Stock Market, Economics, Equity Analysis
Nov07
We wake up to "morning in America" with almost nothing changing. With its whopping 10%ish approval rating, Americans have spoken loud and proud – "Congress sucks!! Except for my Congress person." As for the presidential race, Obama won every…
Sep21
All is well this morning as yesterday's array of bad news only dented markets for a few hours before buyers came in to mitigate losses. Lines are forming country wide for iPhones and bailout terms are being prepared for Spain…
Sep12
While this bailout fund approval was widely expected by the German court it was a potential fly in the ointment. Futures are happy with the result as we begin day 1 of the Fed meetingl the euro rallies and the…
Aug23
Overnight another batch of poor economic news as flash Purchasing Manager indexes continued to show significant weakness. While there is nothing "new" here we are certainly not seeing any form of imminent turnaround in the data. In fact Chinese data…
Aug20
Spanish and Italian bond yields have fallen significantly this morning as a news item in Spiegel that the ECB is considering a plan to set a limit for sovereign yields. This would be a big change in strategy and more…