An S&P Run for Ages

The current bull market is entering rarefied air. The SP 500 crossed 2000 for the first time in its history last week and closed Friday at 2003.37, the 32nd record it has hit this year. But the

Factory activity in Europe, Asia cools; demand lull a concern

By Sumanta Dey and Wayne Cole BANGALORE/SYDNEY (Reuters) – Factory activity in Europe and Asia cooled in August after a strong July, as new orders dwindled in the face of escalating tensions in Ukraine and a patchy

Free exchange: Fluid dynamics

  AT FIRST glance, the labour markets in America and Europe could not be more different: in the former unemployment has fallen steadily since 2010, while in the euro zone, it is still close to an all-time

Big protests are coming to Hong Kong

Thousands of protesters gathered outside Hong Kong’s government offices on Sunday. The stage has been set for major pro-democracy protests in Hong Kong’s financial district following a decision by Beijing to restrict voting reforms in the city

Passive funds an active threat for Europe’s fund managers

By Simon Jessop and Nishant Kumar LONDON (Reuters) – Warren Buffett built a fortune of nearly $60 billion from astute stock picking, but when the 83-year-old dies, the vast majority of the money he leaves his wife

Wall Street is betting on prison growth

  There’s a crisis on the U.S.-Mexico border, and Wall Street is betting that it will result in a boom for private prisons. Geo Group (GEO)and Corrections Corporation of America (CXW) are two of America’s largest for-profit

Whose century is it?: The Trans-Pacific Partnership, Food and the “21st-Century Trade Agreement”

Used under creative commons license from m-louis.Remove featured image The future of trade deals? In the final year of the George W. Bush presidency, the U.S. entered into negotiations to establish a gargantuan new trade deal. The

How Shiller is signaling ‘significant upside’ for S&P

  Yale professor Robert Shiller has been one of the many market watchers warning of lofty valuations in assets this summer, but one research firm has detailed how his own economic indicator could actually be signaling a

Big bonuses are coming

  Are you a superstar on the job, exceeding all of your company’s goals? Good news: You’re likely to get a boffo bonus for this year and most likely next year, too. Companies are setting aside a

Japan’s bond market: Quantitative freezing

  AS PART of its quest to end Japan’s 15-year-old deflationary torpor, the Bank of Japan is buying around 70% of all newly issued Japanese government bonds (JGBs). Whether this will boost inflation to the central bank’s