January 2013 Rally Continues As Early Earnings Reports News Positive, Draghi Comments:
Stocks climbed higher today after news abroad from Mario Draghi, President of the European Central Bank made it clear the EU will not be raising interest rates anytime soon. The news coincided with some brief optimism from U.S. earnings reports that start [...]
Posts tagged eu
January 2013 Rally Continues As Early...
January 2013 Rally Continues As Early Earnings Reports News Positive, Draghi Comments:
Stocks climbed higher today after news abroad from Mario Draghi, President of the European Central Bank made it clear the EU will not be raising interest rates anytime soon. The news coincided with some brief optimism from U.S. earnings reports that start [...]
August 2012 Rally Continues As Financ...
August 2012 Rally Continues As Financials, Tech And Small Caps Outperform:
Shorts were dismayed today as U.S. stocks continued the early August 2012 rally and the S&P quietly got closer to new multi-year highs. Traders have enough bad news from overseas such as the never-ending Europe crisis and a possible hard landing from China, yet t [...]
July 21, 2012 Jobless Claims Fall By ...
Jobless Claims Fall By 35,000, Draghi Vows To Do “Whatever It Takes” To Keep EU Together:
Unemployment claims for the week ended July 21, 2012 fell according to Labor Department today. Applications for jobless benefits fell by 35,000 and this was positive news for estimates of the unemployment rate in July. Jobless benefits cla [...]
Obamacare Doesn’t Bring Down U....
Obamacare Doesn’t Bring Down U.S. Stocks, 2nd Quarter 2012 Ends With A Bang:
Bullish sentiment rose at the end of the second quarter with stocks posting strong gains on the last trading day of June 2012. One day after Obamacare was deemed constitutional by the highest court in the land, the Dow rose 277.83 points to 12,880 up 2.2 perc [...]
Pro Bailout Greek Party Wins – ...
Pro Bailout Greek Party Wins – Were The Elections Overhyped?
The New Democracy party was able to pullout a narrow victory to beat the leftist SYRIZA party in the highly anticipated Greek elections held today. The New Democracy Party is considered the better alternative because they are euro currency friendly and advocate staying in th [...]
After The Greek Elections June 17, 20...
After The Greek Elections June 17, 2012 Attention May Go Back To Spain, Italy, Portugal, Ireland……
The European debt crisis won’t end on Monday.
The Greek elections tomorrow have received massive press and are currently the major headline risk reducing the global demand for equities. This is evidenced by the outrageous yie [...]
Markets Take Drubbing As European Hea...
Markets Take Drubbing As European Headline Risk May 2012 Increases:
U.S. equities markets tanked today as investors re-evaluated the economic situation in Europe with Greece and Spain leaving the European Union becoming a stronger possibility. Major sectors such as tech, financials, and energy fell below key technical price levels as trader [...]
Asymmetric Information: Greece Won...
Asymmetric Information-Greece Won’t Meet Deficit Reduction Targets:
New information shows Greek debt problem is worse than anticipated.
Greece released new information that it won’t meet its deficit reduction targets. This raised concerns that the country would not receive bailout funding from the IMF and EU before its mid Octobe [...]
Should Greece Stay or Should They Go?
Should Greece Stay or Should They Go?
It’s not just a moral hazard problem – it’s an information asymmetry issue also.
The European Union is in serious discord over Greece. The Greek debt issue that was scoffed at in early 2010 by many analysts has become a bigger issue. Some argue Greece is part of a regional contagion eff [...]
Ireland Applies for European Union Lo...
Ireland Applies for European Union Loans
Ireland has applied for massive EU loans. Ireland has formally submitted a request for loans to stop the huge capital flight that is occurring there. Ireland’s banks need assistance and the large EU-IMF loan will add more capital to its base to help ease the banking credit issues. AP reported [...]
