Tag Archives: Stock Market

The euro crisis reaches the core

Greece, as it turns out, was the Eurozone’s canary. The canary was resuscitated and a small rescue mechanism was set up to revive a further canary or two – but beyond this the warning was ignored. The miners kept on working. They convinced themselves that this was the canary’s problem. Continue reading

Posted in Economic News, Fresh Perspectives | Tagged Debt, Greece, Stock Market, The Euro | 1 Comment

Unintended Consequences

The central banks of the developed world are printing money and are engaged in a very-low-interest-rate regime. What does that mean for emerging markets? Continue reading

Posted in Fresh Perspectives, Home Economics | Tagged GDP, Inflation, Stock Market, The Fed | Leave a comment

How China’s Rate Hike Affect it’s Stock Market and Property Bubbles?

Nonetheless, when China’s imbalances matters is a subject of speculation. That the imbalances will be addressed by China voluntarily, or the markets forcibly, is not. China bulls have not factored this setup into their models.
Continue reading

Posted in Banking and Finance, Fresh Perspectives | Tagged China, Home Prices, Housing Bubble, Interest Rates, Stock Market | Leave a comment

Thinking the Unthinkable

“We have seen the stock market go up and the small-cap stock indexes go up even more.”

Really? Is it the third mandate of the Fed now to foster a rising stock market? I wonder what the Fed’s target for the S&P is for the end of the year? That would be an interesting bit of information. Are we going to target other asset classes? Continue reading

Posted in Banking and Finance, Fresh Perspectives, Home Economics, Newsletter | Tagged Interest Rates, Stock Market, The Euro, The Fed | Leave a comment

“The Fed No Longer Even Denies that the Purpose of Its Latest Blast of Bond Purchases … Is To Drive Up Wall Street”

The Fed no longer even denies that the purpose of its latest blast of bond purchases, or QE2, is to drive up Wall Street, perhaps because it has so signally failed to achieve its other purpose of driving down borrowing costs.

Unfortunately, a rising stock market doesn’t help the average American as much as you might assume. Continue reading

Posted in Banking and Finance, Fresh Perspectives | Tagged Interest Rates, Stock Market, The Fed | Leave a comment