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A Brief History of The Global Economy
LIKE THIS? JOIN OUR FREE NEWSLETTER Has copper lost its importance? The basic premise is that for the past few years, copper and other industrial metals, no longer play a critical role for global economic growth. Don’t take my word for it; the proof is in the charts. Since 2011, copper prices have been…
Adam Sarhan Reuters Quote: US STOCKS-Wall Street flat after data
US STOCKS-Wall Street flat after data 6.4.14 * ISM services report strong, but ADP report weak * Many investors worry about low volume and volatility * Protective Life jumps, Dai-ichi to buy * NQ Mobile has biggest gain ever, up 28 pct * Dow down 0.2 pct, S&P down 0.1 pct, Nasdaq up 0.1 pct (Updates to open, adds ISM data)…
Trader Talk With Art Cashin 3.11.10
Art Cashin, head of floor operations at UBS, has the buzz from the NYSE.
Reuters: Wall Street to open flat as ADP jobs data boosts rate hike odds
Wednesday, March 08, 2017 9am EST U.S. stocks were set to open little changed on Wednesday after a better-than-expected private sector hiring pointed to a healthy labor market, making an interest rate increase by the Federal Reserve next week near certain. The report is seen as a precursor to Friday’s more comprehensive nonfarm payrolls data,…
Commodities Outshine Stocks in 2010
December 2010 Stock Market Commentary: The major averages surged in December and enjoyed double digit gains in 2010. Furthermore, the 18-week rally which was confirmed on the September 1, 2010 follow-through day (FTD) remains intact which is a healthy sign for 2011. Background: Before we address the current market outlook, it is important to step…
Debt: How The World Economy Works
In a small town in Europe..It is raining, and the little town looks totally deserted. It is tough times, Everybody is in debt, and everybody lives on credit Suddenly, a rich tourist comes to town. He enters the only hotel, lays a 100 Euro note on the reception counter, and goes to inspect the rooms…