from Morning Bid with David Gaffen:

Just the two of us

December 18, 2014

There was quite a bit of back-and-forth in the markets and among commentators over the Federal Reserve's alteration of its statement following Wednesday's meeting.

from Morning Bid with David Gaffen:

Considerable Consideration of Time

December 17, 2014

Markets like to tie themselves in knots ahead of Fed decisions. Instead of landing on what's expected, at times of volatility investors instead go in the other direction and start to consider all sorts of wild scenarios on what the slide-rule committee might do instead. But the outlook for the Fed's statement should be pretty straightforward: the Fed is likely to go with what the market expects, and remove its phrase talking about keeping rates at rock-bottom levels for a "considerable time," as it has no reason not to.

from Edward Hadas:

Making money safe

By Edward Hadas
December 12, 2014

By Edward Hadas

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

from Morning Bid with David Gaffen:

That’s a big Twinkie

December 11, 2014

The market’s gyrations are a bit more than many people want to handle this time of the year, but it’s a time when stupid stuff happens, and lack of liquidity combined with concerns about the world economy are raising questions that, essentially, seem like the same question: Has this equity-market surge come too far, and are we due for the “big” Stay-Puft Marshmallow Man-sized thing that everyone has been anticipating since, well, more than two years now?

from Morning Bid with David Gaffen:

Oil, toil and trouble

December 10, 2014

A bit of tumult has entered global markets as the year comes to a close, with various reasons proposed for the gyrations that we've seen in Greece, Japan and China in recent days. Some are linked to fundamentals in those specific nations. The rest are due to reduced liquidity. Speculation has heated up over whether the Fed is going to remove the "considerable time" language that has been in its statements for, well, considerable time, as it relates to monetary accommodation.

from Morning Bid with David Gaffen:

Sapping Energy

December 9, 2014

Don't expect the selling in the energy sector to end anytime soon. With tax loss selling dominating the rest of the month, the energy stocks, which have been the worst performer this year in the Standard & Poor's 500, are slated to perhaps lose even more ground. That's particularly true as the price of oil continues to decline. (We are right now eagerly awaiting the moment when the Russian rouble crosses the price of oil, an occurrence that would've seemed unfathomable even just two months ago.)

from Expert Zone:

India Markets Weekahead – Be fearful of greedy street

By Ambareesh Baliga
December 7, 2014

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

The past week belonged to individual stocks as the Nifty took a breather, closing with a small loss of 0.45 percent at 8,538. A host of stocks related to defence, railways and power ancillaries hogged the limelight on hopes of huge order flows. Jewellery stocks rallied after the government relaxed gold import norms.

from Morning Bid with David Gaffen:

The Market’s Silly Season

December 4, 2014

The meaningful part of the year is drawing to a close (near as I can see it, there's tomorrow's jobs report, the Fed meeting in two weeks, and, yep, that's about it), and as we head into the silly season for happenings in our markets, here's a laundry list of oddball things to consider:

from Morning Bid with David Gaffen:

The ‘Worst’ Central Bank, Like, Ever

December 2, 2014

One day ahead of Friday’s key U.S. jobs report, markets will turn their attention to the European Central Bank, which is currently engaging in what strategist Rich Bernstein of Richard Bernstein Advisors calls a quest to become “the worst central bank in all of history.”

from Morning Bid with David Gaffen:

The Oil Conundrum

December 1, 2014

There's a real question right now about whether the sharp decline in oil prices will continue to have a 'rising tide' effect on the rest of the economy, thanks to the help it gives to consumer spending, or whether that marginal benefit is offset by a drop in oil production and mining jobs.