Closing Bell

To paraphrase Shakespeare, this summer is shaping up to be the winter of shareholders' discontent. The dismal performance of the equity markets aside, in recent weeks we have seen... 2008-06-13

This week saw yet more turmoil in the financial sector, with investment bank Lehman Brothers and mortgage lender ResCap pulling out all the stops to raise much needed capital. However,... 2008-06-06

On May 30 a sombre 10 minute shareholder meeting officially saw the end of Bear Stearns, the worst casualty of the credit crisis thus far. Bear Stearns, the 85 year old brokerage,... 2008-05-30

US non-financials are clearly still at risk from further economic downturn and its negative effect on consumer spending. This week the US' second-largest retailer Home Depot announced... 2008-05-02

As we go to press, stocks are enjoying a strong end-of-week recovery, after American Express, the largest US credit card lender yesterday reported Q108 earnings that were ahead of... 2008-04-25

A quintupling of the offer for Bear Stearns by JP Morgan , with continued backing from the Fed to the tune of US$29bn, was a brief positive for the Dow Jones equity index last week.... 2008-03-28

Volatility is again the watchword for the US equity markets. Last week saw 400 point gains followed by 300 point losses for the Dow Jones index, as investors initially took comfort... 2008-03-20

It's been another week of pain for US equities. Our sister publication Emerging Markets Monitor (EMM) has been bearish global equities since November 2007, and the fundamentals and... 2008-03-07

Have some pity for Federal Reserve Chairman Ben Bernanke.

Another week, another schizophrenic performance by the equity markets. After a few days of strong gains, the party thudded to a halt following Federal Reserve Chairman Ben Bernanke's... 2008-02-18