from Global Markets Forum Dashboard:
Yee haaaaaa! That was the cry this morning as the Macro Cowboy donned his spurs, saddled his horse and blazed a trail through the Global Markets Forum. And while markets may be bemoaning the sorry state of the euro zone economy and pricing in European Central Bank sovereign bond purchases as an almost done deal, the Cowboy is feeling altogether more optimistic.
from Morning Bid with David Gaffen:
The housing-market recovery, the improvement in the unemployment rate and the relatively strong consumer sentiment figures seen out of the United States in recent months bodes well for Home Depot and other big-ticket retailers (like Lowe’s, for instance) as they report this quarter’s earnings.