Reuters China’s economy grew faster than expected in the fourth quarter, although tighter credit at home and weak export markets still weighed, dragging annual growth in gross domestic product to 8.9 percent in the fourth …
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Bespoke The S&P 500’s 22.86 point gain today put the index above the 1,230 key resistance level that it had been struggling to break above for the past few weeks. As shown below, the index now has …
Continue readingReuters Apple Inc. (AAPL) fell in late trading yesterday after profit missed analysts’ predictions for the first time in at least six years, evidence that customers delayed iPhone purchases before the release of the latest …
Continue readingBloomberg Slovakia’s opposition leader said lawmakers must find a way to approve Europe’s enhanced bailout fund, which was rejected yesterday amid a dispute over the future of Prime Minister Iveta Radicova. Slovakia “must sign up …
Continue readingHere’s an update on upcoming events in the Eurozone mess, from Dow Jones: –Thursday, Sept. 29: The EU/ECB/IMF troika returns to Athens to continue assessing Greece’s progress in cutting its budget deficit. The talks are …
Continue readingWSJ BERLIN (Dow Jones)–German Chancellor Angela Merkel’s center-right coalition faces a tough political test on Thursday when the parliament votes on expansion and reform of the euro-zone’s bailout fund, the European Financial Stability Facility. Parliamentary …
Continue readingHere are some bullet points on the rumors out of Europe. First off, if you are hearing about this ESFS for the first time today, here’s what it is. Remember these are rumors and could …
Continue readingAs I write at 9am, the S&P500 futures are down 70bps, the DAX is down ~80bps near the lows of the session, following a strong showing by Asia overnight up in sympathy with our strength …
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