AFPOil falls on euro zone worries, weak economic dataCNBC.comNEW YORK (Reuters) – Brent crude oil fell on Thursday, touching the lowest level since December, as investors avoided bets on riskier assets with the turmoil in Greece deepening and fears ris…
Crisis contagion spreading to the core
Reuters Nov 15, 2011 – 8:25 AM ET | Last Updated: Nov 15, 2011 8:27 AM ET
LONDON — Contagion from the eurozone debt crisis spread on Tuesday with top-rated issuers’ premiums over safe-haven Germany hitting…
ECRI Still Adamantly Campaigning For A Recession
by: Dr. Duru November 9, 2011
November 7, 2011, Lakshman Achuthan of the Economic Cycle Research Institute (ECRI) appeared on CNBC again to talk about recession. Achuthan was very adamant in his insi…
Oil Prices Confirming ECRI Recession Call
by: Lance Roberts November 9, 2011
As goes oil, so goes the economy. Today we posted an update as to why oil price spikes hurt even more when disposable incomes are already under pressure, as it acts as an a…
Yesterday on CNBC Bob Pisani came on every hour regarding the Slovakian Vote saying, “They will assuredly vote YES”.
It was a gleeful moment when after hours I saw they had voted NO….even though Pisani was assuring everyone otherwise.
45 minutes ag…
Markets are getting destroyed today on a raft of concerns about the economy. Most notable is the crisis in Greece, which is watching its market evaporate furiously, even after a recent bailout of Greece that was designed to stem the contagion.
Thi…
The euro just slid amid a quick flurry of headlines (via Bloomberg) from both Greece and Europe. Here’s what just happened.
Greek PM George Panadreou told the Greek parliament that national unity is needed more than ever.
Translation: There’s no au…
The market was knocked down last week by the contagion that flowed from the silver margin increases. But as that was going on, POMO and…
The market had a big pile of new paper to settle last Monday, but then had plenty of POMO through the week and $18 billion…
This smacks of contagion. Maybe those who fear margin hikes in their neighborhood are scampering away. I find myself with somewhat mixed emotions on all this. On the one hand, flushing out the speculators works for me. On the other hand, setting up a s…