For those who have not heard enough about how the DJIA may drop to 5,000 and the S&P 500 to 500, here are some more theories from The Wall Street Journal.
Douglas A. McIntyre
For those who have not heard enough about how the DJIA may drop to 5,000 and the S&P 500 to 500, here are some more theories from The Wall Street Journal.
Douglas A. McIntyre
According to The Washington Post, a compensation research firm has calculated that the bear market has put a lot of CEO options underwater. The paper says that “As of late last year, nearly 99 percent of Fortune 500 chief executives held options with strike prices above the current stock price, Equilar said. Such options are “under water.”
Should the options be repriced at lower levels? No. Read More
China can afford to play a long-term game in its competition with Western governments and the industries that are considered strategic to their economies.
China has already put money into huge metals and mining company Rio Tinto (RTP). The government is also beginning to lock up oil reserves by providing capital to national oil companies around the world for drilling and recovering crude . According to The Asia Times, China signed a $10 billion “loan-for-oil” deal with Petrobras that guarantees China up to 160,000 barrels a day at market prices. Read More