EC Blue Light Special: Interesting Market News
DOW – 44 = 17,985SPX – 2 = 2097 NAS + 18 = 4924 10 YR YLD + .04 = 2.11%OIL – .77 = 51.37GOLD – 6.10 = 1208.20SILV – …
Read MoreDOW – 44 = 17,985SPX – 2 = 2097 NAS + 18 = 4924 10 YR YLD + .04 = 2.11%OIL – .77 = 51.37GOLD – 6.10 = 1208.20SILV – …
Read MoreForeign banks have been helping Americans dodge U.S. income taxes for years. But it’s taken decades for law enforcement to catch up with them. Bank Leumi, Israel’s second largest bank, …
Read Moreby Investors Unite This morning, Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) reported a $200 million profit in its fourth quarter earnings report. The company’s release noted that 2014 …
Read MoreThanks to plunging oil prices and uneven economic growth in the developed world, many of the emerging market stocks and bonds have seen renewed interest among investors. Investors are reallocating …
Read MoreThe situation in Greece boil down to the single most important issue for the financial system, namely collateral. Modern financial theory dictates that sovereign bonds are the most “risk free†…
Read MoreThis Great Graphic, constructed on Bloomberg, shows the US 2-year yield since the start of the month. The sharp rise in yields on February 6 was the response to the employment data …
Read MoreIt’s the time of the year again when I need to explain to myself what am I doing. There are lots of worries around the world: Ukraine (it’s a real …
Read MoreThe dollar dropped while gold rose early this morning as the markets reacted to the release of the Federal Reserve’s minutes from its January meeting. The minutes show that Fed …
Read MoreThe 2008 Crisis was not THE Crisis. The 2008 Crisis was largely a banking crisis focused on securities. The REAL Crisis will hit when the bond bubble collapses. The current …
Read MoreMinutes after the German finance ministry rejected Greece’s offer, the ECB released its first record of its recent meeting. The only item that rises to the level of a surprise might …
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