February 18, 2013 | Daily JAM, Morning Briefing |
The New York stock markets are closed today but there was big action in Tokyo overnight. The Japanese yen resumed its decline, falling 0.5% against the U.S. dollar to 93.92 to the dollar. Japanese stocks moved up in reaction with the Nikkei 225 Index gaining 2.09%
February 16, 2013 | Uncategorized |
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February 15, 2013 | Friday Trick or Trend |
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February 15, 2013 | Daily JAM, Morning Briefing |
Gold fell hard today–dropping 1.66%–but that wasn’t enough to bring out any buying on the dip. That’s left everyone wondering where the buyers might be.
February 15, 2013 | Long Term |
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February 14, 2013 | Uncategorized |
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February 14, 2013 | Daily JAM, Stock Alerts |
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February 14, 2013 | Daily JAM, Morning Briefing |
As expected, the Bank of Japan decided to lie low today ahead of tomorrow’s meeting of leaders of the G20 economies. Japan’s central bank kept interest rate policy steady, didn’t increase its asset purchases, and didn’t pour any verbiage on the currency wars fire.
February 13, 2013 | Daily JAM, Stock Alerts |
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February 13, 2013 | Daily JAM, Morning Briefing |
This morning’s EuroZone news is focused on the terrible economic news from Portugal—but, frankly, I’m much more worried by the steady flow of bad news from France. France’s national auditor warned yesterday that the country is likely to miss its deficit target for 2013
February 12, 2013 | Uncategorized |
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February 12, 2013 | Daily JAM, Morning Briefing |
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