Many of you may be asking yourself, “what’s changed since last week with the EU bailout?” One would think there would surely be some sort of news or development concerning the exact structure of this plan, rumored to be a sovereign debt backstop of $1 trillion USD. Is there surely some plan moving forward?

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“That will never happen to this country.” – Timothy Geitner in response to suggestions that the U.S. Treasury may one day lose its Aaa credit rating. Perhaps inspired by Niall Ferguson’s dramatic Financial Times piece, “A Greek Crisis Coming To America“, we see today as a prime opportunity to recap our short U.S. Long Term
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The last week has seen 100 day moving averages torn apart, surprises from economic data reports, and one of the most notable sell-offs for stocks in some time. Recently, many home gamers and pros alike, have put financials out of their purview. The erratic and effectively risky nature of these names are less than inviting, but
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Summing up the pieces that have lead us to the strange "here and now" in global financial markets may produce a different result for each market practitioner, yet there are truths agreed upon by most worth mentioning. The purpose of this article is to identify some truths and un-truths, which will provide a fresh slice
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The genre of investing known as "fixed income" has been written off by most investors over the past decade as uninteresting, largely due to the seemingly dry nature of the bond market. Returns on bonds are more stable compared to stocks but generally lag profits made by the basket of S&P 500 equity shares amidst
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While the GDP revision came in slightly worse than expected at -5.7% Q1 growth, the main issue facing markets Friday is the potential for an inflationary environment spurred by U.S. Treasury rates increasing. The $2 Trillion of Treasury debt to be auctioned throughout the remainder of the year has frightened bond markets and equity markets
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Much of the losses in equity markets across the globe on Thursday were the result of poor economic data as well as concerns over the credit worthiness of the Unites States, UK and other western borrowing soverigns. The scare has been in place for weeks and months with the announcement of historically swollen stimulus packages
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Equities gained upward momentum in U.S. markets Friday morning after headline econ data was reported in line with expectations. However, the S&P 500 and DJIA turned negative by noon EST as distress signals in the automobile industry and economic report autopsies pulled equities down. The Consumer Price Index (CPI) changed 0.0% from March to April,
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A slew of reports released Wednesday morning proved unsympathetic to hopeful bulls, reversing better than expected trend. First out of the gates was the MBA mortgage purchase applications index, clocking in at 265.7 for the May 8 ended week, showing statistically unchanged levels form the previous week's index of 264.3. An 11.2% drop in refinance
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The global recovery rant can be difficult to swallow for traders who take note of deteriorating demand seen around the globe in all countries minus China. Yes China is very large and can cause for an increase in demand for commodities, but the recent appreciation in resource prices from crude to copper to softs in
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