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Market Notes – Friday June 20th, 2014

Sunil Sharma / June 20, 2014
  • Economic Data
    1. 2:00 AM – German May PPI m/m disappointed at -0.2% vs. 0.2% forecast, mostly due to a decline in energy prices. Inflationary pressures are tame with concerns for deflation
    2. 4:00 AM – Euro Zone Current Account was @ 21.5B better than the forecast of 19.4B
    3. 4:30 AM – UK Public Sector Net Borrowing was in line @ 11.5B
  • Morning Read
    1. Argentina’s Debts Aren’t Just Argentina’s Problem
    2. Abe Has a Bad Case of the Slows
    3. Housing Falters as Forecasters See U.S. Sales Dropping
    4. ‘Cheap’ stocks get even cheaper after a crash
    5. Inflation: bump up or bust out?
    6. Was the 1966-1982 Stock Market Really That Bad?
    7. 5 Investment Lessons we Can Learn From Futbol (err, Soccer)
  • Market Charts
    1. SPY outperforming DIA since 2012
    2. Dow Transport outperforming Dow Industrials since October 2012
    3. Gold may be getting ready to outperform S&P 500. Gold/S&P500 making a double bottom
    4. Stocks continue to be better than bonds
    5. Gold outperforming silver since mid-2011
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June 20, 2014 in Market Diary.

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