Clearly the economic news we're getting at the moment is better than expected, part from the States but also from Europe with ZEW survey today, ... Nine days in a row is a very strong run, but the jury is still out as to whether economic recovery can become established. |
Clearly the economic news we're getting at the moment is better than expected, part from the States but also from Europe with ZEW survey today. Nine days in a row is a very strong run, but the jury is still out as to whether economic recovery can become established. |
For the time being I would characterize this as a savage, bear market rally. |
Stocks are stuck in a hiatus between the performance of corporate profits and the hoped-for economic recovery. |
The lack of follow-through by the ECB after the Fed rate cut was a real blow. It seems we must continue to lean on the U.S. consumer, who may well be flagging. |
We still have got some serious fundamental problems in the global economy and it's going to be difficult for the market to move ahead consistently without solving them. |
We've entered a lull again, with tech issues drifting lower on the back of the slowdown in mobile sales, |
We've entered a lull again, with tech issues drifting lower on the back of the slowdown in mobile sales. |