U.S. Markets Tip Tapering On September 2013 Fed Move, The Potential Impact On Emerging Markets, Europe?

Traders Indecisive As NASDAQ Halts Trading, Jobless Claims & Housing Starts Down: Fed tapering will have an impact on world markets and the U.S. housing industry.  Economic data for the week ended August 23 mainly, initial jobless claims and new home sales data was below expectations. Jobless claims for August 15, 2013 came in at[…]

January 2013 Rally Continues As Early Earnings Reports News Positive, Draghi Comments

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 started earlier this[…]

bull vs bear

August 2012 Rally Continues As Financials, Tech And Small Caps Outperform

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 they[…]

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July 21, 2012 Jobless Claims Fall By 35,000, Draghi Vows To Do “Whatever It Takes” To Keep EU Together

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 claims have[…]

fxe 6 month chart week ended june 29 2012

Obamacare Doesn’t Bring Down U.S. Stocks, 2nd Quarter 2012 Ends With A Bang On EU News

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[…]

fxe six month chart ended june 15 2012

Pro Bailout Greek Party Wins – Were The Elections Overhyped?

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 the[…]

1 euro

After The Greek Elections June 17, 2012 Attention May Go Back To Spain, Italy, Portugal, Ireland……

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 yields on bonds around[…]

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Markets Take Drubbing As European Headline Risk May 2012 Increases

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 traders rushed to get out[…]

Asymmetric Information: Greece Won’t Meet Deficit Reduction Targets

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 October deadline.  Yesterday, Greece’s finance ministry stated[…]

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[…]