Unusually Uncertain: PIMCO’s Secular Outlook For Global Economy

Every year, PIMCO organizes a forum, which brings together top people from its 12 world-wide offices and outside finance and economics thought leaders to debate global financial markets. These investment professionals and thought leaders discuss and identify major trends that will be in play for next three to five years. Outcomes of these forums provide…

Mr. Softy Is Forming a Double Top

For most of 2011, Microsoft (MSFT) oscillated within a horizontal channel with a lower bound in 23-24 range and upper bound in 27-28 range. There was false breakout in early 2011, but it did not last long and price fell back into the channel. Mr. Softy finally made a move to break out of this…

Dollar Index Is Trying To Breakout

After making an all time low of 71.05 in April ’08, Dollar Index bounced back up to 89.25 by November ’08, retracing between 78.6% – to -89% of the drop from the previous high of 92.53 reached in November ’05, arguably, driven by the fear trade in the aftermath of ’08 financial crisis. For the…

Around The Net In Ten Posts – Wednesday May 16, 2012

Here is Wednesday morning read: China ‘big four’ bank loans drop in April (South China Morning Post) How Keynes would solve the eurozone crisis (Financial Times) Germany will blink, and won’t let Greece exit euro (Market Watch) Knives Are Out, But Will BHP and Rio Cut? (Deal Journal Australia) Politesse Trumps Policy as Hollande Meets…