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“Goodbye safe havens, hello risky assets” seemed to be the theme during the past week as investors placed their bets on a global economic recovery, propelling stocks and other risky assets higher amid better-than-expected earnings reports. Global stock markets, commodities, oil, precious metals, high-yielding currencies and corporate bonds all put in a stellar performance as a bullish mood prevailed. Read all about this and the implications for financial markets in the weekly “Words from the Wise” review. [...]
Where on the “Irrational Exuberance Matrix” are we at this juncture in the US stock market? [...] More on this topic (What's this?) ITC Holdings (ITC) Green Power Express Motoring Along With MDU Resources Alliance (Green Stocks Central, 7/7/09) Dollar Bull Trend NOT Over (Comments for thetechnicaltake, 1/13/12) Dollar Bull Trend Definitely Over and How This Might Impact Equities (Comments for thetechnicaltake, 1/20/12)
This post offers a bumper compilation of the financial trials and tribulations that were captured on video during the past week. [...]
“This week, a compilation of indicators shows that the recovery is tentative at best – more likely, a global bottom has not yet been found. The leading indicators are stronger in some countries; exports are still declining at an annual pace of 20+ percent but stabilizing; and volatile retail sales growth rates are, well, quirky. Must wait for a trend – the US stock market(s) certainly see one coming!,” says Rebecca Wilder in this guest post. [...] | ||||||||||||||||||||||||||||||||||
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