisco is down 7%.  And in what has become an unfortunate pattern, the stock tanked after its earnings report (for the fourth consecutive time).

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