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Sighs Of Relief
Nov 14 2007
The Dow bounced back over 300 points last night following good news in retail and financials, and a sharp drop in the oil price.
There Goes The Carry Trade
Nov 13 2007
The move to risk aversion accelerated last night as credit crunch phase II intensifies. Gold copped the brunt of the selling.
The Week Ahead: Inflation And Recession
Nov 11 2007
The US, Europe, UK and China all report monthly CPIs this week, while a wealth of economic data may answer some recession questions in the US.
Tech Wreck
Nov 10 2007
It started on Thursday but was dampened by a misplaced short covering rally. Tech took a dive on Wall Street on Friday as financials tried to hang in. The Dow fell over 200 points.
Rio Explodes As Wall Street Fights Back
Nov 09 2007
The Dow bounced back from a 200+ point loss while the tech sector melted overnight. Rio rejected an offer from BHP.
It Ain’t Over Til It’s Over
Nov 08 2007
The Dow plunged 360 points last night on a number of issues, the most prevalent being the same old story – financial sector woes.
Rudi On Thursday
Nov 07 2007
Weekly musings from your editor. It would seem that institutional investors have started to withdraw some of their funds. Investors may want to consider their strategy ahead of the New Year.
Commodities Boom, Financials Recover
Nov 07 2007
The Dow put on over 100 points as the ever-weakening US dollar sent commodities skyrocketing and there was some buying in the financial sector.
Beware Of Global Currency Intervention
Nov 06 2007
Morgan Stanley analysts want to pre-warn the market that global currency intervention is a looming threat.
It’s A Bottom Pickin’ Market
Nov 06 2007
Asia called the Dow down 2% yesterday but got only 0.4% last night in another volatile session.
