Of course, no one knows what will happen in Greece on Sunday–which is why stocks and the euro rallied this week
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...Costco versus Wal-Mart: Could Costco’s go slow be a better strategy?
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...Financial markets continue to move east: Hong Kong Exchanges acquires the London Metal Exchange
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...Don’t read much into this week’s rally–much/most/all of it is a result of shorts taking their profits before the Greek vote on Sunday
Think of it this way. Right now nobody is long Greece. Nobody has been going long Greece in the last few days. And I think that goes for Spain and Italy and France and Ireland too. But bears that have been short Greece and the other parts (or all) of the EuroZone aren’t piling on more bets on a disastrous Greek vote on Sunday either. Instead their taking profits, which drives up prices of financial assets in the short run
There’s a place for fundamental, long-term investing in your portfolio even in this market
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...Central banks get ready just in case the Greek election Sunday results in a flight to the U.S. dollar
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...Now even the optimists are worried about long-term over supply of fertilizers–but what the USDA says about planting levels in two weeks is the key short-term driver
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...U.S. stocks rally on bad unemployment claims number on theory that the news makes the Fed more likely to act next week
Today’s report on initial claims for unemployment continued a string of disappointingly weak results pointing to a slowdown in the jobs market. Initial claims for the week that ended on June 9 rose to 386,000 from an upwardly revised 380,00 for the week that ended on June 2. Economists had projected that initial claims would fall to 375,000
The odds are rising that the second half of 2012 will see a return of the disruptive climate pattern known as El Nino–commodity markets beware
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...Italian yields surge at auction today as bond buyers say, loudly, that the Spanish bank bailout isn’t enough
Well, at least, European leaders, as they prepare for their end of the month summit, are under no illusion that the proposed bailout for Spain’s banks was enough to hold the crisis at bay. In today’s brutal Italian bond auction yields for one-year government debt hit 3.972%. That’s a six-month high and well above the 2.34% yield at the auction for one-year paper on May 11