Famed Investor Predicts Historic Market Drop

The market may be due for a harsh correction. That’s the view of John Hussman, president of the mutual fund Hussman Investment Trust, seasoned investor, and Stanford University economics PhD. Hussman says you can expect the S&P 500 to return no more than 1% on average over the next decade. Sooner than that, he predicts, the stock market may plunge ... Read More »

How to Improve Client Relations

When you’re trying to build your business from the ground up, it can be difficult to establish positive relations with prospective clients and keep them aware of your brand. In addition to taking care of the logistics for your growing startup, you should also keep in mind the marketing needs that you’ll inevitably have to deal with. While the Internet ... Read More »

Unique Digital Marketing Tactics: 1 Hour a Day

Being a small business owner is hard work. Trust me, I know. You wear a lot of hats — everything from accounting, sales, and marketing to more. However, small business digital marketing shouldn’t be left to the side as it usually is with the 10 million other things a small business owner must do every day. And it shouldn’t have ... Read More »

Euro, European bonds unnerved by French politics

The increasingly unpredictable French presidential election race unnerved European financial markets on Tuesday, tipping the euro towards its biggest fall this year and driving investors away from French government bonds. The premium investors demand for buying French 10-year government bonds FR10YT=TWEB over German 10-year bonds DE10YT=TWEB rose to 78 basis points, the highest level since November 2012 before easing back ... Read More »

Oil industry faces boom-and-bust, warns IEA energy group

A new oil industry boom-and-bust cycle is likely if the current reduction in new investment is not reversed, says the International Energy Agency. The IEA says unless more money is spent exploring for, and developing, new oil fields, then demand may outstrip supply in the early years of the next decade. That could see oil prices surging again, says the ... Read More »

U.S. producer prices unchanged in October on weak services

U.S. producer prices were unexpectedly flat in October as a rise in the cost of goods was offset by declining services costs. The Labor Department said on Wednesday that the unchanged reading in its producer price index for final demand last month followed a 0.3 percent increase in September. In the 12 months through October, the PPI increased 0.8 percent, ... Read More »

India’s foreign exchange reserves at record high of $367.76 billion

Aided by a sharp rise in foreign currency assets (FCAs), India’s foreign exchange reserves rose $989.5 million to hit a new high of $367.76 billion for the week ended Sept. 2. The reserves had declined for the preceding reporting week ended Aug. 26. FCAs, which form the largest component of the country’s foreign exchange reserves, increased $952.2 million, according to ... Read More »

InterGlobe Aviation shares shed 11% to hit one-month low post June quarter earnings

Shares of InterGlobe Aviation tanked over 11 per cent to hit their one-month low after the company, which owns budget carrier IndiGo, reported around 7.4 per cent decline in net profit at Rs 591.77 crore in the June quarter. The company had posted a net profit of Rs 638.89 crore in the same period last fiscal year. Reacting to the ... Read More »

Oil takes breather from losses but oversupply concerns remain

Oil edged higher on Tuesday after falling by up to 10 percent in just one week, but investors remained concerned about oversupply weighing on prices. Global benchmark Brent crude LCOc1 was trading up 49 cents at $42.63 a barrel at 1031 GMT. U.S. West Texas Intermediate (WTI) crude CLc1 was up 38 cents at $40.44 a barrel, after briefly dipping ... Read More »

Fed’s Kaplan urges patience in raising rates, points to global risks

A raft of global risks that could adversely affect the United States remain on the horizon and require close monitoring, Dallas Federal Reserve Bank President Robert Kaplan said on Tuesday. “I am closely monitoring how slowing growth, high levels of overcapacity and high levels of debt to GDP in major economies outside the U.S. might be impacting economic conditions in ... Read More »