Currency Positioning and Technical Outlook: Dollar Bulls have Over-Reached
The US Dollar Index bottomed on September 14, the day after QE3+ was announced. It reached a 2-month high before the weekend. It has now retraced half of the ground lost from ECB President Draghi's...
View ArticleBuyers Are Lining Up For A Piece Of Hostess Brands
Nov. 17 (Bloomberg) -- Hostess Brands Inc., the bankrupt baker of Twinkies and Wonder bread, may attract bids for its brands from rival Flowers Foods Inc. and private equity firm C. Dean Metropoulos...
View ArticleETF Insider: Don’t Try To Catch The Falling Knife
Investors endured a painful week of profit-taking on Wall Street as post-election worries over the looming “fiscal cliff” have taken center stage. Overseas, European policymakers did what they do best:...
View ArticleCheer Up America, The Economy Is Much Better Off Than You Think
Barely had the counting ceased in last week's presidential election when the news took a somber turn.Two of the next day's headlines read "Back to Work, Looming Fiscal Crisis Greets Obama" and my...
View ArticleHealth Care Thoughts: Health Exchange Delay
by Tom aka Rusty RustbeltHealth Care Thoughts: Health Exchange Delay The Obama administration has delayed the decision point on state health exchanges until December 14th. Much of the discussion on...
View ArticleHostess Shrugged
When a company peddling sugar-infused cream rolls to the most obese population on the planet goes broke, you know market conditions have broken down.Yesterday, Hostess Brands Inc., the company...
View ArticleRAIL TRAFFIC: Still Showing Signs Of Economic Softening
More of the same here. Rail traffic is still expanding, but showing definite signs of sluggishness. This week’s reading of 1.9% brought the 3 month average to 2.6% growth. That’s certainly in-line...
View ArticleChina’s Hu and Wen Economy
Nice graphic from the WSJ’s ChinaRealTimeReport blog of Chinese economy under the outgoing leadership of Hu Jintao and Wen Jiabao.The upshot? The country’s new leaders have some tough shoes to fill...
View ArticleGreenspan Doses Out Some Realism
Former Fed chairman, Alan Greenspan, dishes out some real gems to CNN’s Ali Veshi on the fiscal cliff and the country’s current economic situation, in general. He almost sounds like the inflation...
View ArticleThe Curse Of The 'Irreversible' Euro
Young educated Greeks are facing an insurmountable wall of unemployment [Merkel Has A Dream]. With little chance of finding a job in their field, they’re competing for any kind of job.Wages have...
View ArticleQuote of the Day: The True Economist
The bad economist pursues a small present good, which will be followed by a great evil to come, while the true economist pursues a great good to come, at the risk of a small present evil.- Frédéric...
View ArticleChina new home prices rose in 35 cities in October
New home prices in China rose in 35 out of 70 cities according to data compiled by National Bureau of Statistics, up from 31 out of 70 cities rising in September.Of 70 cities, 18 of them saw new home...
View ArticleOPTIMISM: What Keeps Us Alive Today Will Kill Us Tomorrow
Definition of a lie: any not entirely accurate representation of the world as we perceive it; what's not spoken can be as crucial as what is. So yeah, people lie. They, we, all do. Some of us...
View ArticleGreat Graphic: US Debt/GDP Long View
This Great Graphic comes from the Atlantic. The US public debt that that chart tracks is federally publicly traded debt. It stood at $11.4 trillion last week and does not include the $5 trillion of...
View ArticleThis Week In ETFs: November 18th Edition
Talks of the American Economies Fiscal Cliff cast a shadow over the economy as stocks consistently dropped throughout the week. Law makers announced Friday that there has been progress in budget talks...
View ArticleETF Pop Quiz: Engery, EG Shares, and Egypt.
After another week in the global markets, the ETFdb pop quiz returns with another round of questions about Engery, EG Shares, and Egypt.As always, all answers can be found using the suite of free tools...
View ArticleOne Picture Tells You Everything You Need To Know About The Economic Data...
One picture tells you all you really need to know about both the monthly and weekly data released in the past week. Here is a screen capture of a weather radar at about 10 p.m. on October 30, showing...
View ArticleBULL VS. BEAR: Here Are The Latest Arguments On Both Sides Of The Fight
This objective report concisely summarizes important macro events over the past week. It is not geared to push an agenda. Impartiality is necessary to avoid costly psychological traps, which all...
View ArticleHurricane Sandy And The Economy — The Lessons From Katrina
In studying the data for my latest Big Four Economic Indicators update, I wondered how much impact Hurricane Sandy might have had on the economy in October and what to expect in the months ahead. I...
View ArticleCRASH ALERT: A TOXIC MIX OF EVENTS HEADING INTO 2013
Greece, Fiscal Cliff Would Only Be The BeginningHere’s what everyone must understand, regardless of the current focus on the Fiscal Cliff and Greece. By themselves, taken either separately or together,...
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