By Horacio Marquez
Contributing Editor
Money Morning
There is no doubt that the global economic environment presents a very bleak outlook. The National Bureau of Economic Research (NBER) last week announced that the U.S. economy has been in a recession since last December – [...]
By Horacio Marquez
Contributing Editor
Money Morning
When – on August 22, 1851 – schooner-yacht America defeated 15 other yachts representing the Royal Yacht Squadron, racing around the Isle of Wight in England to win the renamed “America’s Cup,” Queen Victoria asked who was second. The famous answer was: "Ah, Your Majesty, there [...]
By Horacio Marquez
Contributing Editor
Money Morning
Apple Inc. (Nasdaq: AAPL) used to rule its niche world and will continue to do so, with lots of room to grow.
As Coldplay’s “I used to rule the world…” played softly on the outside stereo speakers of my sailboat “Southern Cross” as my family [...]
By Horacio Marquez
Contributing Editor
Money Morning
Brazil’s economy has been given a second chance. And so have prospective investors.
Brazil will use that second chance well – shouldn’t we?
Although there are a number of ways to play this promising “BRIC” (Brazil, Russia, India and China) [...]
By Horacio Marquez
Contributing Editor
Money Morning
PepsiCo Inc. (NYSE: PEP) shares plunged 12% in a single day last Tuesday – their worst one-day showing in 26 years – after the world’s largest snack maker and No. 2 soft-drink producer announced it would slash 3,300 jobs after [...]
By Horacio Marquez
Contributing Editor
The U.S. financial-services sector is undergoing the broadest restructuring of a single industry in the history of Corporate America, and Bank of America Corp. (NYSE: BAC) has positioned itself to emerge as one of three clear frontrunners. Indeed, along with Citigroup Inc. (NYSE: C) [...]