Tag Archives: bust

Boom, bust, repeat: China’s US$8 trillion equity market is behaving like a penny stock

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It looks like the cost chart of the over-the-counter penny stock: dizzying gains, abrupt U-turns, harrowing declines. If you believe Greece is bad, China could actually be a much bigger problem China\’s equity markets happen to be taking a real whacking for a while now, as a result. That\’s disquieting enough. Yet the actual concern is any knockdown effect within ...

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Gold Bust! What you need to know before markets open

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U.S. stock index futures are little changed today in front of a raft of earnings from technology giants, including Apple, and as the dollar continued to trade at a three-month high. The dollar index was down marginally at $97.88, its highest level since April on firming expectation of the U.S. interest rate hike later around.A fall in commodities capped gains ...

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Analysts say investors still haven’t learned from Nortel’s ‘boom and bust’

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TORONTO – It was 15 years ago this month when Nortel Networks\’ shares hit an all-time a lot of $124.50 on Toronto\’s stock exchange. The company\’s sky-high stock managed to get by far Canada\’s best company at the time – with a market value that briefly surpassed the banks and resource companies listed on the Toronto Stock Exchange. It didn\’t ...

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