Sinking Emerging Markets

Emerging markets have been acting as the engine for the global growth for past many years. Their economies are growing in high single digit or double digit in some cases. However, looking at the performance of their stock markets, you wouldn’t be able to make that determination. Here is their performance since Feb ’08. The chart uses country/region specific…

Financial Crisis Timeline and S&P500

Here is the financial crisis of 2007-2008 timeline mapped on the S&P500 chart. Only major events and announcements leading upto endof Sept ’08 are included. After Sept. ’08, Federal Reserve, US Treasury, IMF and major central banks took a number of steps to quell the storm and stabilize the market. Majority of these steps were taken in…

Mysterious Yen Doubles Back

USD/JPY was in the midst of a potential saucer – or rounding bottom – pattern. However, the mysterious Yen has struck again in the aftermath of the news that ECB is stopping lending to some Greek banks and its President Mario Draghi signaled the ECB won’t compromise on key principles to keep Greece in the euro…

Around The Net In Ten Posts – Thursday May 17, 2012

Here is what I am reading: China Stimulus: a Lightbulb Moment (beyondbrics) 7 Things Happen to You When You Are Completely Honest (The Altucher Confidential) Fed Signals Easing Option Amid Europe Risks to Growth (Bloomberg) JPMorgan’s Trading Loss Is Said to Rise at Least 50% (The New York Times) The Mysterious Yen (WSJ Bolgs) It’s Getting…