I am the Global Editor at MoneyShow.com and each week I interview an investing expert. This week, I spoke with John Snowden, contributor to The IRS Report newsletter, who says the British economy will slide deeper into recession and the markets will move lower, too.
Q. What is your outlook for Great Britain's economy in the next 12 months?
A. We are on the cusp of a recession, but we have yet to feel the real crunch from a retailing viewpoint. The forthcoming all-important Christmas trading period wi
This post is part of a series in which TheStockAdvisors.com asked financial experts to name their top stock pick if McCain or if Obama wins the election.
"McCain, a friend of Wall Street, would encourage investing through tax breaks, which ultimately means more profits for Barclays (NYSE: BCS), the British bank that has acquired Lehman Brothers' U.S. investment banking assets," notes Vivian Lewis in her Global Investing.
"Barclays is now investing hugely in the business of U.S. inve
This post is part of a series in which TheStockAdvisors.com asked financial experts to name their top stock pick if McCain or if Obama wins the election.
Based on their campaign promises and party platforms
Dividend investors always look for the bits of dividend news that go unnoticed or underappreciated. This kind of news usually occurs on a day when hot news breaks on other subjects. Stocks faded yesterday as the price of oil rose to $100 per barrel, but there was a very important piece of dividend news that went largely unreported: Barclays Bank (BCS), the third largest bank in Britain, raised its dividend nearly 10%.
This is important because Barclays, like so many of the world's large banks, has had to take write-offs of subprime loans. They did so again in yesterday's report, but overall ...
Dividend investors always look for the bits of dividend news that go unnoticed or underappreciated. This kind of news usually occurs on a day when hot news breaks on other subjects. Stocks faded yesterday as the price of oil rose to $100 per barrel, but there was a very important piece of dividend news that went largely unreported: Barclays Bank (BCS), the third largest bank in Britain, raised its dividend nearly 10%.
This is important because Barclays, like so many of the world's large banks, has had to take write-offs of subprime loans. They did so again in yesterday's report, but overall ...
You don't want to bottom fish here
- This is no bottom. This is only the beginning of the correction. The CDS unwind is going to have a major impact and where the damage stops is impossi...
Data powered by QuoteMedia.
All Rights Reserved.
Data delayed 15 to 20 minutes unless otherwise indicated.
Terms of Use.
None of the information contained on SocialPicks.com constitutes a recommendation by SocialPicks or its users that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. SocialPicks is not responsible for the posts, discussions, and recommendations of the users on the Site. SocialPicks does not provide investment advice. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the website. SocialPicks' users' past results are not necessarily indicative of future performance. Neither SocialPicks nor any of its users guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the website. You understand and agree that you use the Site and Services at your own discretion and risk and that you will be solely responsible for any damages that arise from such use. Before acting on any information contained on the website, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.