Wall Street sat on the bench last night after several sessions of turmoil, amassing very little volume. Dow down 17.
Barclays’ quarterly survey of institutional investors shows commodities are the top pick for performance in the next three months, while inflation concerns are slowly increasing.
No further deterioration at Fukushima and attacks on Libyan forces heartened Wall Street last night and allowed a continuation of the bounce. Dow up 178.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
A brief look at important company events and economic data releases next week.
The newsflow slowed to a trickle last night regarding the nuclear threat, so Wall Street concentrated on other matters and became more bold. Dow up 161.
PFP Wealth’s Tim Price wonders why hedge fund stars are returning money to clients, and whether James Glassman is about to be proven wrong, again?
A glance through the latest expert views and predictions about commodities, with current threats to global growth viewed as likely to weigh on metal prices short-term.
Everyone’s suddenly an expert, and conflicting information had Wall Street on an hour by hour rollercoaster last night. Dow down 225.
Nuclear uncertainty led to a wide-scale exodus from commodity positions last night while the Dow opened down 300 points before finding fundamental buying. At the close it was down 137.