Disconnected from reality? Are elevated prices in U.S. markets showing a disconnect from reality? Is the free flowing Federal Reserve liquidity too easily available? Are central banks too eager to please? Are central bank fearful of failure? Do they really need to step in every time economies face a problem?Read More →
European stocks slide European stocks fell Friday as German industrial production slumped. Investors were also waiting for U.S. jobs data due for release Friday at: 13:30 GMT. The coronavirus concern remains high! Industrial data readings German industrial production came in far worse than expected, with a 3.5% drop in DecemberRead More →
Global futures surge and European stocks climb on reports from China of a new treatment for the coronavirus Coronavirus treatment? Unconfirmed report China Global Television Network (CGTN) – covering a report from China’s Changjiang daily, note researchers are reported to have discovered that a combination of two drugs, as aRead More →
Stocks rebound Global stocks recover lost ground after falling on Monday 27th January 2020. European stocks pick up The FTSE 100 closed Monday at: 7412 down 174 points but picked up Tuesday by 77 points to close at: 7481. Germany’s Dax dropped Monday by 372 points to close at down:Read More →
Stock markets fall Asian stocks drop as mounting concerns of the coronavirus take hold and investors fret over the potential harm to global economies. Markets around the world fell sharply on Monday. Japan’s Nikkei index fell by 2%. The FTSE 100 was down by 1.75%. European indices also suffer bigRead More →
UK FTSE 100 is cheerful today as data shows service sector returned to growth Purchasing Managers’ Index – PMI – for January came in at of 52.4, ( a sixteen month high) and up from December’s figure of 49.3. A figure of 50 or above indicates expansion. The FTSE 100Read More →
Asian stocks have fallen as investors grow concerned that the spread of a new virus in China will impact economic growth. Beginning Thursday all public transportation was suspended in the Chinese city of Wuhan, where the outbreak is believed to have started. Asian stocks drop The Shanghai composite fell 2.75%Read More →
Scheduled events 22nd January 2020 World Economic Forum at Davos. UK public sector net borrowing data due. Canada price index data and interest rate decision due. U.S. housing data. Shares in Asia made gains, as earlier investor concerns about the coronavirus in China eased. Netflix results Netflix reported results forRead More →
The S&P 500 on Monday 13th January 2020 set a new all time record. Record close The index closed up at: 3288 – far far higher than that predicted by analysts. Indeed, many analysts in December revised their own predictions up! I’m guessing they pretty much got that one wrong.Read More →
Or should that be indices U.S. stocks have shown remarkable resilience in recent years. All rise They have all climbed ever higher, breaking new records despite many uncertainties circling the U.S. economy such as, Trump’s impeachment, allegations of election shenanigans, allegations of model payoffs, recessionary fears, inverted yield curves, droneRead More →