Guests: Frank Curzio and Terry Bedford shed some light on the current market action. First up is a great talk with Frank about the global economic picture. Then, Terry explains some strategies to employ when markets hit a rough patch.
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There is not much that can be said to change the fact that today’s NFP series was atrocious. Fortunately, the dollar dropped hard and that was able to help equities from getting totally slammed. If you think about it, it is really kind of pathetic that the reason the markets...
2011-06-03
There was a great deal of action on Thursday as the highly anticipated initial claims release had the potential to shed some additional light on what to expect for Friday’s NFP report. Estimates have been coming down and now the concern is that without additional stimulus, the economy is going...
Recently, Bill Gross, Pimco’s bond market king, discussed why he is bearish on U.S. Treasuries. He also reported that he has recommended selling most, if not all, U.S. long-term Treasuries and actually went short. You gotta love this guy….
We have been waiting for the markets to wake up and...
Yesterday was a nasty day for equity markets…on a global scale. Now we are starting to see a good amount of commentary that expects economic reports to remain weak, and possibly get worse. So much for being ahead of the curve guys!
Doesn’t it seem as though that once the...
