Friday Night Music Justin Hayword and the Moody Blues with The Colorado Symphony Orchestra from the Red Rocks Amphitheatre in Colorado, 9/9/92. The mist is lifting slowly I can see the way ahead And I’ve left behind the empty streets That once inspired my life And the strength of the emotion Is like thunder in the…
No Inflation In Sight In Japan Japanese Household Spending y/y data did not show any indication of impending inflation, which is coveted by the Bank of Japan to restart its moribund economy. It came at -3.4% below the forecast of -2.3%. Tokyo Core CPI y/y for January was 2.2%. The National Core CPI y/y for…
Down and The Up Swing Who would have dreamt today’s great rally in Dow Jones Industrial Averages after yesterday’s over 200-point drop from the pre-FOMC levels to close. But that is what happened. At one point Dow was more than hundred-and-forty points in the red from previous close and then it staged a 277-point rally before closing out at…
Noted for your morning ruminations or procrastinations – take your pick. These are various news items that I have read during the day and early morning in preparation for the trading day. I make notes as I read the articles. Some are trading related, some are economics related and others are just for intellectual stimulation. The Germans Are…
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