Con-way Inc. (NYSE:CNW) is a California-based provider of transportation, logistics, and supply-chain management services, a sector where Baird has noted fluctuations in strength that relate to GDP growth. Dan Amoss, editor of Agora Financial's Strategic Short Report, explains how the Baird finding applies to Con-way’s business prospects.
[Read more...]The Central Bank Gold Shell Game Continues
We recently reported the Bank for International Settlements (BIS) has been accepting gold like a “pawn shop” for central banks, but the BIS has since changed its tune. It emailed The Wall Street Journal to say the 346 tonnes of gold it has added to its vaults belong to commercial banks and not to central banks. Sure, anything’s possible… yet this version of events seems unlikely, and we'll explain why below.
[Read more...]Why It’s Time to Pull Out of the Pound
The British pound has experienced a great run over the last month. It has gained an impressive 6.1% against the US dollar and has appreciated 11% against the euro since March. But all of that looks to come to an end.
With market volume and interest relatively nonexistent during summer months, and a lack of any real news events for now, investors are likely to focus solely on fundamentals – the forces that really run the country.
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The Incredible Impact of the Words Made in China
The “Dress code� section on the bar's website says it all:
“Come dressed glamorously: we love glam grunge, glam & groovy or haute glam couture, but leave the flip-flops and board shorts at the beach…â€?
Shanghai is not the kind of city most expect to see when they visit the world's largest “Emerging Market.�
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