In case you missed it, here’s a summary of the ETF topics and market reviews I posted to my blog during the week ending on 12/23/2012. Anxiety about the fiscal cliff outcome was overridden by continued hope that a compromise would be in the cards which lifted the S&P 500 by about 1%. Friday’s sell off brought back the sobering …
One Man’s Opinion: Is The European Recession Continuing?
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 …
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 …
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 …
One Man’s Opinion: Will Europe return to growth in 2013?
Latest data shows German business confidence has firmed up after hitting a 2-1/2 year low, indicating a bottoming out for the economy, although overall data across Europe has been flattish, says Laurent Fransolet, head of European interest-rate strategy at Barclays Plc. The PMI survey results throughout Europe have been generally better than the actual hard data and even-though it’s too …
Last Week In Review: ETF News And Blog Posts To 10/28/2012
In case you missed it, here’s a summary of the ETF topics and market reviews I posted to my blog during the week ending on 10/28/2012. It was a different story this week as continued unimpressive earnings and guidance, uncertainty about the election and the usual host of European issues came to the forefront and pulled the major indexes lower. …