ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Greenspan on QE2, Greece and the Debt Ceiling (Fed's Massive Stimulus Had Little Impact) – CNBC The Federal Reserve's massive stimulus program had little impact on the U.S. economy besides weakening the dollar and helping U.S. exports, Federal Reserve Governor Alan Greenspan told CNBC Thursday…On Greece, Greenspan a default is likely…Greenspan was also pessimistic about … Read more
Silver's price rise clouds outlook for solar panels | The News Journal | delawareonline.com Soaring silver prices are hampering the solar industry's ability to compete with fossil fuels. Panel makers consume about 11 percent of the world's supply of silver, used to conduct electricity in solar cells…High silver prices may provide a competitive advantage to … Read more
Why Groupon Is Poised For Collapse Businesses are being sold incredibly expensive advertising campaigns that are disguised as “no risk” ways to acquire new customers. In reality, there’s a lot of risk. With a newspaper ad, the maximum you can lose is the amount you paid for the ad. With Groupon, your potential losses can … Read more
Sovereign Debt Crisis: Investors Bet on Prospect of 'Greek Accident' – Financial Times A new bet has been placed on the the Greek debt crisis. It backs a growing view among investors that Athens may be about to suffer a messy default that could spark a run on the country’s banks and a deeper euro … Read more
Dollar Index at 1-Month Low as China Warns on US Assets – CNBC The dollar fell to a one-month low against a basket of currencies on Tuesday and a record low against the Swiss franc after a Chinese official said the greenback would continue to weaken versus other major currencies. The head of the international … Read more
Canada is No Haven from US Dollar Collapse – Resource Investor There are numerous reasons why the Canadian dollar will not survive a US dollar collapse: * The Canadian economy is very tied to the US economy. * The Canadian Government is intent on devaluing the Canadian dollar alongside the US. * The Bank of … Read more
Do Any Sector ETFs Reliably Lead or Lag the Market? – CXO Advisory In summary, there is little evidence that any equity sector ETFs reliably lead or lag the overall U.S. stock market over the past 12.3 years. Utilities may slightly lag the broad market. (tags: ETF trading_strategy stock_market)
Germany to scrap nuclear power by 2022 – Sky News Germany on Monday became the first major industrialised power to agree an end to nuclear power in the wake of the disaster in Japan, with a phase-out to be completed by 2022. Chancellor Angela Merkel said the decision, hammered out by her centre-right coalition overnight, … Read more
In Memoriam: Mark Haines – CNBC Veteran journalist Mark Haines, a fixture on CNBC for 22 years, died unexpectedly Tuesday evening. He was 65 years old. CNBC President Mark Hoffman called Haines a "building block" of the financial networks' programming. (tags: CNBC MarkHaines memorial)
GT Solar could be next solar takeover target | Reuters Solar and LED equipment manufacturer GT Solar International Inc's string of contract wins and robust share gains this year could attract suitors eager for a foothold in a relatively stable corner of the volatile solar power industry. (tags: solar GTSolar M&A)