Poll: Is 100 years of capitalism coming to an end?

Posted on by The INO.com Team

First published on October 29, 2008. Not much has changed. --------------

Regardless of what others might say, there is no quick fix for the global economy.

To illustrate this point, a friend of mine recently sent me a chart which I would like to share with you. This charts shows that we may be going into a prolonged period of no growth in the overall stock market. The NASDAQ peaked at 5,132.52 on March 10th, 2000. The NASDAQ market is in many ways more important than the DOW, and should be considered more of a leading indicator. If that is truly the case, then we have been in a bear market for the last eight years. Continue reading "Poll: Is 100 years of capitalism coming to an end?" →

Daily Video Update: No magic bullet for Spain

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Monday, the 11th of June.

DailyXchange
Post and prosper right here with other MarketClub members everyday. We welcome your thoughts and comments.

The pain in Spain continues and is far from over. The infusion of $125 billion into the banking system was nothing more than a band aid on a festering problem: the banks in Spain have yet to write down the true value of their real estate portfolios. Continue reading "Daily Video Update: No magic bullet for Spain" →

Poll: Would you keep your money in a Spanish Bank?

Posted on by The INO.com Team

Spain’s grinding economic misery will get worse this year despite the country’s request for a European financial lifeline of up to (EURO)100 billion ($125 billion) to save its banks, Prime Minister Mariano Rajoy said Sunday.

If you lived in Spain would you keep your money in a Spanish bank?

Would you keep your money in a Spanish Bank?

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Thanks for your feedback and comments.

Adam

Oil prices fall on global economic concerns

Posted on by The INO.com Team

Oil is dropping after a bailout of Spain's banks has done little to ease doubts about a long-term solution for Europe's financial crisis. Benchmark oil fell 75 cents to $83.35 per barrel Monday in New York. Brent crude dropped 38 cents to $99.09 in London. European countries have agreed to lend Spain up to $125 billion to help its troubled banking system. But traders remain worried that Europe's larger financial problems will hurt demand for oil. Some of the price decline is being tempered after China said that it imported nearly 6 million barrels of crude per day in May. That's up 10 percent from April. Meanwhile, AAA says the national average for gasoline fell less than a penny overnight to $3.54 a gallon.

Is the Generational Divide in Technology Widening?

Posted on by The INO.com Team

By Alex Daley, Casey Research

My son doesn't know how to use a mouse.

He doesn't even know what one is. As far as he's concerned, it's a furry animal he's only seen in books and running around the floor of the Newark airport.

While I've known this for some time, it recently moved from the back of my mind to front and center following a brief car trip a few days ago. From the back seat, my eldest son – who for some inexplicable reason loves to watch the instructions tick by on the screen of the GPS unit sitting on the dashboard Continue reading "Is the Generational Divide in Technology Widening?" →