Divergence
I don’t think there is much doubt what is moving stocks higher right now. The run-up at the end of last week was touched off by Mario Draghi’s comments about unlimited monetary easing, persisting through what was at best a lackluster, though completely unsurprising, US GDP report. Perhaps stock investors were relieved that GDP was .. read more
On July 30th, 2012,
posted in: Markets by Jeffrey P. Snider Tags: Central Banks Dollar Swaps Dollar Shortage Stocks Earnings Revenue Growth Credit Markets



