Last night on CNBC’s Mad Money I was flattered to have Jim Cramer highlight our technical work on GM – watch here: We have had a bullish view on GM since late last year, but …
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This morning’s better than expected November non-farm payrolls number and lower than expected unemployment rate at 7% have for all intents and purposes almost guaranteed a taper in the coming months. The pundits on CNBC …
Continue readingQuietly and without fanfare, interest rates in the U.S. are making multi-month lows this morning. The 10 year yield is at its lowest level since July, nearing the psychologically important 2.50 level: The more relevant …
Continue readingAfter Bernanke’s dovish comments last night, a global risk-on rally has ensued. Here are the highlights of the major overnight price action (much of it taking place within a couple hours of Bernanke’s speech): 1) …
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