Cross posted at Shelter Harbor Capital October 17, 2012 Moody’s long awaited ratings decision has finally arrived and, and, and…it is a non-downgrade. In its reasoning for the non-downgrade, Moody’s cited the Eurozone’s willingness to backstop …
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Here is a good chart courtesy of Brad DeLong’s blog on decomposing the components that contribute to GDP, going back to 2000: Since the March 2009 low, exports and business investment have been …
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Overnight price action was again subdued as volume remains anemic. It seems like a case of most traders and investors afraid to sell after the numerous squeezes we’ve seen in the past month and a …
Continue readingWe’ve been beating a dead horse on the theme of slowing growth for some time now. I’ve even brought up the word Recession a few times. There are many reasons for our thoughts that growth …
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Business Insider The U.S. economy expanded by 1.5 percent during the second quarter, topping expecations for a 1.4 percent gain. Revisions were also not as painful as many economists had expected, with the Bureau of …
Continue readingI had a conversation with a fellow trader yesterday. I said that I preferred short stocks as opposed to long bonds as my risk-off vehicle of choice to play recessionary concerns in the U.S. He …
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Overnight price action is relatively quiet again after another quiet day yesterday. Earnings later this week and speculators returning from vacation should give a boost to volumes. Overnight, SPX futures rallied 10 handles shortly after …
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Reuters Stock index futures rose on Tuesday, indicating a rally in equities may continue after their first weekly gain since April, on hopes China may unleash more spending measures and Greek election polls pointed to …
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The headlines over the last 12 hours have been rightly focused on the debacle with JPM and its large writedowns. I spent 4 years of my professional career focused solely on trading options on financial …
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The UK has officially slipped into a double dip recession. From the WSJ: — U.K. GDP shrinks 0.2% on quarter in 1Q — U.K. officially back in recession after contraction in 4Q 2011 — Slide …
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