For the past few months, Dow Jones Industrial Average is not giving clear signals which direction it will go. This confusion is due to the uncertainty created by many current and future events around the world. European financial crisis is going strong and the policy makers are not able to devise a cohesive strategy to…
Here is what I am reading: Draghi Boxes Himself Into a Corner With Bond Signal (Bloomberg) Greek Banks Follow Euripides to Help Borrowers (Bloomberg) GOLDMAN SACHS: The 27 Charts That Explain The World (Business Insider) Wall Street Is Getting Fooled AGAIN (Business Insider) Warren Buffett’s winning ways, 50 years on (MarketWatch) 12 Key Investment Strategies…
ECB President Mario Draghi’s ‘I have got a bazooka and I may use it’ speech in London galvanized the markets around the world. S&P futures and European markets, which were trading water before the speech turned around on a dime and then never looked back. However, based upon immediate past performance, the overall move still does…
The financial crisis in Europe is leading the global slowdown putting renewed pressure on the sovereigns around the world, many of them facing high debt-to-GDP ratio. Searching for a way to stimulate their economies many are running their mints at full capacity. But, every currency cannot depreciate against every other currency. This is throwing up…
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