August 27, 2010 | Morning Briefing |
Revised second quarter GDP numbers this morning. At some point the economist forecasts will get so negative that the contrarian play will be to put money to work on a bet that the economy won’t sink into a renewed recession.
August 26, 2010 | You Might Have Missed |
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...
August 26, 2010 | Daily JAM, Stock Alerts |
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...
August 26, 2010 | Daily JAM, Short Term |
The drop leaves the unemployment picture essentially unchanged. The initial claims number has been stuck between 450,000 and 500,000 since November 2009 and this week’s figure just continues that trend.
In other words, there’s nothing in this morning’s news to give the stock market much hope or direction.
August 26, 2010 | Daily JAM, You Might Have Missed |
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...
August 26, 2010 | Daily JAM, Morning Briefing, You Might Have Missed |
An intervention by the Bank of Japan that fails would be the worst of all policy decisions since that failure would give traders a green light to drive the yen still higher without the fear of a yen intervention in the future.
August 25, 2010 | Daily JAM |
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...
August 25, 2010 | BHP, Daily JAM |
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...
August 25, 2010 | Daily JAM, Morning Briefing |
Durables orders without the very volatile transportation section actually declined in the month. This is bad news for the economy. Manufacturing has been one of the few bright spots for a U.S. economy struggling to put together a sustainable recovery. Now this sector too is showing signs of a slowdown.
August 24, 2010 | Mid Term |
But that’s not the worst conclusion you can draw from this number. If the housing industry wasn’t able to build a real recovery out of a temporary stimulus program, then maybe, the economy as a whole won’t be able to build a lasting recovery out of the $787 billion stimulus package passed by Congress in February 2009.
August 24, 2010 | Daily JAM |
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...
August 24, 2010 | Daily JAM, Morning Briefing |
If you’re investing for five years or longer what you really want to know is what economies will outperform in the long run. You want to identify the growth industries of the next decade. You want to know where global demand is going to squeeze global supply. You want to know where the global financial power is ebbing and where it is flowing.