I am standing on the corner of the street, doing my duty to “give back” to society, in this case by yelling at morons passing by in the cars, “We’re freaking doomed, you moron! Your own stupid government has destroyed you by letting the foul, fetid, festering Federal Reserve create too much money that they [...]
EUR/USD The Euro found further support near 1.2650 against the dollar during… Source
Stocks made strong advances in US Wednesday, as the investors welcomed the encouraging PMI data for past month, and brushed aside the negative news coming out of weak ADP monthly employment report for private sector. The reading on manufacturing activity climbed in August, defying expectations of a decline and helping to calm worries about the [...]
EUR/USD The Euro was unable to break resistance levels above 1.2750 against the… Source
At yesterday’s central banking confab in Jackson Hole, Fed Chairman outlined what the Fed can do to further juice the economy… Source
The Economy’s Not Sick, Says Brian Wesbury–Everyone Just Says It Is… Source
The currencies are trading in the same clothes as yesterday. It’s almost like the movie Groundhog Day, for the euro (EUR) has performed the say way as the previous sessions… For instance, the euro rose up to 1.2765 yesterday, only to fall back to just above 1.27, and then overnight, like the previous night, the [...]
The U.S. economy grew at a tepid 1.6% annualized real rate in this year’s second quarter, the government reported today… Source
EUR/USD The Euro remained under downward pressure during the European session on… Source
U.S. stocks tumbled Tuesday as disappointing data on the existing housing sales for July, loomed large on the recovery of economy in a hurry. A broad decline in U.S. stocks sent the Dow industrials briefly below 10,000, on intensified worries about the global economic recovery, before a late recovery above the 10000 points. Dow Jones [...]
Stocks slipped to close sharply lower Wednesday after a report showed the U.S. trade gap widened, and foreign data cast doubt on overseas demand for American goods. Bank of England in UK also lowered its economy growth targets, which loomed large on the stocks. The Dow Jones industrial average plunged 265 points, or 2.5%, to [...]
EUR/USD The Euro drifted slightly weaker in early Europe on Friday, although… Source
The employment situation July release indicated a decrease in overall payroll… Source
The economy added a modest 42,000 nonfarm private jobs to payrolls in July on a net basis, according to today’s ADP employment report… Source
The Dow stood up on its hind legs yesterday – up 208 points. Gold rose $1. The dollar continues to fall. What to make of it? Well, it could be we’re wrong about this market. There seems to be a lot of money eager to get into stocks. It’s mostly fund managers and institutions. They [...]
Swipes, Likes and Retweets are in vogue. Just look at market valuations. I think all three are ‘gestures’ but Apple is best at monetizing for now. The iPad has been around long enough to get some serious feedback from around the globe. It’s a hit. Duh. I was a little off on it’s initial use [...]
Cramer explains why the growth in high-end portable toilets could be good for the economy. Original Source >>>
EUR/USD The Euro found support close to 1.30 in early Europe on Thursday and… Source
Yesterday morning I told you that the euro (EUR) had broken above 1.30, and I would check it to see how long it remained there… Well, this time it was more than 10 minutes, and the euro rose to 1.3040… But then the rug was pulled from under the single unit, and back below 1.30 [...]
EUR/USD The Euro held firm in Asian trading on Monday, consolidating around the 1.29… Source
