Tradable Catalysts for Next Week
Events to Watch for the Week Coming Up The most important catalysts will be on the economic front. We will get the Nov manufacturing PMI/ISM readings (China hits late Tues night and the US comes Wed morning) as well as [...]
Top Stories on Ireland
Ireland downgraded by S&P (out Tues night) – Standard & Poor’s Ratings Services said today that it lowered its long-term sovereign credit rating on the Republic of Ireland to ‘A’ from ‘AA-’ and its short-term rating to ‘A-1? from ‘A-1+’. [...]
Today’s Top Stories: Shanghai falls ~2% $CAF, North Korean and South Korea at War
North Korea shells a South Korean island, killing one South Korean marine and wounding several others; South Korea has scrambled fighter jets to the area and raised its military alert to the highest level. South Korean president Lee Myung Bak [...]
Important Catalysts to Watch
The most important catalysts will be on the economic front. We will get the Nov manufacturing PMI/ISM readings (China hits late Tues night and the US comes Wed morning) as well as the US jobs report on Fri (the St [...]
Five Things the Market is Watching
The coming week will see news flow slow down meaningfully, w/the US observing Thanksgiving on Thurs (US equities markets are closed on Thurs and will close early at 1pmET on Fri). For the Fed/Treasury, all eyes will be on the [...]
Three Negatives that Hit Equities these Past Two Weeks
Stocks finish the day and the week flat (the SP500 was nearly perfectly unchanged W/W). Heading into the weekend, the SP500 is back to the levels immediately prior to the post-Fed surge (recall the Fed decision hit on Wed 11/3 [...]
Heres Six Things You Need to Watch
European Finance Ministers meeting – The most important event may wind up being the European Finance Ministers meeting on Nov 16 (at which Germany is hopefully going to provide some clarity on its plans for changing the European bailout frame. [...]
Chinese President is Not Drinking the Kool Aid on the Global Economic Recovery; Banks will Stop Extending New Loans
Chinese President Hu Jintao said on Sunday significant uncertainties remain about a global economic recovery and warned that trade protectionism had “risen notably”. Reuters China – the country may consider a series of measures aimed at preventing “hot money” from [...]
