Here are the key economic events that you need to pay close attention to this week: MONDAY April 1: Motor Vehicle Sales: Prior Consensus Domestic Vehicle Sales 12.1 M 12.1 M Total Vehicle Sales 15.4 M 15.4 M 8:58 AM - PMI Manufacturing Index … Continue reading
The following chart is pretty self-explanatory. I’d just like to add that this is a structural change and not just a temporary misalignment. This is the new America. Despite the DOW and S&P hitting all-time highs, the economic disparity between … Continue reading
As we end the 1st Quarter and move into the 2nd, lets take a moment and reflect back on what just transpired. As I type this post, my heart goes out to all the BEARS out there, who despite their impeccable … Continue reading
Number of countries in the European Union: 27 Number of letters in the following sentence: 25 Goldman Sachs Doing God’s Work. Greece and Cyprus - ELIMINATED. 2 Down, 25 More To Go.
Well, it seems that the whole Cyprus imbroglio has opened a completely new can of worms in what is already a crumbling union (Europe). It just goes to show how messed up Europe really is. Just when you think, “This … Continue reading
TOP STORIES: Cyprus reopens banks under tight restrictions GLOBAL MARKETS-Euro weak, Bunds up as Cyprus prepares to reopen Germans buy more retail goods as labour market robust BlackBerry reports 1 mln sales of new Z10 German investor eyes $8.2bln bid … Continue reading
Come on SONNNN !!! It’s fascinating how fast things change in this Wizard-of-OZ market. Just yesterday I did a detailed post on Italy (Read This), and why I believe Italy could be the next domino to fall in Europe. Sure … Continue reading
If you were to ask me on a normal day, “Which European nation do you think will be the next domino to fall?”, my answer, without even thinking twice, would be ITALY. Italy satisfies all the criteria of a nation on the … Continue reading
TOP STORIES: Cyprus students hold protest rally as banks stay shut Carl Icahn opens door to Blackstone tie-up on Dell bid Open software group files complaint against Microsoft to EU GLOBAL MARKETS-Shares, euro steady after Cyprus bailout U.S. justices take … Continue reading