from Morning Bid with David Gaffen:

Yummy, or Not

October 7, 2015

Futures have put together modest gains as the equity market looks to turn back to its winning ways after losses interrupted a five-day rally that’s built mostly on hope and duct tape, it seems. The prevailing commentary seems to still be left in a bit more of a pessimistic mode, with Citigroup’s chief economist William Buiter, who, well, muses more than anything else, about the output gap, that is, the level of growth compared with the level of potential growth, saying that if we get another year of lousy economic activity, it would suggest the world is in recession.

from Morning Bid with David Gaffen:

Under Pressure

September 25, 2015

This is a weird market we’re in. Equities spent a good part of the day under pressure, rebounded late on what was attributed to a wonky note that took an inside baseball view of the recent selloff, fell, and then rose, after Federal Reserve Chair Janet Yellen first said explicitly that the Fed plans on raising rates, and then suffered a mild health issue that gave everyone a bit of a scare before doctors said she was okay to continue with her schedule.

from MacroScope:

Sweet spot for UK pay could be just the nectar the economy needs

September 16, 2015

RTR309S7.jpgBritish workers have hit a sweet spot with wages rising much faster than near-zero inflation, suggesting the economy could gain further momentum as consumers spend their spare cash.

from Breakingviews:

ABN Amro’s IPO could prove sweetly timed

August 21, 2015

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from Expert Zone:

India Markets Weekahead: Correction on the cards

By Ambareesh Baliga
August 9, 2015

(Any opinions expressed here are those of the author and not of Thomson Reuters)

Markets remained flattish throughout the week in the absence of any trigger after the RBI maintained status quo on repo rates, with the Nifty ending up around 0.4 percent at 8,564.

from Morning Bid with David Gaffen:

Janet Kick a Hole In the Sky

July 29, 2015

The July meeting was never meant to be much of a thing with the Federal Reserve, and that’s exactly how it’s worked out. The Fed seems like it is still targeting a modest increase in rates in September, with – as many strategists have already noted – the real action to come later on down the road, as Janet Yellen and others have argued that the first move isn’t the one to really worry about.

from Morning Bid with David Gaffen:

Price-to-Blecch Ratio

July 22, 2015

This seems like a day best fit for Mad Magazine-style descriptions of what we're about to see in the equity market. Suffice to say that in the past, the weak trend evinced in the quarterly stats for earnings growth were often restored to some sort of level people could live with once Apple figures were released.

from Breakingviews:

Apple has time on its side

July 21, 2015

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

from Morning Bid with David Gaffen:

A Fistful of Apples

July 21, 2015

The big Megillah of the market is out after the close, so naturally there will be a ton of scrutiny – and a ton of trading – surrounding Apple after the consumer electronics giant reports results and gives people an idea of how its signature iPhone and newcomer iWatch products are doing.

from Morning Bid with David Gaffen:

Little Blue

July 20, 2015

IBM, long-time stalwart of the Dow industrials, reports quarterly results after the close, the first of several major technology bellwethers to release its earnings figures. The stock has been a laggard compared with the benchmark S&P 500 over the last year or so, with the S&P’s greater-than-10-percent return easily dwarfing the losses from IBM in that time.