May 2012 NRA Housing News Doesn’t Keep Market Rally Afloat After Papademos Talks “Grexit”: U.S. equities still jittery and susceptible to Euro headline risk. Housing news didn’t help the market maintain an early rally today as news from Greece trumped economic data. The National Association of Realtors said today, median home prices rose 10 percent…
Greek Bank Headlines May 2012 Add To New Global Quantitative Easing Speculation: The U.S. stock market continued to fall after Greece debt crisis news made headlines and commodities continued to fall out of favor with investors. The S&P 500 fell to 1324.80, down .44 percent. The downside risks to the economy based on news about…
Top Story May 12, 2012 – European Union Downgrades Forecasts: The Impact On U.S. Growth and Concurrent Unemployment Weakness - Europe doesn’t seem to be getting better anytime soon. The European Union’s own data shows their economy is slowing and it’s possible the member countries will face contagion effects from slow growth with a common…
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…
Lack Of Economic Data Keeps Focus On Greece Leaving Euro In 2012 -Gold Dips U.S. equities markets had little economic news to trade on today and gapped downward in early trading as more people anticipated Greece would leave the EU. The focus on Greece left little interpretation for U.S. company earnings and some investors may…
