Markets

Nov 29, 2000 at 00:00

With technology stocks in a freefall worldwide, we seemingly come closer to global financial crisis by the week. It is certainly no surprise that Asian stock markets and currencies generally…

Nov 22, 2000 at 00:00

Looks like Florida is not the only place undertaking recounts. Yesterday, Lucent said it was "recounting" fourth quarter sales due to $125 million revenue recognition issue. With the continuing deterioration…

Nov 15, 2000 at 00:00

Although attention is focused overwhelmingly on the Presidential election, there are some significant developments that should be recognized. While the Internet/telecommunications/technology bubble is in the process of collapse, evidence continues…

Nov 08, 2000 at 00:00

We regularly write that we are living in a truly historic period. Yesterday's extraordinary election was further confirmation of this view. Undeniably, we are witnessing history in the making, with…

Nov 01, 2000 at 00:00

Yesterday was the 10th largest gain (percentage and points) in the 29-year history of the NASDAQ Composite. Three of the ten largest NASDAQ percentage gains occurred in October, and eight…

Oct 25, 2000 at 00:00

There is considerable debate as to whether the market overreacted to Nortel's earnings. To help clarify this issue, we turned to Tim Heitman, ace telecommunications analyst at David Tice and…

Oct 18, 2000 at 00:00

Amazingly, already wild conditions have become only more chaotic in global equity, currency, and credit markets. Here at home, the NASDAQ100 today traded in an intra-day 9% range, with the…

Oct 11, 2000 at 00:00

The dollar has so far held together well considering the unfolding U.S. financial quagmire, with the dollar declining about 1/2 percent this week. After a brief respite, energy prices are…

Oct 04, 2000 at 00:00

And while the marketplace and media focus has been on a faltering technology sector and increasing credit-quality concerns, there is anther issue developing that is also market unfriendly. It is…

Sep 27, 2000 at 00:00

The credit market continues to demonstrate significant crosscurrents, perhaps driven by stronger than expected economic data and, at the same time, heightened nervousness in the corporate debt market. The implied…