Blog Archives

US Economy: Fed may modify Treasury/MBS purchase programs(increase it too), ECB cuts rate by 25 bp (May 1-2, 2013)

Yesterday’s Fed Statement is largely a repeat of the situation it reported in March 2013 when Chairman Ben Bernanke met the press later and did not let on the Fed’s wavering on maintaining the $85 B in purchases of Treasuries

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Posted in Financial Markets

IT’S MONDAY: European banks follow up with more losses, Fed and European Central Bank decisions (The week ahead April 29-May 3)

Markets headed down, last weeks result impact Dow near 14.5K and its quite ready for a rocky road down the mountain, though it’s still not “Sell in May and go away” especially with Apple already ruling below 400 before the

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Posted in Financial Markets

Europe gets comfortable with new Banking caveat | Banking insight

Even as regulatory costs become part of a banking brand makeover especially in Big Bad London which is also holding out on Europe, the momenutum for credit has caught on  with banks in the last fe months, giving a positive

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Posted in Financial Markets

US Morning Report: FOMC starts tomorrow, ECB will be buying bonds, Japan is ready to join the good guys

The honest to god assessment of Geithener’s meeting with Draghi and German Finance minister Schauble today or the ECB meeting on Wednesday is that US and Europe in a Coordinated Central Bank effort willl affirm to more Central Bank Liquidity

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Posted in Amitonomics, European Sovereign Debt crisis, Global, Retail Lifestyle, US

US Morning Report: Euro to heart, what exactly is who pushing whom to?

I am sorry, it could be my personal distress as events on a tumultous tumbled expiry make my 99% confidence interval worthless to the skunk works of getting commercial success. However, Draghi’s push for the Euro after repeated commentary on

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Posted in Amitonomics, Banking, US

The Thursday Fed Update: (Early Report) Budget Deficit Recovers strength

Though the average deficit for each month (Econoday commentary) is still double the traade deficit of $50 B at $904 B for the first 9 months of the Fiscal year, excluding calendaring it is still 12% down over the same

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Posted in Amitonomics

Global Moves: Draghi cuts ECB rate to 0.75%, US gets ready for Jobs report

The Dollar decline follows in Asia tomorrow after ECB cut rates and the Euro promptly breached 1.24 levels at the lower end before resuming tradin ga t 1.24 levels after the US market holiday on Wednesday. ECB had earlier refused

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Posted in Amitonomics, Retail Lifestyle, US

US week ahead: Measuring the Disaster’s acuity (Global Financial meltdown continues..May 2012)

As measured by interest in the Dollar and US Treasuries, the likelihood of a global all pervasive recession has inched closest to one, far ahead of what it as in 2008 when the expectations were sitting with pundits, market insiders

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Posted in Amitonomics, Banking, Financial Markets, Global, housing, US

European Debt Crisis: Lesser Non European customers, Italian 3-yr yields jump to under 4%

The morning stream of data knocked the winds out of the Europe watchers but sentiment still improved on basis of yesterday’s scare turning out to be a non starter. UK, the most promising Common market, unfettered by the Euro also

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Posted in Amitonomics, Banking, Europe, European Sovereign Debt crisis, Global

US Economy: Global growth slowdown gets S&P, Brazil, Greece and the GOP candidates (Global Pre-markets Round up)

Super Tuesday was a much sombre affair though it seemed to be in different circles than the S&P worst one day crash that hit Tuesday early. With barely 200 delegates, 400 including non binding totals, Romney’s far away and his

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Posted in Financial Markets