Update: Chinese stocks are seeing no lift whatsoever from the rate cuts…CSI-300 is fading fast…And*SHANGHAI COMPOSITE INDEX SLIDES 3.3%
*SUGA: HOPE CHINA RATE CUT WILL CONTRIBUTE TO CHINA GROWTH
Confusion reigns at Bloomberg also… (look at URL – original title, and compared to title posted at 8pmET)…And now…h/t BeermunkAs we detailed earlier:The Asia morning begins mixed in stock markets, The PBOC explains […]
ECB’s Greek ploy grabs Gartman’s attention
Discussing how earnings; Europe and oil impacted today’s trade, with Dennis Gartman of the Gartman Letter; CNBC contributor Herb Greenberg and CNBC’s Jeff Cox.
The rocky market action of the past week or so has prompted noted investor Dennis Gartman to issue a warning to his fellow investors: Be careful.”Use puts, use positions to defend yourself. […]
My future is perfect for me! In English, we use future perfect tense to talk about actions that will be finished before some point in the future. In my case, it is less than three (3) years away. My future is certain, however the duration is not! I planned for thirty (30) years in retirement just in case I am […]
Mike Bird
Dec. 9, 2014, 10:20 AM
19,069
Bloomberg.comSee AlsoShanghai Stocks PlungedEuropean Markets Got CrushedThe Bond Market Doesn’t Look Ready For What’ll Likely Happen On December 17Stocks in Greece crashed on Tuesday. At the close, the Athens Stock Exchange Index was down a mindboggling 12.78%.That’s the worst fall since 1987.The steep decline comes after the announcement that Greece’s presidential elections are being brought forward […]
In this global economy, a sniffle in Venezuela can cause a sneeze in Brazil, and the flu in credit markets…and high yield bonds and notes in NY money center banks from their loans to oil producers in North Dakota, and an hospitalization for high yield bond holders of packaged loans backed by oil through out the USA. All is connected. […]
This article originally appeared on the Independent Observer Blog.I recently took a look at housing for the first time in six months or so, and I thought it was time to examine the stock market in similar fashion to see where we are.In my market commentaries and videos, I have continued to discuss the positive trends and healthy fundamentals-which are […]
The number of Google searches related to business and politics can help predict falls in the stock market, researchers at the University of Warwick, in England, say.Scientists have recently begun investigating what people look for on Google and Wikipedia to help forecast the future. For instance, prior research has shown the rate at which people look up information about the […]
The Argentine stock market, the Merval, is going green after the news that the country will negotiate with a group of hedge fund managers over $1.7 billion worth of debt dating back to 2001. It’s up 1.14$% and climbing.Yahoo FinanceEarlier this week when the Supreme Court announced that it would not hear the case between Argentina and a group of […]
In 1792, 24 stockbrokers and merchants signed the Buttonwood agreement on Wall Street, agreeing to trade on a commission basis. But the very first scrip (acknowledgment of debt) exchanged hands on Wall Street in 1674, according to Phil Mackintosh, the head of trading Credit Suisse. The stock market has come a long way from the early days. “Many of the […]
Greece has been the epicenter of the eurozone debt crisis. And its ongoing economic depression is highlighted by the fact that a quarter of its workforce still lines up at the unemployment office.However, there are more and more signs that things are turning around in Greece. “Greece has been the most conspicuous example of the dramatic improvement in sentiment towards […]
