I don’t have much to add about the horrific attack in Nice last night. It saddens me as it saddens you. In the immediate aftermath of 9/11 the world grappled with the threat of large scale, …
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In the long run, equities are the best investment. That market adage has held true in the U.S. for the past century, as the U.S. stock market has offered positive returns on almost every rolling 20 …
Continue readingOne major implication of the rate rise in the U.S. has been changing interest rate differentials. While emerging markets are seeing their rates rise in panicky fashion (accompanied by major currency declines), much of the …
Continue readingWhile the Moody’s downgrade of France stole the headlines last night, the main event for today is Ben Bernanke’s speech midday, at which some are speculating that he might outline QE4. I’m not quite sure …
Continue readingTrade Update May 17th, 2012 at 10:45am: Since buying this May 129/125/121 Put Fly for .56 about a month ago, the FXE is down about 3%. For a currency that is a decent sized move. Now with about …
Continue readingTrade Update May 15th, 2012 at 10:03am: Since buying this May 129/125/121 Put Fly for .56 about a month ago, the FXE is down about 2.4%, which doesn’t seem like a lot, but for a …
Continue readingCNBC Sales at U.S. retailers barely rose in April as the boost from an unseasonably warm winter faded, pointing to some loss of momentum in consumer spending early in the second quarter. Meanwhile, consumer prices …
Continue readingGlobal markets have found some relief the past few days on successful debt auctions out of Spain. Spain auctioned off 12 and 18 month notes overnight, by most accounts the auction was a success. Spain’s …
Continue readingYahoo Finance Stock futures continue to trade with a lead over fair value, but they recently eased back in response to a headline regarding the possible delay of bailout funds for Greece. However, it was …
Continue readingYahoo Finance The latest round of data has done nothing to inspire action ahead of the open. Retail sales increased by 0.4% during January. That’s only half of the 0.8% increase that had been expected, …
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