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With the S&P 500 Index and a number of other benchmark stock market indices flirting with cycle highs, I will be monitoring things very closely over the next few days to see if the market’s overbought condition spells more downside potential than an expected consolidation. Or will the Index surprise us and fly trough the 1,151 area? Read on … [...] More on this topic (What's this?) Economist Gary Shilling: S&P 500 will drop 43% this year? (Value Investing, 4/11/12) Sell in May and Go Away? No Way! (Wall Street Daily, 5/10/12) Is This Bull Market Over? (Investment U, 4/16/12)
CBS’s “60 Minutes” has just spent two days interviewing Michael Lewis at his home in California. Lewis, of course, is the author of Liar’s Poker, The New New Thing, Moneyball, The Blind Side, Panic, Home Game and hot-off-the-press The Big Short: Inside the Doomsday Machine. His new book explains how some of Wall Street’s finest minds managed to destroy $1.75 trillion of wealth in the subprime mortgage markets. [...] More on this topic (What's this?) March Madness: A Game Changer for Offices Around the Country (Money Morning, 3/19/10) Final Four ready for Indianapolis (WC Power Tech Fund, 3/29/10) 1-800-Flowers.com: 'Undercover Boss' Should Drive Awareness and Business (COMMON STOCK $ENSE, 4/11/10)
I often refer to the technical analysis of Adam Hewison (INO.com) to provide insight into the most likely near-term movements of financial markets. He has just produced four short presentations on various markets, included in this post. [...] More on this topic (What's this?) The Death of the Dollar (Learn Mining News, 4/26/12) Will the Dollar Be Replaced As a Reserve Currency? (Investment U, 5/3/12) USD Rally Continues (Jutia Group, 5/9/12)
With the United States preoccupied with two wars, Russia is taking advantage of an opportunity to expand its influence and control over neighboring states. The first phase is nearly complete, and Stratfor analyst Marko Papic says pressure now is growing on the Baltics. Click through for the video. [...] More on this topic (What's this?) With Putin in Power It's Laughable Russia is One of the BRICs (Money Morning, 3/12/12) Russia Steals Shale Technology (Energy and Capital, 4/17/12) Nokia 808 PureView To Be Released In India & Russia This Month (Value Investing, 5/3/12)
By Cees Bruggemans, Chief Economist of FNB. Another good week of data releases, suggesting economic recovery is on track, steadily climbing out of the hole that was 2008-2009. Electricity output rose robustly further in January, indicative our electricity-intensive sectors are steadily expanding. With only 17% of electricity consumed by households [...] More on this topic (What's this?) FNB Fixed Investment Round Table: 3Q2010 (Wall Street Sector Selector, 8/25/10) F.N.B. Corporation Misses the Street's EPS Consensus (FNB) (Benzinga, 10/25/10) South African productivity (Wall Street Sector Selector, 8/26/10)
“The overall mood of risk aversion should continue to support the dollar, and there will still be expectations that the U.S. will outperform the euro zone over the coming months, which will tend to underpin the dollar. This trend, however, will most likely put a damper on President Obama plans to double U.S. exports over the next five years, as the dollar now has the euro to contend with for the global export advantage,” said Dian Chu in one of her regular guest contributions. [...] More on this topic (What's this?) Eurozone Descends into a Farce as "Grexit" Looms Large (Money Morning, 5/18/12) European Fiscal Compact In Crisis As Irish Vote Looms (Value Investing, 5/7/12) Greece Secures Bailout, Gold Prices Respond (Learn Mining News, 2/23/12) | ||||||||||||||||||||||||||||||||||||||||||||||
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