He must be talking about main street
Comments »Monthly Archives: September 2011
Italy’s Senate Votes in Favor of Berlusconi Austerity Plan
Fed Report: all 12 regions show modest growth
Comments »WASHINGTON (AP) — Despite the turmoil that shook the financial markets last month, the Federal Reserve says its 12 bank regions grew modestly this summer because consumers spent more in most parts of the country.
The Fed survey notes growth was mixed and some regions reported weaker expansion. But the survey appeared to be an improvement from the previous report, when the central bank said growth had slowed in eight of its 12 regions in June and early July.
The survey looked at economic conditions around the country from mid-July through Aug. 26. It was based on reports provided by the Fed’s 12 regional banks. The regional outlook will help shape the discussion at the central bank’s next meeting on Sept. 20-21.
European Markets Close Comfortably in the Green
| Symbol | Name | Last Trade | Change | Related Info |
|---|---|---|---|---|
| ^ATX | ATX | 2,151.1012:09PM EDT |  50.00 (2.38%) |
Components, Chart, More |
| ^BFX | BEL-20 | 2,168.9012:10PM EDT | 59.01 (2.80%) |
Components, Chart, More |
| ^FCHI | CAC 40 | 3,073.1811:55AM EDT | 107.54 (3.63%) |
Components, Chart, More |
| ^GDAXI | DAX | 5,405.5311:45AM EDT | 211.56 (4.07%) |
Components, Chart, More |
| ^AEX | AEX General | 281.0512:10PM EDT | 7.72 (2.82%) |
Components, Chart, More |
| ^OSEAX | OSE All Share | 413.2412:15PM EDT | 13.04 (3.26%) |
Components, Chart, More |
| ^SMSI | Madrid General | N/A | 0.00 (0.00%) | Chart, More |
| ^OMXSPI | Stockholm General | 290.3612:31PM EDT | 9.62 (3.43%) |
Components, Chart, More |
| ^SSMI | Swiss Market | 5,501.2611:31AM EDT | 134.02 (2.50%) |
Components, Chart, More |
| ^FTSE | FTSE 100 | 5,318.5911:35AM EDT | 161.75 (3.14%) |
Components, Chart, More |
Which Currencies Offer the Next Safe Haven ?
With a potential double top in gold and the SNB France peg where are the next safe haven plays ?
Comments »Energy Stocks on Fire Today
Chart Analysts Point to a Double Top in Gold
Ron Paul at the Palmetto Freedom Forum in S.C.
The SEC to Investigate ETF’s
Today’s Top Performing ETF’s
No. Ticker % Change
1 SOXL 8.25
2 DZZ 7.84
3 GLL 7.79
4 COWL 7.50
5 FAS 6.79
6 ZSL 6.73
7 ERX 6.61
8 TNA 6.58
9 CURE 6.03
10 RETL 6.01
11 UVT 5.83
12 MWJ 5.69
13 DUST 5.22
14 TYH 5.11
15 UYG 5.03
16 UKK 4.94
17 EDC 4.92
18 DZK 4.84
19 JJN 4.78
20 DIG 4.78
21 TMV 4.78
22 UPRO 4.76
23 DRN 4.73
24 MATL 4.69
25 BGU 4.64
Volatility Suggests Equity Markets Have Another Leg Down (Chart Study)
Mitt Romney Unveils a 59 Point Jobs Plan
Greek Default Calculated at 88% According to CMA and CDS Markets
Quotes From EU Finance Ministers Suggesting the Euro is DEAD
Retirement Becomes Elusive As Debt Consolidation Keeps People From Retiring
Obama’s Job Speech Expected to Request From Congress a $300 Billion Stimulus Package
Fed Seen as a Contributor of “Too Big to Fail” by Allowing Less Capital Requirements, Lower Rates, and Implied Bailout Conditions
No wonder the banks became so brazen with their business activities….
Comments »U.S. Banks Undergo a Second Stress Test and Subsequently Were Asked for Plans on Raising Capital
The stress test asked to replicate 2008 equity crash conditions. It is unclear about any plans for raising money, but the Merrill Lynch tracking stock is most likely an idea coming out of the stress tests.
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