There's no evidence we are in a bubble right now, says St. Louis Fed chief Jim Bullard, appearing on Bloomberg. Notable in the discussion is Bullard apparently dropping any of his previous musings about imminent tightening. He calls 200K a good benchmark for NFP - not a prediction for today, but a number he would like to see on a regular basis. [View news story]
Maybe it will be the U.K., not Greece exiting the EU. In a move dubbed "the gamble," David Cameron will offer citizens a referendum on the U.K.'s EU membership if his government is reelected in 2015. Designed to get better terms from Berlin and Paris, the policy might just have the effect of prompting other governments to do the same. European officials probably don't want citizens voting on this sort of thing. [View news story]
Bernake announcing QE3 tomorrow or next week or the week after that would be mind blowing.Having said that I have been wrong in the past so I guess you could put me on the sidelines as well.
A more interesting chart to examine would be the approaching death cross and the possible head and shoulders on both the Dow and the all important S&P.
There's no evidence we are in a bubble right now, says St. Louis Fed chief Jim Bullard, appearing on Bloomberg. Notable in the discussion is Bullard apparently dropping any of his previous musings about imminent tightening. He calls 200K a good benchmark for NFP - not a prediction for today, but a number he would like to see on a regular basis. [View news story]
To The Moon Tuesday: Damn The Torpedoes! [View article]
And the people were singing
Na na na na la na na na na ...........
To The Moon Tuesday: Damn The Torpedoes! [View article]
Maybe it will be the U.K., not Greece exiting the EU. In a move dubbed "the gamble," David Cameron will offer citizens a referendum on the U.K.'s EU membership if his government is reelected in 2015. Designed to get better terms from Berlin and Paris, the policy might just have the effect of prompting other governments to do the same. European officials probably don't want citizens voting on this sort of thing. [View news story]
I don't think so.
Greece Is Fixed... So They Say [View article]
Markets Calm On Quiet Day [View article]
Compromise Seems Futile As Cliff Nears [View article]
So You're Telling Me There's A Chance ... [View article]
25 Years Later: Lessons From The Crash Of '87 [View article]
So You're Telling Me There's A Chance ... [View article]
Quarter Ends With A Whimper [View article]
Jobs Report Favors Change [View article]
Choose wisely America.
Protect Yourself At All Times [View article]
Bulls Assume QE3 Will Happen [View article]
Market And Regulatory Responses To Creative Destruction: The Case Of HFT [View article]