US

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The Great Divide of Natural Gas

South Korea is coming to northeast British Columbia.

It was reported this week that state-run Korea Gas has signed a deal with Canadian gas major EnCana covering three fields in the province of British Columbia. Korea Gas will take a 50% interest, for a price tag of $1.1 billion.

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Votes:8
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Toyoda to testify before U.S. lawmakers

Toyota president Akio Toyoda accepted on Thursday a formal invitation to testify at a hearing to be held next Wednesday.The House Oversight Committee sent the invitation Thursday morning. Toyoda had initially said he would not appear before the committee but would instead send North America chief Yoshimi Inaba.

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Strained Relations Between the US and PRC: But Both Remain Careful

The simmering difficulties in the US strategic relationship with the People’s Republic of China (PRC) were, by the beginning of 2010, ready to emerge despite the attempts of the US Administration of Pres. Barack Obama to show a pattern of deference to Beijing.

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“Your Rules Don’t Apply to Me,” Said the Spoiled Child

Wouldn’t it be nice to have your own set of rules when you’re playing a game?

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US retail sales see surprise fall

Sales at US retailers saw an unexpected fall in December, casting uncertainty over the recovery of the US economy.Retail sales fell by 0.3% compared with November, figures from the US Commerce Department said.Sales of electrical goods and cars saw some of the biggest falls, though core sales - which exclude cars, fuel and building materials - still fell.

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US trade gap narrows unexpectedly as exports surge

The US trade deficit unexpectedly narrowed in October as exports rose to their highest level in almost a year, official figures have shown.The deficit fell to $32.9bn (£20.2bn), 7.6% lower than September's downwardly revised $35.7bn figure.Helped by the weaker value of the dollar, US exports increased by 2.6% to $136.8bn, led by civilian aircraft, cars and computer chips.

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Shark Bites: Market Leadership and the Dollar

Famed market commentator and CEO of SharkInvesting.com James 'Rev Shark' DePorre, provides weekly insight on where he thinks the markets are going and how to navigate through the financial seas. In this episode, Rev discusses the inverse correlation between the USD and equities and what may happen if the dollar strengthens.

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Shares slump on US spending data

Global shares have fallen sharply after figures showing a drop in US consumer spending dampened the enthusiasm that followed Thursday's US GDP figures.

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Views:154

Obama's health care speech: the best and worst moments

Love him or hate him, the President can give a speech! During President Obama's health care
address to Congress last night (full text here) one couldn't help but wonder if even the most
hardened of birthers and deathers...

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Wall Street’s third day higher, Currencies are Still Cautious

The U.S stock indices continued to rally during yesterday’s session, erasing all of Monday’s losses, heading back into prior range. Since the start of the week, sentiment has flipped across the board, as investors have taken advantage of the falling market, to buy-back at lower prices. To date, the S&P500 has returned back into range after closing yesterday’s session above the 1000 mark.

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Employers Are Facing Big Changes with Health Care Reform

As the largest source of coverage for working Americans, employers have a huge stake in health reform.

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Views:114

Equity Traders Lighten Up Ahead of U.S. Non-Farm Payrolls Report

U.S. equity market fell sharply lower intraday but recovered into the close. The drop in the markets was one of the hardest we’ve seen in weeks as traders appeared to be liquidating or lightening up established long positions ahead of tomorrow’s U.S. Unemployment report.

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US stock futures are lower after recent run-up

Stock futures are pointing to a lower opening as investors around the world pause from recent buying, hoping for more confirmation that an economic recovery is underway.

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Votes:5
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Price of oil bounces back sharply

Sharply higher global stocks have pushed oil prices higher, clawing back almost all of Wednesday's big falls.

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Why Leveraged ETFs Are Bound to Deteriorate

After reading a lot of blog posts, tweets on twitter, Facebook comments, and emails, I decided it was time to figure out the real decay behind the leveraged ETF's, both long and short. As I wrote about this in one of my previous blog posts, I wanted to revisit this issue of the double and triple leveraged ETF's, and why investor's should stay away from them, and to clear up some confusion.

Vested Interest: 
I/(Author) do not own shares in the following stocks listed in this article (FAS, FAZ, UCO, TNA, SSO)
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