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The game continues. Heading into the weekend Greece is keeping U.S. equities at bay. If the outcome is positive, we rally. Negative and stocks fall like a 2008 Lehman Brothers Tank. Politics and the scarfs of Varoufakis. That is what is running our 401Ks and precious trading portfolios. As of… Read entire story.
Source: thestockmasters – Financial News, Stock Market Trading, the Best Stock Picks for the Savvy Investor
THE monetary economics of a world in which interest rates are close to zero are not especially mysterious. Stimulating the economy at that point requires central banks to raise expected inflation. Disinflation, by contrast, results in passive tightening, since the central bank can’t lower its policy rate and since the …
The National Association of Realtors said on Friday existing home sales increased 2.4 percent to an annual rate of 5.04 million units last month. "The still-tight mortgage credit conditions and more challenging first-time homebuyer affordability that were revealed by the failure of home sales to continue recovering last year …
Crude oil prices advanced to a two-month high while SPX 500 technical positioning hints a corrective pullback may be ahead.