November 23, 2011 by Dan • Commentary

MorningWord: 11/23/11: This is going to be short and sweet this morning as I hope to get in Holiday mode very soon, but first we have to deal with some of the news overseas that caused …

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November 22, 2011 by Dan • Commentary

MorningWord: 11/22/11:  Last night the Congressional Super”Less” Committee announced what we all suspected when it was formed this past summer following the budget impasse: Failure.  And don’t go and worry your little self just yet, …

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November 21, 2011 by Dan • Commentary

MorningWord: 11/21/11: Friday’s sideways action at the low end of the recent trading range capping a 5 day period that saw losses in the SPX a shade below 4% was in hindsight a precursor to continued weakness.  As I …

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November 18, 2011 by Dan • Commentary

MorningWord: 11/18/11: Thursday’s afternoon action in the S&P felt a little panicky for the first time all week. There weren’t too many places to hide as financials, tech and energy all under-performed the broader market, while gold and crude got …

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November 17, 2011 by CC • Commentary

WaPo It’s not just Italy anymore. Spain’s borrowing costs are rising. French bond yields keep ticking ominously upward. The market conflagration is threatening to spread to all of Europe. Yet European leaders — especially German …

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November 16, 2011 by CC • Commentary

WSJ LONDON—European banks, increasingly concerned about their ability to access funding, are devising complex and potentially risky new deals that enable them to continue borrowing from the European Central Bank. The banks’ moves, which include …

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October 5, 2011 by CC • Commentary

WSJ- Tomorrow’s Tape: Rate Expectations Economics: 7:45 a.m. ET: ECB rate announcement. Will Jean-Claude Trichet’s last splash include a rate cut? It might not, but it should. 8:00 a.m.: The Bank of England rate announcement …

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September 6, 2011 by CC • Commentary

WSJ The Yield on the benchmark 10-year bund fell to a record low Monday, while Italian yields rose on fears the government’s commitment to austerity and reform is weakening, and investors questioned the European Central …

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