Weekly Economic and Market Review
Some not as bad as expected news on the real estate markets, some pretty damn good earnings, a Bernanke assurance that he remains vigilant at the controls of the printing press and the release of the results of the European bank stress tests were enough to move the US stock market higher by 3.5% last .. read more
On July 25th, 2010,
posted in: Economy by Joseph Y. Calhoun Tags: bernanke testimony, biden, bush tax rates extension, economic reports, economic statistics, european bank stress tests, european stress tests, existing home sales, housing permits, housing starts, index of leading indicators, jobless claims, retail sales reports, rogoff, romer, steep yield curve, stock market rally
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Market Update
Is the bear market over? Is the recession ending? Well, stocks have rallied off their lows in impressive fashion, the economic backdrop is improving, the Federal Reserve is buying every kind of asset imaginable and the consensus seems to be that this is nothing but another one of the sucker rallies we’ve experienced over the last .. read more
On April 15th, 2009,
posted in: Economy by Joseph Y. Calhoun Tags: australian dollar, chile stock market, chinese stock market, copper prices, economy, platinum prices, recession ending, stock market rally
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