Consumer prices in the euro zone fell 0.2% in August, according to an initial estimate issued by Eurostat on Monday, from a 0.7% fall in July. No detailed breakdown of the data is available. August data are apparently higher than consensus, unrevised despite higher-than-expected inflation published in Germany and Spain late last week, according to [...]
Inflation Inflation Inflation !!! | read this item
Consumer prices in the euro zone fell 0.2% in August, according to an initial estimate issued by Eurostat on Monday, from a 0.7% fall in July. No detailed breakdown of the data is available. August data are apparently higher than consensus, unrevised despite higher-than-expected inflation published in Germany and Spain late last week, according to [...]
I have maintained that house price bounce will be the real indicator if there is any chance for the US banking system to survive in the Long run. This in no way means there will be improvement in manufacturing sector or for that matter mortage finance sector. The price bounce will just ensure the health [...]
One of the more difficult pieces of relationships I have seen is the relationship between euro and Oil. Both are heavily correlated with Rsquare >90%. The trend has recently been diverging to some extend with euro rallying sharper than Oil. Some have tried explaining this through the Anti Dollar trade but neither Gold nor Silver [...]
Was away with my day Job. Glad to be back. Things look stable for my portfolio. Ben got reappointed in my absence not that there was any doubt about it.
My view: This is the ultimate mistake Obama has made. Not that I had any respect whatsoever for Obama but he is breaking records in a [...]
Dollar Index Trend: Head & Shoulder ? | read this item
The dollar Index chart. It is on a continuous fall and trend is downward. It does show a nicely forming Head and Shoulder formation. The reason why the trend may be broken are:
1. Equity markets take a hit and money moves into US money markets as “safe haven”. Early indicators to this happening is Yen/usd [...]
Purely on usd/yen which is moving contrary to S&P again. S&P up while $ goes down to YEN to 93.8 ? Another chance to short S&P. Will wait for tmrw asia session to see if Yen pulls back to 94.5. If it continues to fall S&P is headed down for sure.
Greatest investing oppoturtunities of this century | read this item
Many of us missed the bear market of 2000-2003. Then we missed the super bull run from 2006 onwards, then the brutal fall of Sept/oct 2008 and finally the ris in market mar 09. Looking forward these are the opportunities that I see. These are not day trading ideas but strategies over a long period [...]
Today; the U.K. released CPI for July’s coming flat reading in July, less than previous 0.3%, but better than forecasted -0.3%. On the year, the reading came inline with the prior at 1.8%, which is higher than the expected 1.5%. The annual rate fell for the second month below the targeted 2% set by the [...]
