Markets had to know this was coming. Seems like the selling is overdone.
Comments »Monthly Archives: July 2011
China May Let the SEC Investigate Fraudulent Burritos
Gold and Oil Fall on a Strong Dollar
The Portugal downgrade contributed to a stronger dollar and a weaker Euro hurting commodities…
Comments »Portugal Bonds and The Euro Fall on Moody’s Downgrade
These bonds were already trading at junk status; so it’s a wonder why they would tank more. They are not going to zero right ?
Comments »China Raises Interest Rates From 3.25% to 3.5%
Counter Punch to JPM’s China Comeback: A Chinese Black Swan
Comscore Shows Samsung is a Rising Star
They have managed to become the top handset manufacturer followed by LG and then Motorola.
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JPM Sites 4 Reasons For China Bears to Be Scared
CPI about to peak, inter bank rate flattening, slowdown appears to have troughed in Q2 2011, & signs of policy loosening….
Comments »Asian Markets Fluctuate; Nikkei Up by .26%
CFTC Releases Report on Commodity Futures Trading
Over 90% of the volume is day trading “speculators”.
“The balance of trading is due to day trading or trading in calendar spreads.”
Comments »Mainstream Media Is For Sheeple
[youtube:http://www.youtube.com/watch?v=5LvwzanCLCo&feature=related 450 300]
Comments »Stimulus Now Causing Economy to Shed Jobs
Private Sector Credit Scores Reach the Highest Levels in Four Years
Oil Prices Ignore Strategic Reserve Release
Bond Holders Challenge BAC’s $8.5 Billion Settlement
Some bond holders do not fell this is fair and equitable to all bond holders.
Comments »Nigel Farage: The Worm Has Turned
[youtube:http://www.youtube.com/watch?v=op25aMc590g&feature=player_embedded 450 300]
Comments »Gold Climbs 2% on Chinese Banking Fears
Economist Dean Baker Says Social Security “Problem” is Just Political Posturing
He further states there is no problem. According to records s.s. can payout every penny needed until 2036…
Comments »Banks Brace For Impairment Charges on Greek Bonds
Moody’s Downgrades Portugal to Junk Status
Growth risks and a second bailout prompted Moody’s to downgrade Portugal…..
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