Monthly Archives: March 2011
Copper Fluctuates on Global Growth Concerns
Polish Debt Rises to 53% of GDP
European Markets Rise With Miners Leading the Charge
Asian Markets Rally Back to Levels Just Before Japan’s Tragedy
Portugal May Propose New Deficit Revision Measures Shortly
Ivory Coast Rebels Control Key Cocoa Hub
High Oil Prices Brings $1000 Billion To Opec
Irish Life & Permanent Halted With Shares to be Taken Off Exchange
DuPont Extends its Offer for $6Billion to Danisco
European Markets Advance in Early Trade
European markets are up anywhere between 0.4% to 1.1%, with Germany being the outperformer.
S&P futures are 6 points above fair value.
Comments »Chemist Charged with Insider Trading at FDA
Volatility Has Been Crushed
Volatility measured by the VIX index is down 26% over the past 5 days.
Comments »Asian Stocks Ripping to the Upside
The Heng Seng is now up more than 400 and the NIKKEI is up more than 1.5%.
S&P futures are at session highs, up 3 points above fair value.
Comments »Report: It May Take 30 Years to Decommission Fukushima Plants
Because 4 of the 6 plants were cooled with seawater, they are now useless. The public will not support the remainder of the plants, which means they will likely be demolished. Early estimates indicate it will take $12 billion plus and 30 years of time to complete the job.
Comments »House Votes to Kill Obama’s Foreclosure Aid
Crunch Time For Consumers
The question is; will it matter to the economy ? Some have argued that most companies get a good portion of revenues from overseas. That in turn will not hurt the slowly “growing” economy. But what will happen to small business ?
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