Author: Followthemoney.com

June 8, 2010 Author: Followthemoney.com

DOW JONES Slides To 7 Month Low; GOLD Reaches $1250/oz

Stocks fell on Monday in a late-day selloff that took the Dow Jones Industrial Average below its lows of the May 6 “flash crash.”
The Dow ended down 115.48 points, or 1.2%, at a seven-month low of 9816.49 and below 9869.62, its low-point of the May 6 slide. That day, buyers rushed into the market at that level, helping pare a 1,000-point drop to a decline of 347.80 points.

June 7, 2010 Author: Followthemoney.com

Top Central Banks Not Planning Shift Out of Euro

Some of the world’s richest central banks will not stop investing in the euro, supporting its reserve status, despite the sovereign debt crisis hammering the euro zone’s currency, government sources said.

Author: Followthemoney.com

Bilderberg 2010: Final List of Participants

Here’s the list of attendees at the 2010 Bilderberg meetings.

June 6, 2010 Author: Followthemoney.com

“The Retirement Time Bomb” Overcoming 7 Financial Land Mines That Can Destroy Your Retirement

Description: In this informative webinar, you will learn: An overview of the ideal financial plan as we head into the future. A Biblical worldview on the future of investing. An unusual prediction on where the financial markets may be heading based upon Bible prophecy. How to set financial goals in difficult economic times like these. […]

June 5, 2010 Author: Followthemoney.com

(VIDEO) Man who exposed Bilderberg reveals conspiracy secrets to EU

Secretive and elite – the Bilderberg group, which unites some of the World’s most powerful people, has been meeting behind closed doors for decades

Author: Followthemoney.com

The PIIGS Are Getting Hungary

On this week’s program, Jerry Robinson gives his insights concerning the widening European Debt Crisis, the BP Oil Spill, along with an in-depth look at the other most important headlines of the week. Our special guest interview is with Paul Nolte, CFA (Dearborn Partners, Managing Director). Mr. Nolte provides his market outlook for equities for the next several months.

June 4, 2010 Author: Followthemoney.com

Government Jobs Account for 95% of May Job Increases

American companies hired fewer workers in May than forecast and workers dropped out of the labor force, indicating government support is still needed to spur economic growth. Private payrolls rose by 41,000, Labor Department figures showed today, trailing the 180,000 gain forecast by economists. Including government workers, employment rose by 431,000, boosted by a jump in hiring of temporary census workers. The jobless rate fell to 9.7 percent from 9.9 percent.

June 3, 2010 Author: Followthemoney.com

U.S. National Debt Tops $13 Trillion Mark

The federal government is now $13 trillion in the red, the Treasury Department reported Wednesday, marking the first time the government has sunk that far into debt and putting a sharp point on the spending debate on Capitol Hill.

Author: Followthemoney.com

Feds halt new oil drilling in Gulf

The Obama administration is blocking all new offshore drilling in the Gulf of Mexico, a day after regulators approved a new permit for drilling in shallow water.

Author: Followthemoney.com

Fed’s Hoenig lays out plan to hike interest rates

Thomas Hoenig, the president of the Kansas City Federal Reserve bank, laid out on Thursday his proposed plan to take short-term interest rates from near-zero to 4.5%. In a speech in Bartlesville, Okla., Hoenig said the country pays a high cost for low interest rates, suggesting that the financial crisis stemmed from the very low interest rates of 2002-2005.

Author: Followthemoney.com

Goldman Sachs sold $250 million of BP stock before spill

The brokerage firm that’s faced the most scrutiny from regulators in the past year over the shorting of mortgage related securities seems to have had good timing when it came to something else: the stock of British oil giant BP.

According to regulatory filings, RawStory.com has found that Goldman Sachs sold 4,680,822 shares of BP in the first quarter of 2010. Goldman’s sales were the largest of any firm during that time. Goldman would have pocketed slightly more than $266 million if their holdings were sold at the average price of BP’s stock during the quarter.

April 15, 2010 Author: Followthemoney.com

FTMQuarterly Newsletter – Spring 2010 Issue (PDF)

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