Thursday’s ETF Chart To Watch: Industrial Select Sector SPDR (XLI)
Domestic stocks resumed trading yesterday following a prolonged weekend for the New York Stock Exchange, which was closed on Monday and Tuesday as a result of Hurricane Sandy sweeping over the east...
View ArticleHow The Markets And The Economy Performed For Every President Since 1900
With the presidential election just a few days away, I thought this might be a good time to recall the larger historical context of the US economy and markets with an eye on the party in power. First...
View ArticleBossa Nova, It Ain't
A new month has begun but the sounds are the same. Ahead of tomorrow's US jobs report, we should anticipate generally consolidative activity. The dollar is a bit bid in Europe, moving above JPY80...
View ArticleAbout reporting and water issues…
by David Zetland David Zetland is a senior water economist at Wageningen University in the Netherlands and maintains a blog on water issues at Aguanomics. It's not as simple as selling books Many...
View ArticleA Spooky Halloween Surprise From Goldman
The Goldman Sachs Analyst Index (GSAI) hit a new post-recession low this month. The index is a composite of corporate outlook by industry from Goldman's company research. In the past, the index...
View ArticleISM manufacturing PMI increased to 51.7 in October
The Institute for Supply Management’s US manufacturing PMI for October came in better than expected, indicating a continued expansion in manufacturing sector. Headline PMI number rose from 51.5 to...
View Article3 Facts About the Economy That Should Freak You Out
1. Long-term unemployment could last a generationThe median duration of unemployment is now 18.5 weeks, compared with a 50-year average of 8.2 weeks. The unemployment rate for those aged 16 to 24 is...
View ArticleNovember 1, 2012
Bonds, Debts, & the History of Default All of the ancient and modern economic powers have defaulted on debts they have owed to their creditors. Some have defaulted many times. Below is a partial...
View ArticleObama AND Romney Are Offering Flawed Plans To Save The Economy
What is really causing the economic malaise that the U.S. faces today? Most economists believe that it is the lack of aggregate demand that is causing the problem which can be rectified by continued...
View ArticleDaily ETF Roundup: Markets Rally On Solid Economic Reports
Wall Street kicked off the first day of November with a bang, as a slew of positive economic reports put some much-needed momentum back into the markets. According to the Institute of Supply...
View ArticleInvestors Shouldn't Forget That The Whole World Is Getting Older
As we grow and age, our needs and habits often change. The same is true of economies, which grow and change along with their people. Short-term statistics that impact a country’s economic growth rate,...
View ArticleChinese big 4 banks saw drop in deposits while lending fell in October
After the massive increase of banks’ deposit in September, Chinese banks saw massive decrease of deposits in the first 28 days of October while lending fell, according to 21st Business Herald. The big...
View ArticleFriday’s ETF Chart To Watch: SPDR Gold Trust (GLD)
Stocks soared into bright green territory as investors looked beyond the damages inflicted by Hurricane Sandy, focusing instead on the plateful of positive economic data at home. Weekly jobless claims...
View ArticleRomney shows he's a "know-it-all" who has no real ideas at all
(Dan here... This one is still relevant. I let it hang in drafts by mistake.) by Linda Beale Romney shows he's a "know-it-all" who has no real ideas at all. I missed almost all of the first debate...
View ArticleWhy The Stock Market Is Rooting For Obama
Subscribe to Pragcap Recent Comments Popular Stories DJ: Anybody taking on the Fed (whether politically or intellectually) is good. seam: And yet on a medium or lobger term view a non Obama...
View ArticleStill Skeptical of Breakouts
We have argued against expecting a near-term breakout of the dollar on the grounds that key issues that have made for broad trading ranges are not going to be resolved yet. The dollar is well bid in...
View ArticleEUR Bulls become Bears ahead of NFP
NFP, you cannot disappoint us, especially after yesterday’s run of US data being well received. Euro asset classes so far this morning remain little changed as investors remain cautious ahead of the...
View ArticleWhy It's Completely Ridiculous To Think That Mitt Romney Will Change The...
IFR: - Romney’s intention to not re-appoint Fed Chairman Ben Bernanke when his term runs out in 2014 could upset the supportive backdrop for risk assets that has resulted from ongoing quantitative...
View ArticleWisdomTree And iShares File For Corporate Bond ETFs
Stocks are on their way to settle into green territory for the week despite enduring a much unexpected start. Much to everyone’s surprise, trading on Wall Street has been fairly tame despite the...
View ArticleOre Mining… From The Unlikeliest Of Places!
How old is your car? Is it fairly new? Three years old? Five years? Eight years? Older than that? The reason I ask is that in general, cars are a lot like mines — iron mines, for example, or copper...
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