Let’s face it. With the Fed watching every move of the markets and everyone wondering how much additional stimulus/money/QE will come, the bears are not too interested in fighting the Fed.
For confirmation, the short interest ratio for the S&P 500 index is sitting at a point that does not show...
The ADP number was exceptionally weak. Missing estimates by over 150,000 shows that the slowdown is for real. It appears that last week’s economic reports are no fluke and the lower consumer confidence report that we saw yesterday was spot on.
The hardest hit area from the ADP report seems to...
Some of the more interesting and important items for May 31st :
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Severity of Europe E. coli outbreak stuns experts – Yahoo! Finance – BERLIN (AP) — The foodborne bacterial outbreak that has hit Germany and other European nations is unlike anything...
The U.S. dollar is hated; it is obvious and certainly with good reason. But, when the real trouble starts…we know where the safety trade is located.
While China is diversifying their assets, they are also creating losses for their U.S. holdings. One of these days, there will undoubtedly be a short...
Check out the relative valuations. The U.S. dollar is well undervalued and the Yen overvalued. At least using this calculation…
The BOE states: An effective exchange rate is a measure of the value of a currency against a `basket’ of other currencies, relative to a base date. It...
