ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Kass: Sell the News | Market Features | Financial Articles & Investing News | TheStreet.com The conventional view is that the Massachusetts election result will kill health reform and, thus, is bullish for health care stocks and for the market as a whole, but, for several reasons, I think that the crowd could prove mistaken … Read more
I did not think I would consider (this soon) whether the dollar’s short-term downtrend is ending. I thought this month’s unemployment report put an end to the dollar’s relief rally, but the dollar has surged in the past 3 days to recover all its losses since the most recent peak in mid-December. Even the Australian … Read more
F.H.A. to Raise Standards for Mortgage Insurance – NYTimes.com The Federal Housing Administration, which is supporting the housing market by insuring thousands of new mortgages every day, is expected to announce on Wednesday that it is tightening standards. (tags: housing FHA mortgage) King Says ‘Low’ U.K. Money Supply to Curb Inflation (Update1) – BusinessWeek Bank … Read more
Looking for signs of life in the commercial real-estate (CRE) business has now become an earnings season ritual for me. If construction activity serves as a leading indicator of CRE’s future health, then Fastenal’s report on fourth quarter and annual earnings demonstrates once again that CRE continues to deteriorate, not improve. Fastenal (FAST) reported “…continued … Read more
Why America and China will clash – FT.com / Columnists / Gideon Rachman The reason that the Google case is so significant is because it suggests that the assumptions on which US policy to China have been based since the Tiananmen massacre of 1989 could be plain wrong. The US has accepted – even welcomed … Read more