July 16, 2014 | Daily JAM, Morning Briefing, Short Term |
Ah, the magic number. Economic growth accelerated in China for the first time in three quarters. Gross domestic product climbed 7.5% in the second quarter of 2014 from the second quarter of 2013.
July 15, 2014 | Daily JAM, Stock Alerts |
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July 15, 2014 | Daily JAM, Morning Briefing, Short Term |
Despite better than expected second quarter earnings from big Wall Street banks Goldman Sachs (GS) and JPMorgan Chase, U.S. stocks have moved lower today on a Fed report that called valuations for biotechnology and social media “substantially stretched.”
July 14, 2014 | Uncategorized |
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July 12, 2014 | Uncategorized |
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July 11, 2014 | Daily JAM, GOOG |
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July 11, 2014 | Daily JAM, Morning Briefing, Short Term |
Thanks to really terrible economic numbers out of France and Italy it was easy for troubles at one Portuguese bank to revive fears about slumping economic growth for pretty much every EuroZone country outside of Germany. For France industrial output fell 1.7% in May from April. In Italy industrial output dropped 1.2%
July 10, 2014 | Uncategorized |
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July 10, 2014 | Daily JAM |
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July 10, 2014 | Daily JAM, Morning Briefing, Short Term |
Today U.S. and EuroZone stocks and EuroZone bonds are down on a report that the parent company of Portugal’s Banco Espirito Santo, the country’s second largest lender, had missed a debt payment. Those reports have revived fears about growth and debt levels for Portugal and other troubled EuroZone countries
July 9, 2014 | Daily JAM, Morning Briefing, Short Term |
To put a serious dent in the market’s upward trend, I think we need something that will shake the belief in an improving U.S. economy in the second quarter and indeed in the second half.
July 8, 2014 | Daily JAM |
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