Jim Grant believes the Fed will or must hold up the market. Some analysts asses the market will be in a correction mode given high unemployment, weak housing, and the anticipated ending of QE 2.
Therefor QE 3 is in order to continue the floating of asset prices…
Comments »The bearded clam meeting and earnings of course:
“There will also be another gusher of corporate earnings reports, from about one third of the S&P 500 companies, including ExxonMobil [XOM 86.36 
0.71 (+0.83%) 
], Coca-Cola [KO 67.88 0.03 (+0.04%) ], Caterpillar [CAT 109.42 1.14 (+1.05%) ], Norfolk Southern [NSC 66.27 
-0.41 (-0.61%) ] andAmazon.com [AMZN 185.89 2.02 (+1.1%) ]. So far, about 75 percent of the companies reporting have beat earnings estimates.”
“Silver’s move “is not parabolic yet,” Rogers tells gurufocus.com. “I hope something stops it going up. All parabolic bubbles pop. All parabolic moves end badly. Maybe the U.S. dollar becomes confetti and silver goes to $150 — that would be a U.S. dollar collapse.”
Full article
Is history repeating itself ? It seems that China’s industrial revolution is consuming farm land at a rapid clip. With an aging population, empty cities, and a potential housing bubble; does China really need to build so quickly.
Secondly, as they grow over valuable farmland will they then bid up world food prices being the most liquid bidder for limited resources?
Comments »Forget tracking your where abouts. Smartphones can reveal a lot more about you.
Smartphones can predict your behaviors, monitor cultural fads, notice a wave of political movements, and a bunch of things that seem almost impossible.
Guess this will all end up in individually targeted marketing and advertising…
Comments »Essentially pressure was allowed to climb to high before releasing it. The facility could not handle this and may have caused more problems than necessary.
Comments »60% of $ managers polled are bullish.
60% expect a correction of 10% or more before year end.
Some favor more earnings upside and like big cap value……
Comments »“The standard way of thinking about the eurozone is this: Germany is strong, France is a bit less strong, and everyone else mooches off their strength.
Certainly that’s how it’s appeared lately, post-crisis, but that’s thinking way too small.
Floyd Norris at NYT sheds some light on what’s actually been the case, going back to the creation of the Euro: Germany is the biggest beneficiary around, and everyone else has been losers.”
Comments »Apparently now that some paper wealth is to be had people are parting with their coin.
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