Events in Japan may have serious consequences for global markets. As we have already seen US markets have traded lower erasing all of the gains since January. The Nikkei in Tokyo fell by 16% in just one session at one [...]
Spreading Some Market Cheer I hope that you all enjoyed your holidays. Apparently you were in a good mood if the latest retail sales numbers are accurate. Of course the comparisons were to rather dismal numbers last year and even [...]
December 6, 2010
Freedom by Friday
When PIIGS Don’t Fly Last week the Euro lost about 4% of its value overnight. European markets took a dive and the US markets followed. Call it the “bad luck” of the Irish. If you haven’t been following the saga [...]
November 22, 2010
Freedom by Friday
If you’ve been following these pages for the past few weeks you should be well versed in two things that are going on in the world right now. First, the events in Europe and the resultant effects on the US [...]