Monday, December 22, 2008
The Euro pushed back above 1.4100 as the single currency has
steadily climbed since Friday’s low of 1.3828 before a record low in
industrial new orders reversed gains. October saw demand drop 4.7%
after a revised 5.4% decline the month prior, dragging the annualized
rate down by a record 15.1%.Talking Points
• Japanese Yen: Finds Support at 89.70
• Pound: Losses continue
• Euro: Falls... [read more]
Sunday, December 14, 2008
With deflation still a possibility, credit markets have a hard time loosening upInvestors
know the future will bring either inflation or deflation, but they
can't decide which. So they're erring on the side of a worst case
scenario, keeping the credit markets in a stranglehold and Treasury
notes extremely popular.Despite a moderate rise in the stock
market Friday, the yield on the two-year Treasury... [read more]
<<Home








