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

Great Graphic: 2011 Ninth-Warmest Year on Record

February 02, 2012
The current heatwave in New York is more proof of global warmingclimate change. Check out this Great Graphic on Global Warming from NASA.

In this animation of temperature data from 1880-2011, reds indicate temperatures higher than the average during a baseline period of 1951-1980, while blues indicate lower temperatures than the baseline average.
Great Graphic: 2011 Ninth-Warmest Year on Record Great Graphic: 2011 Ninth-Warmest Year on Record Reviewed by magonomics on February 02, 2012 Rating: 5
Edit
) no-repeat top center;background-size:cover'>

Swiss Miss: 2011 Trade Surplus Jumps, Market Careful of SNB

February 02, 2012
Switzerland reported a CHF2.07 bln trade surplus in December. Although this was somewhat less than expected, the trade surplus for the year was about CHF24 bln which is almost 20% larger than 2010. Of note, half the export growth appears to be accounted for by German demand. Also luxury watch exports to Asia were up strongly.
The strength of the f…
Swiss Miss: 2011 Trade Surplus Jumps, Market Careful of SNB Swiss Miss: 2011 Trade Surplus Jumps, Market Careful of SNB Reviewed by magonomics on February 02, 2012 Rating: 5
Edit

Changing Rules of Engagement

February 02, 2012
(For more on this topic check out this piece I wrote about what Europe can learn from the Mets)
Europe has set some difficult targets for itself in terms of fiscal targets, all the more challenging given the recessionary conditions, and bank capital requirements. There is increasing pressure on officials to relax the targets. Investors need to be a…
Changing Rules of Engagement Changing Rules of Engagement Reviewed by Marc Chandler on February 02, 2012 Rating: 5
Edit
) no-repeat top center;background-size:cover'>

Chop City in FX

February 02, 2012
The dollar remains largely confined to clear ranges against the euro.  The $1.30-$1.3240 range has dominated for the past 5-6 sessions.   It is difficult to have a strong view within the range.   Yet short-term momentum indicators warn of the risk of a euro bounce in North America today. 
Sterling has fared better, rising yesterday to its highest …
Chop City in FX Chop City in FX Reviewed by Marc Chandler on February 02, 2012 Rating: 5
Edit

January Superlatives set to 90s Teen Pop Culture References

February 01, 2012
Most Likely to Suceed:Solar Energy There is no getting around the fact that we have an energy crisis in this country, and renewable energy is the only way we can tackle it. Solar is the Topanga Lawrence of energy. It's always been around and it's always been a solid option...and it's going to win out in the end.
January Superlatives set to 90s Teen Pop Culture References January Superlatives set to 90s Teen Pop Culture References Reviewed by magonomics on February 01, 2012 Rating: 5
Edit

PSI with Sweetener, Is it Enough?

February 01, 2012
The private sector involvement to reduce Greece's debt burden remain unresolved. Officials continue to talk as if it will still be any day now. Some observers attribute the euro's firmer tone today to greater confidence now that a new twist has been added.
Essentially, what is being proposed to entice participation and allow a reduction in…
PSI with Sweetener, Is it Enough? PSI with Sweetener, Is it Enough? Reviewed by Marc Chandler on February 01, 2012 Rating: 5
Edit

Dollar Surrenders Yesterday's Gains

February 01, 2012
Better than expected economic data from China and Europe is weighing on the dollar. The euro bounced smartly off the $1.3025 area seen in Asia. It appears to be stalling now near $1.3150 pending new incentives from the batch of US data (especially ADP and ISM). A modest new high on the day is possible, but yesterday's high near $1.3214 seems s…
Dollar Surrenders Yesterday's Gains Dollar Surrenders Yesterday's Gains Reviewed by Marc Chandler on February 01, 2012 Rating: 5
Powered by Blogger.