August 9, 2012 | Daily JAM, Morning Briefing |
The bad news from China today has been enough to lift Chinese stocks—Hong Kong’s Hang Seng index closed up 1.1% on the news—but it hasn’t been bad/good enough to do the same for Europe. The French CAC 40 was up 0.54% today but the German DAX Index nudged into negative territory with a 0.02% drop. The Spanish IBEX 35 fell 056% and the Italian FTSE Milan Index was down 0.08%.
August 8, 2012 | Daily JAM, Stock Alerts |
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August 8, 2012 | 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 8, 2012 | Daily JAM, Morning Briefing |
The troika has said it will never give Greece a bridge loan to repay a 3.2 billion euro bond due on August 20. Never. But that hasn’t prevented the European Central Bank from a bookkeeping work around that pushes off the day of reckoning yet again
August 7, 2012 | Daily JAM, Videos |
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August 7, 2012 | Daily JAM, Morning Briefing, Short Term |
Today not only is bad news good news on the theory that bad economic news will push the world’s central banks to faster action. But also Wall Street is starting to believe its own press releases. Today, we’ve got market analysts saying that stocks should be going higher because earnings are coming in above expectations—even though Wall Street itself created those low expectations.
August 6, 2012 | Daily JAM, Mid Term, You Might Have Missed |
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August 6, 2012 | Daily JAM, Stock Alerts |
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August 6, 2012 | Daily JAM, Morning Briefing, Short Term |
Looking at the expected data from Germany and China that starts to arrive on Wednesday, the big question is will global financial markets see numbers indicating weaker economic growth as a plus or a minus? In the last few days the market seems to have swung back to the view that weaker growth is a plus since it increases the odds for central bank action in China, Europe, and the United States.
August 6, 2012 | Daily JAM, Videos |
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August 4, 2012 | Uncategorized |
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August 3, 2012 | 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...