Browsing Tag

bonds

Asia is next

So, I am back in the saddle after a great weekend in Palm Beach. And three days almost entirely away from Newspapers, Televisions, Telephones, and Computers is a very good thing to clear the head. (Although I did happen to catch Sarah…

936 points up

I knew today was going to be a fantastic day for equities given what we saw in Asia overnight and in Europe. But, 936 points up for the Dow is pretty spectacular. As bad as this past Thursday was for the market in general and financial…

Pre-market update: looks good

This morning is shaping u to be one of the largest up days in market history. In Asia, Hong Kong's Hang Seng was up over 10%. Singapore's Straits Times Index rose 6 and 1/2 percent. In Europe, major markets are up as much as 7%. Dow…

Where is the global economy headed?

At this stage in the financial crisis, it is difficult to discern exactly where things are headed. However, let me give a general road map of how I see things shaping up.The credit crisis started in August 2007 as a result of the dual…

Pre-Market Update

Things have not calmed down yet and the Futures market is pointing to a very poor start to morning trading. We are looking at a minimum of 4% down right of the bat.If the Plunge Protection Team exists, now is your time to…

Global markets round-up

It is 8:15 AM ET and this is what I see in the markets today as we await the opening in New York:EuropeThe U.K FTSE 100 down 7.5%The German DAX down 9%The CAC-40 in Paris down over 8%AsiaJapan's Nikkei down nearly 10%The Hang Seng in Hong…

Global asset re-pricing

It's about 7:45 AM ET as I write this and the overseas stock markets are getting hammered. I can't say I don't fear what is going to happen today because I do. We are witnessing a meltdown of unimaginable proportions that is not just…

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