Edit
) no-repeat top center;background-size:cover'>

FX is in Slo Mo

August 31, 2011
The foreign exchange market is a bit like a soap opera these days.  There is a major/macro story arc. Currently that is one of slowing or subdued growth among the major industrialized countries.  It is characterized by ongoing but slow recovery from the 2007-2009 financial and economic crisis.  And this despite historic amounts of fiscal and monet…
FX is in Slo Mo FX is in Slo Mo Reviewed by Marc Chandler on August 31, 2011 Rating: 5
Edit
) no-repeat top center;background-size:cover'>

U.S. Spending Eases Q3 Worries

August 29, 2011
News that US personal consumption expenditures rose 0.8% in July should go a long way toward easing anxiety that the world;s largest economy is slipping into a new contraction.  It means that even if Aug and Sept consumption slips back to trend (~0.2%) and no other major surprises, Q3 GDP is looking no lower than 1.5%.  This of course is nothing t…
U.S. Spending Eases Q3 Worries U.S. Spending Eases Q3 Worries Reviewed by Marc Chandler on August 29, 2011 Rating: 5
Edit
) no-repeat top center;background-size:cover'>

Nothing New from Bernanke

August 26, 2011
The much anticipated Bernanke speech in Jackson Hole is under-whelming. He did not break any new ground. While much of the recent history is re-hashed, the only forward looking guidance is to reaffirm the recent FOMC statement and boilerplate language about being prepared to deploy its range of tools as appropriate. He did not go into much detail …
Nothing New from Bernanke Nothing New from Bernanke Reviewed by Marc Chandler on August 26, 2011 Rating: 5
Edit
) no-repeat top center;background-size:cover'>

Why I am Going to Worry about Italy on my Summer Vacation

August 26, 2011
I am about to take a two week vacation (though will update the blog). I had some time off earlier in the summer, but it was dominated by the concerns of a father of a Little League baseball pitcher. Rather than worrying about mechanics and scoring, I will be contemplating the tragedy that is Europe and I think Italy is the keystone.
Italy is the l…
Why I am Going to Worry about Italy on my Summer Vacation Why I am Going to Worry about Italy on my Summer Vacation Reviewed by Marc Chandler on August 26, 2011 Rating: 5
Edit
) no-repeat top center;background-size:cover'>

Waiting for Godot

August 26, 2011
Bernanke's Jackson Hole speech is the main event.   The way the market has traded this week, despite most observers playing down the likelihood of a new policy announcement, many are positioned for something.  Disappointment would still seem to be the greater  risk.   The S&P 500 is up 1.6% on the week even after yesterday's decline of…
Waiting for Godot Waiting for Godot Reviewed by Marc Chandler on August 26, 2011 Rating: 5
Subscribe to: Posts ( Atom )
Powered by Blogger.