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Fed Rescue Plan B Loses Impact
Dec 13 2007
A globally coordinated central bank rescue package announced by the Fed last night sounded pretty good, but ultimately failed to excite. The Dow closed up 41.
Rudi on Thursday
Dec 12 2007
Weekly musings from your editor. Silver is expected to outperform bigger brother gold next year, but only if you’re a silver bug who doesn’t believe in market consensus.
Not Happy Ben
Dec 12 2007
A 25/25 rate cut saw the Dow fall 300 points last night.
Euro To Benefit From Slowing Global Growth
Dec 11 2007
A study by Danske Bank concludes the euro will be among the beneficiaries of slowing economic growth.
Who Cares About Subprime Losses?
Dec 11 2007
The Dow rallied 100 points last night despite another big subprime write-down – this time from UBS.
The Week Ahead: Enough Said
Dec 08 2007
Fed rate decision.
Fair To Middling
Dec 08 2007
At 94,000, US jobs growth found an equilibrium point that resulted in a flat close on Wall Street.
The Folly Of The ADP November Employment Figures
Dec 07 2007
Wednesday’s November ADP employment release triggered a rally on Wall Street but Merrill Lynch’s David Rosenberg warns investors better not get fooled by the surprise -it’ll more likely turn out to be a fairytale.
Only Free Markets Go Down
Dec 07 2007
With the ratification of the Bush subprime bail-out plan, the Dow soared another 175 points.
Getting The Jump On Jobs
Dec 06 2007
A preliminary private sector jobs number put the cat among the economists last night and the Dow jumped nearly 200 points in response.
