January 18, 2013 | Daily JAM, Morning Briefing |
Today the National Bureau of Statistics reported that China’s GDP grew at a 7.9% annual rate in the fourth quarter. That was up from a 7.4% rate in the third quarter. Economists had speculated that China’s economy had bottomed in September and would show a higher growth rate for the rest of 2012 and into 2013. The fourth quarter results brought the growth rate for 2012 to 7.8%.
January 10, 2013 | Daily JAM, Morning Briefing |
The European Central Bank clobbered the U.S. dollar and the Japanese yen today when it left EuroZone interest rates unchanged at 0.75%. In trading today the euro climbed 1.4% against the U.S. dollar to $1.3252, that’s the highest level since July 5, 2011. The euro also rose 1.9% against the yen. The yen fell against the dollar as well to 88.41, the low since July 2010.
January 7, 2013 | Uncategorized |
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January 2, 2013 | Uncategorized |
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January 2, 2013 | Daily JAM, Morning Briefing |
Today global markets are breathing a big sigh of relief that Congress and the President managed to work out any kind of fiscal cliff deal at all.
Some other day stock investors and traders may decide to focus on the shortcomings in the package. But not today.
December 21, 2012 | Daily JAM, Stock Alerts |
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December 19, 2012 | Daily JAM, POT |
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December 17, 2012 | Daily JAM, Stock Alerts |
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December 13, 2012 | Daily JAM, Stock Alerts |
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December 11, 2012 | Daily JAM, Stock Alerts |
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December 9, 2012 | Uncategorized |
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December 7, 2012 | Friday Trick or Trend |
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