OPEC meets amid weak outlook, Iran tensions (via AFP) OPEC ministers gather this week in Vienna to review cartel’s oil output levels against the backdrop of a weak global economy, fragile demand, oversupply and simmering Iran tensions. The Organization of Petroleum Exporting Countries (OPEC), whose 12 member nations pump one third of the world’s crude…
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Latest Business Headlines
Spain passes market test, Merkel douses summit hopes | Reuters
by Newswires • • 0 Comments
(Reuters) – Spain showed on Thursday that it can still access the credit markets at an affordable but rising cost against a backdrop of feverish behind-the-scenes planning for a likely European rescue of its debt-stricken banks. Madrid sold 2.1 billion euros ($2.6 billion) of government bonds in a well-bid auction, paying just over 6 percent…
Bruce Krasting, Contributors- Economic and Financial, Must Read
On FX and Worst Fears
by Bruce Krasting • • 0 Comments
Two market developments are worthy of note today (so far). Gold is up 2.5% (off a very cheap low) and USDYEN and EURYEN have made very significant 1.3% moves down.
Stuff like this scares me. It looks like acceleration in the flight to quality. The ne…
Latest Business Headlines
U.S.-China talks may yield little major progress – MarketWatch
by Newswires • • 0 Comments
MarketWatchU.S.-China talks may yield little major progressMarketWatchBy Chris Oliver, MarketWatch HONG KONG (MarketWatch) — China experts don't expect high-level talks between Washington and Beijing this week to yield major progress on big issue…
Charts and Trading, Latest Business Headlines, Pretzel Logic E Wave Analysis and Market Commentary
SPX Update: 12-year Study of Investor Sentiment Points to a Top
by Pretzel Logic • • 0 Comments
The latest American Association of Individual Investors (AAII) sentiment survey numbers were released yesterday, and amazingly, were virtually unchanged from the week prior. For the second week in a row, bearish investors remain at 17%,…
Bruce Krasting, Contributors- Economic and Financial, Must Read
On FX
by Bruce Krasting • • 0 Comments
On October 25 I wrote about what, at the time, looked like an overvalued EURUSD (it was 1.3950). Zero Hedge had an article attributing the strength to ongoing capital repatriation by EU (primarily French) banks. My words:
As long as there is Euro repa…
Bears Chat, Best of the Forums
A New Lost Decade is Leading to Revolution
by Bears Chat at The Wall Street Examiner • • 0 Comments
Memo to the Super Rich, your high-paid lobbyists and your no-compromise political puppets whose sole mission is destroying the presidency: Yes, you are succeeding. You’re also killing the economy.
Tha…
Bears Chat, Best of the Forums
Very real possibility
by Bears Chat at The Wall Street Examiner • • 0 Comments
Quicky from FTAlaphavile –
1. – Ando | September 23 3:39pm it’s still a long grinding stagnation story against a backdrop of global deflation, this is just one of the dramatic interludes
2. –
SilverFox | September 23 3:41pm | @ando mayb…
Bears Chat, Best of the Forums
The 10 Crash Commandments
by Bears Chat at The Wall Street Examiner • • 0 Comments
I been in this game for years, it made me a animal
There’s rules to this s**t, I wrote me a manual
A step by step booklet for you to get
your game on track, not your wig pushed back
The Ten Crack Commandments, Notorious B.I.G.
I don’t try a…
Bears Chat, Best of the Forums
ADP: US added 217K jobs in February….vs 180K expected
by a Wall Street Examiner • • 0 Comments
Bloomberg link
This (strong) report may be partly due to (weak) number in January, then blamed on the snowstorms. The employment gain has occurred against a backdrop of extremely heavy, continual, govt stimulus. Nonetheless, these data add some real…
