Around The Net In Ten Posts – Thursday July 26, 2012

Here is what I am reading: Draghi Says ECB Will Do What’s Needed to Preserve Euro (Bloomberg) MORGAN STANLEY: Europe Will Get Worse (Business Insider) Euro Zone Weighing New Help for Spain (Spiegel Online) The Banker Most Responsible for Allowing the Too Big to Fail Banks Says We Must Break Them Up (The Big Picture) Durable…

Market Open – July 26, 2012

Overnight Action: S&P Futures: S&P futures were in a general downward drift in Asian and early European trading. Yesterday’s market action was not decisive in any direction. For most of the Asian session, the futures were in a side way range. European session saw a fresh down move and emini was lower by -4.00 at…

Around The Net In Ten Posts – Wednesday July 25, 2012

Here is what I am reading: When Governments Won’t Govern, Central Banks Must (Clive Crook) ‘Our Solidarity Is Limited’ (Spiegel Online) UK in worst double-dip recession for 50 years (The Guardian) IMF Says China Downside Risks Significant (Bloomberg) Is the 50-year financial storm on the horizon? (MarketWatch) Commodity Plays in the 2012 Dividend Aristocrats (Minyanville) Today…

Market Action – July 25, 2012

The US equity markets had a mixed performance on Wednesday July 25, 2012. Tuesday was a big down day continuing the trend that started on last Friday. During this time the S&P 500 lost -2.78%. The global equity markets also did not fare well and Global Dow index (GDOW) lost more than -4.00%. Overnight’s global…

Around The Net In Ten Posts – Tuesday July 24, 2012

Here is what I am reading:  Goldman Sachs Sees ‘Strong’ Recovery Starting for Housing (Bloomberg) Get ready for more days like Monday (MarketWatch) DAVID ROSENBERG: A String Of Extremely Rare Events Show That Recession Risks Are Rising (Business Insider) Our Ridiculous Approach to Retirement (The New York Times) Fallacies about work and the crisis (Martin Wolf’s…

Around The Net In Ten Posts – Monday July 23, 2012

Here is what I am reading: America’s prosperity requires a level playing field (LA Times) Berlin, IMF To Refuse Fresh Aid for Greece (Spiegel Online) Spanish Recession Probably Deepened as Austerity Stifled Growth (Bloomberg) The World’s Biggest Companies Reveal What’s Happening In The Global Economy (Business Insider) John Williams Gets It (Tim Duy’s Fed Watch)…

Around The Net In Ten Posts – Friday July 20, 2012

Here is what I am reading: Wall Street Seeks Patience After Worst 1st Half Since ’08 (Bloomberg) Idle corporate cash piles up (Reuters) America Is Approaching The Export Tipping Point (Business Insider) Six Policies Economists Love (And Politicians Hate) (NPR) The IMF explodes the myth of fiscal “credibility” (Jonathan Portes) 5 ultimate dividend stocks (MarketWatch) Random Thoughts:…

Around The Net In Ten Posts – Thursday July 19, 2012

Here is what I am reading: IMF Blasts EuroZone Policymakers and ECB (Mainly Macro) China’s strong domestic demand has reduced its trade surplus (VOX EU) Is Germany Übercompetitive and Should it Accept Higher Inflation? (EconoMonitor) Spain five-year borrowing costs hit highest since 1996 (Reuters) NATURAL GAS: An Investor’s Guide To The Most Promising Commodity In The…

Around The Net In Ten Posts – Wednesday July 18, 2012

Here is what I am reading: China’s GDP Hit Tells Story of Hubris Run Amok (Bloomberg) Bernanke offers gloomy view but few new hints on easing (Reuters) Punishing drought in Midwest shows no sign of abating (Reuters) The Truth About Marissa Mayer: She Has Two Contrasting Reputations (Business Insider) Whither China? (Econbrowser) Have Bonds Peaked?…