Global Investing

Steroids, punch bowls and the music still playing: stocks dance into 2014

November 21, 2013

Four years into the stock market party fueled by a punch bowl overflowing with trillions of dollars of central bank liquidity, you’d think a hangover might be looming.

Three snapshots for Thursday

May 10, 2012

The Bundesbank is preparing to stomach higher German inflation than it likes, above the European Central Bank’s target level, because of the euro zone crisis, a source at the central bank said on Thursday.

Three snapshots for Wednesday

May 2, 2012

Euro zone factories sank further into decline last month but manufacturers in Asia upped their tempo to meet growing demand from the United States and China, exposing a widening gulf between Europe and the rest of the world.

Three snapshots for Friday

April 27, 2012

The U.S. economy expanded at a 2.2 percent annual rate in the first quarter, slightly weaker than expected.  Consumer spending which accounts for about 70 percent of U.S. economic activity, increased at a 2.9 percent rate – contributing two percentage points to the overall growth rate.

Three snapshots for Tuesday

April 24, 2012

U.S. consumer confidence came in slightly weaker than expected but the ‘jobs-hard-to-get’ index – historically a good lead indicator of the unemployment rate - fell to 37.5 in April.

Three snapshots for Wednesday

April 18, 2012

Spanish house prices fell 7.2 percent in the first quarter from a year earlier while Spanish banks’ bad loans rose to their highest level since October 1994 (see chart).

Three snapshots for Thursday

April 12, 2012

U.S. jobless claims unexpectedly rose last week to their highest level since January:

Three snapshots for Monday

April 2, 2012

ISM report on U.S. manufacturing shows PMI at 53.4 in March against 52.4 in February:

Three snapshots for Thursday

March 29, 2012

OECD growth forecasts released today show the euro zone countries lagging behind other G7 countries:

Three snapshots for Tuesday

March 27, 2012

Is now the time to shift to equities vs. bonds? Goldman Sachs think so and traditional valuation measures such as the equity risk premium (chart) make bonds look expensive relative to equities when compared to the average over the last 20 years.