Many see gold as a good place to stash cash because it will benefit from further global weakness as a flight to safety, but also stands to benefit from inflationary pressure should markets regain their footing.
Economically sensitive stocks have responded as expected and snapped back mightily from weakness of just a week ago.
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Same-store sales dropped 9.2% from the same quarter a year ago, as ongoing weakness in wireless services dating to a 15-month old struggle in a transition to Cingular from Verizon led to a 25% decline in sales of wireless handsets.
Same-store sales dropped 9.2% from the same quarter a year ago, as ongoing weakness in wireless services dating to a 15-month old struggle in a transition to Cingular from Verizon (nyse: VZ - news - people ) led to a 25% decline in sales of wireless handsets.
But dealers said they expect Tata Consultancy to benefit from the weakness in Infosys as the market leader is expected to post strong results.
Bellini this morning trimmed estimates on Autodesk, based on recent earnings reports from other companies as well as related commentary reflecting weakness in Europe and pockets of North America.
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As a consequence, Republicans were forced to negotiate from a position of weakness.
The report notes that while housing prices have rebounded from crisis lows, they have recently seen renewed weakness as tax incentives are ending and foreclosures are climbing.
Total PC dollar sales actually rose 1% from a year ago, as average prices increased 7%, reflecting the weakness in netbooks.
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Even as the economy remains weak, the currency is starting to strengthen, going from a weakness of over two to the dollar to around 1.99 Brazilian reals to the dollar on Friday.
Lately, many have been fixated on the recent weakness in the yen, as the dollar-yen rate has recently risen from around 75.5 yen to the dollar to 93.5.
Next Generation Equity Research's Davies blames overall weakness in the stock market, as well as discontent related to recent earnings guidance from the company.
Yet the commitments, for all their weakness, serve a crucial function: They prevent each side from using the other as a foil to justify inaction.
Cisco Systems could see an impact on financial results from the ongoing weakness in IT demand in Europe, Sterne Agee analyst Shaw Wu warned this morning, as he trimmed his estimates for the company and cut his price target.
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