Archive for May, 2012

In the looming global economic crisis, investors have begun panicking about their “golden investments”. We’ve already seen Nasdaq dip 9.2% since early April and the Dow fall 6.6% just this month alone. What has happened though? We’ve seen record profits, strong balance sheets, and an overall strong outlook for U.S. companies, but something has to […]

China Mobile, the world’s biggest telecom carrier by subscribers, said on Wednesday it is negotiating with Apple to carry the popular iPhone in China. China Mobile is the only Chinese operator that does not officially carry the iPhone because its homegrown 3G technology is not supported by the chips used in current iPhone models. Analysts […]

Forget stocks, famed market timer Doug Kass says investors should be playing the bond market – from the short side! In fact, Kass is so bearish on bonds [US10YT=XX 1.896 0.038 (+0%) ], he says selling them short may be the trade of the decade. Kass, who is president of Seabreeze Partners and a CNBC […]

Stocks could see a move higher similar to gains seen in 2003 and 2009, leading to a rise of as much as 40 percent in 2012, Michael Gayed, chief investment strategist at Pension Partners, told CNBC’s “European Closing Bell”. Gayed conceded he is “probably among the most bullish of strategists.” And his prediction is highly […]