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Akin Oyedele and Sam RoSeotember 23, 2015 US stock futures got crushed overnight after some ugly economic data out of China. But they have since recovered those losses and then some. Dow futures are up by around 30 points, which is around 200 points better than the night's lows. US stocks closed lower on Tuesday, with the Dow dropping 179 points, or 1%. Since Tuesday's US market close, we got a slew of economic data that painted a mixed picture of the world economy. * China's manufacturing slump is intensifying. The preliminary Caixin-Markit flash purchasing manufacturer's index (PMI) fell to...

Sam RoSeptember 8, 2015US stock market futures are ripping higher after the three-day holiday weekend. Dow futures are up 300 points, S&P 500 futures are up 37 points, and Nasdaq futures are up 79 points. This makes up for all of what the markets lost on Friday. There isn't any obvious single headline to explain Tuesday's move. But here are a few big headlines that certainly showed up on some traders' radars: (snip)

Michael Snyder May 12th, 2015 What are we going to do once all the water is gone? Thanks to the worst drought in more than 1,000 years, the western third of the country is facing the greatest water crisis that the United States has ever seen. Lake Mead is now the lowest that it has ever been since the Hoover Dam was finished in the 1930s, mandatory water restrictions have already been implemented in the state of California, and there are already widespread reports of people stealing water in some of the worst hit areas. But this is just the...

Myles Udland October 15, 2014We just got a slew of bad economic data. Retail sales in September fell more than expected, producer prices unexpectedly fell, and the New York Fed's Empire manufacturing report came in way below expectations. Following these reports, the US dollar is falling against the Japanese yen, tumbling back below 107, while US stock futures are sharply lower. Dow futures are down 145 points, S&P 500 futures are down 22 points, and Nasdaq futures are down 38 points. Retail sales in September fell 0.3%, and fell 0.2% excluding autos. Expectations were for sales to show a decline...

Joe WeisenthalOctober 10, 2014 The global market plunge continues. On Thursday we saw the Dow give up more than 300 points, and markets again awash in a sea of red. France is down 1.6%. German shares are down over 2%. Hong Kong's Hang Seng fell nearly 2%, while Japan lost just over 1%. US futures are all lower, by just under 1%.(snip)

Elena Holodny October 1, 2014 Shares of several major airline companies were trading lower on Wednesday morning after the CDC on Tuesday night confirmed the first case of Ebola in the US. On Twitter, CNBC's Carl Quintanilla said that traders were blaming Ebola worries on the drop, as CDC officials said the Ebola patient flew from Liberia to Dallas. On Wednesday morning, shares of Delta, Southwest, United, and American Airlines were all lower. Delta was leading losses, falling as much as 4% while Southwest shares were also weak, falling as much as 3%. Airline peers United and American were also...

Mamta BadkarMay 27, 2014 We just got March S&P Case-Shiller home prices that beat expectations. The numbers showed home prices were cooling, but they nevertheless reflected increases on month-over-month and year-over-year bases. However, Ian Shepherdson chief economist at Pantheon Macroeconomics says "this report makes no sense." This is because "every indicator" of the house market he watches is slowing or falling. "We don't know if the March problem is Easter seasonal adjustments or the long-standing issue of fully adjusting for changes in the proportion of foreclosure sales in the sample, but we think the real trend in existing home prices...

The Nikkei Is Set To Surge When It Opens Matthew Boesler Jun. 13, 2013, 4:16 PM Thursday, the Japanese Nikkei 225 stock index crashed 6.4% (down a whopping 844 points to 12,445). Nikkei futures have been rallying all day long, though – as U.S. stocks have advanced – and are currently trading at 13,080, up 635 points already from Thursday's close. That implies a 5.1% surge when the Nikkei re-opens Friday in Japan. Why is the Japanese stock market so volatile? WSJ chalks it up to day trading, which has surged in popularity as the market has stage a wild...

Yes, At Some Point China Will Implode Henry BlodgetJune 17,2013 If there has been one prediction made more than any other over the past couple of decades, it's that China's miraculous economy is headed for a fall. China bears have pointed to a long list of disasters-in-the-making, from questionable economic statistics to skyrocketing real-estate prices to ghost cities to centrally planned growth to corruption to pollution to civil unrest to debt. And yet, despite all of these concerns, China's economic machine has just kept chugging along. But this time it's going to be different!, says an analyst from Fitch. This...

Global Recession Forecast - Is PIMCO's Bill Gross Wrong Again? Stock-Markets / Financial Markets 2013 June 17, 2013 - 05:01 PM GMT By: Money Morning Keith Fitz-Gerald writes: Stuart Varney put the question directly to me last week during his Fox Business show: What do I make of comments from PIMCO's Bill Gross...that he's projecting a 60% chance of a global recession in the next three to five years? Now, Bill Gross is obviously one of the most powerful men in the world. PIMCO, the firm he founded, is the world's biggest bond manager. He has assets under management of...

Warning: Stock Market Likely To Crash From Here, 50% Drop! Stock-Markets / Financial CrashFebruary 28, 2013 - 05:37 PM GMT By: Dr Martenson I don't relish the job of constantly pointing out the risks to the equity markets. But since few on Wall Street seem willing (or able) to do this, I'm "making the call" for a market correction, as enough variables have aligned to indicate a high likelihood of stocks heading downwards from here. I've only given one other such warning about equities before, and that was in March of 2008, when I warned of the possibility of a...

How To Prepare Your Portfolio For A Spike In Food Prices Kapitall Aug. 24, 2011, 5:48 AM Corn is in nearly every US food product in some form, from Twinkies to animal feed, making corn production the single largest driver of food prices. Here's some bad news: this year's corn yield is less than expected, meaning elevated food prices for the next year. Fabulous! On top of the already stunted economy, high unemployment, outrageous government debt, we can count higher food prices among the catalysts for more food stamps, government subsidies, lower consumer spending, and a greater lean towards more...

July Durable Goods Beat Expectations At 4% Mamta Badkar Aug. 24, 2011, 8:30 AM Headline: Headline figures came in up 4% versus expectations of 2%. Ex-transportation figures are up 0.7% in July. Ex-defense durable goods are up 4.8%. But there's bad news too. Core capital goods orders which exclude defense and transport were down 1.5% versus expectations for 0.5% gains. U.S. futures which were sharply lower have moved higher on the news, but remain in negative territory ahead of the market open. Expectations: 2% month-over-month increase in new orders. 0.1% year-over-year increase in new orders. Ex-transport, durable goods orders are...

U.S. Futures Gain Ahead Of Open Mamta Badkar Aug. 22, 2011, 8:27 AM U.S. markets indicate a higher open on expectations that the Federal Reserve will announce another round of quantitative easing. Futures on the Dow Jones Industrial Average rose 134 points to 10954, the S&P 500 rose 16 points to 1140, while Nasdaq 100 futures added 33.80 points to 2074.80. Moving closer to the opening bell, the Dow is lower than the 148 it had added earlier this morning. Here's the volatility in the Dow over the past two weeks:

THE DANGER IS FROM THE SPENDING CUTS, NOT THE DOWNGRADE 29 July 2011 By Warren Mosler The headlines are all about the risks of default or a too small deficit reduction package causing a downgrade of US debt. And while markets react to those issues, they all miss the point. The consequences of a downgrade to US govt debt are minor at best. Note that when Japan was downgraded below Botswana, with a debt/GDP ratio nearly triple that of the US, interest rates remained the lowest in the world. The real risk comes from the spending cuts. No debt ceiling...

Another Big Wrinkle Today: An Ugly GDP Report Joe Weisenthal Jul. 29, 2011, 4:50 AM Just in case today wasn't going to be hectic enough, what with everyone sorting out where we are on the debt ceiling, there's going to be another interesting wrinkle: Advance GDP for Q2. The official estimate is still at 1.9%, but there's definitely a louder and louder "whisper" number that's way lower than that, perhaps even lower than 1%?When in does come in bad, expect to hear it invoked by politicians all around, eager to score points in the debt ceiling fight. And even on...

L.A. Ports Already Forecast An Awesome Christmas Season Vincent Fernando, CFA Aug. 9, 2010, 6:14 AM Los Angeles port volumes continue to rebound, and the ports themselves believe that this could signal a strong holiday season in the U.S. this year, or at least stronger one than last year's: Hellenic Shipping News: “I think we’re seeing the imported goods and the containers like what you see here obviously filled with holiday items and we’re seeing those in larger numbers,” said Richard Steinke, the executive director of the Port of Long Beach, which sits on a complex alongside the Port of...

Guess What: BP's "Bottom Kill" Solution Might Just Cause More Oil To Spill Joe Weisenthal Jun. 16, 2010, 6:41 AM For those of you assuming that the ultimate solution will come from a relief well, Der Spiegel throws some cold water on "Bottom Kill," and why it's no sure thing. First, one big risk is simply the fact that you're creating a new hole: "More oil could leak than before, because the field is being drilled into again," says Fred Aminzadeh, a geophysicist at the University of Southern California. Ira Leifer, a geochemist at the University of California in Santa...

Stocks Fall In Another Big Heartbreaker For The Bulls: Here's What You Need To Know Joe Weisenthal Jun. 9, 2010, 3:59 PM Again! After being up solidly all day, the market blew it. First, the scoreboard. Dow: -28 S&P 500: -5.5 NASDAQ: -11 And now, the keys stories: Again, the market collapse in the final hours of the day is a major heartbreaker. It's looking more and more like we're in a bear market, rather than just a correction. Big oil was absolutely slaughtered, with BP falling a stunning 15%. Transocean was up about 7%. Various theories swirled as to...

The Other Scary Jobs Chart: The Mass Exodus From The Workforce Joe Weisenthal Jun. 5, 2010, 9:13 AM Friday's jobs report was pretty rough, but actually the unemployment rate dipped to 9.7%. That's because, despite the lack of private sector hiring, a large swath of jobseekers decided to, for whatever reason, quit the workforce. As Annaly Capital Management (via PragCap) notes, the civilian labor force fell by 322,000 May. The spike up in the total flow from those "unemployed" to "not in the labor force" follow what looked like a couple of months worth of the reverse: people moving on...