The recession in the peripheral countries of Europe are continuing and have affected the core, says Nouriel Roubini, Nobel Laureate economist and chairman of Roubini Global Economics. France and Germany have slowed down since their major markets, the peripheral Europe and Asia, including China, have witnessed slowdowns. The eurozone recession – fed by fiscal austerity, a strong euro, a bank …
ETF/No Load Fund Tracker Newsletter For Friday, December 14, 2012
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2012/12/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-12132012/ ———————————————————— Market Commentary Friday, December 14, 2012 US EQUITIES STUMBLE AS BUDGET STALEMATE CONTINUES; EUROPE EDGES LOWER Equities ended lower Friday as the stalemate over federal budget negotiations overshadowed a rise in industrial production and upbeat economic data showing China’s manufacturing may expand at …
Heading South As Budget Logjam Saps Confidence; Europe Tracks Lower
[Chart courtesy of MarketWatch.com] US equities fell today as the public standoff between the Republicans and Democrats in reaching a deal to avert recession-inducing tax hikes and spending cuts in the New Year overshadowed a drop in jobless rates and growth in retail sales. Ohio Republican John Boehner criticized the Democrats for looking to punish small businesses through tax hikes …
Index ETFs Erase Gains As Optimism Over Bernanke Talk Fades; Europe Holds Ground
The major index ETFs erased gains today as optimism over Federal Reserve plans to expand its balance sheet faded after Chairman Ben Bernanke warned the central bank doesn’t have the tools to shield the economy from the looming fiscal cliff. Stocks rallied to session highs after the central bank said it would add $45 billion a month of Treasury securities starting January …
US Stocks Crawl Higher On Budget Hopes, Fed Stimulus; Europe Rises On German Confidence
[Chart courtesy of MarketWatch.com] US stocks finished higher with the Dow Industrials erasing losses since the Election Day and the S&P 500 rising for the fifth straight day as optimism grew that the Federal Reserve will announce more stimulus when wrapping up its final meeting of the year tomorrow and awaited progress on federal budget negotiations in Washington hopefully comes …
Indexes Rise On Budget Hopes, China; Europe Tracks Higher; Stunning Video Demonstrates US Debt
[Chart courtesy of MarketWatch.com] The major market indexes finished modestly higher with the S&P 500 index extending tiny gains into the fourth straight session, it’s longest since August after economic data in China beat estimates, overshadowing political uncertainties in Europe and the continued stalemate over budget negotiations in Washington. Europe was back in the spotlight after Italian Prime Minister Mario …