Aruond The Net In Ten Posts – Friday August 24, 2012

Here is what I am reading: The work of John Maynard Keynes shows us that counter-cyclical fiscal policy and an easing of austerity may offer a way out of the Eurozone crisis (The London School of Economics) China’s Slowdown May Be Worse Than Official Data Suggest (Federal Reserve Bank of Dallas) Gold Bulls Strongest in…

Roadblocks Hit: Daily Remarks – Friday August 24, 2012

Thursday: Stocks Ease So Does Volume Early Thursday morning – New York time – the US futures were heading higher from the decline of Wednesday. YM, the DJIA mini futures, was even threatening to form an inverse head-&-shoulder pattern. However, the US unemployment claims report punctured the optimism and the futures lost their steam. For…