DailyMarkets.com - 9 Reasons Why Quantitative Easing Is Damaging To The U.S. Economy
DailyMarkets.com - 9 Reasons Why Quantitative Easing Is Damaging To The U.S. Economy |
- 9 Reasons Why Quantitative Easing Is Damaging To The U.S. Economy
- Forex – NZD/USD Surges To 30-month High Post-Fed
- Forex Trading: Eurozone PPI Inline At 0.3%
- Forex – AUD/USD Soars To Record High After Fed Launches QE2
- Northern Bear – Aiming To Emerge From The Winter Freeze
- Forex Trading: Eurozone Final Services PMI
- Forex – Dollar Tumbles Vs. Rivals After Fed Announces QE2
- Forex- GBP/USD Soars To 10-month High After Halifax HPI
- Asia Stocks Broadly Higher After FOMC; Nikkei Soars 2.17%
- Forex Trading: Euro Continues To Show Strength
- Halifax U.K. House Price Index Rises More-than-expected
- Forex – USD/JPY Falls To Daily Low After Fed Boost
- What Does Quantitative Easing Mean For Banks?
- Forex – Euro Lower Against Dollar After Fed FOMC
- Australia Retail Sales Rise Less-than-expected
- N.Z. Unemployment Rate Falls More-than-expected In Q3
- Crude Oil Hits New 6-Month Highs On Bullish Inventory Report, Gold Sinks After Fed As Dollar Correlation Breaks Down
- Bull Of The Day: Bayer AG
- Growth & Income Stock: The Toronto-Dominion Bank
- Bear Of The Day: Greatbatch, Inc. (GB)
- Aggressive Growth Stock: Coach Inc.
- Momentum Stock: Complete Production Services, Inc.
- Forex – EUR/USD Down During The Asian Session
- Singapore Stock Market Update For Thursday 04 November
- All Markets Are Now Lined Up As A Massive One-Sided Trade
- Stock Market And ETF Outlook: Bullish Sentiment At Extreme Levels?
- Forex – GBP/USD Up During The Asian Session
- Forex – GBP/JPY Down During The Asian Session
- U.S. Car Sales Top 12 Million Units In October For The First Time In Two Years, Except For CFC Month
- Four ETFs To Play Commercial Real Estate
- Forex – NZD/USD Up During The Asian Session
- Forex Trading: EUR/JPY Could Retest 12-Month Trendline Resistance
- Forex – AUD/USD Down During The Asian Session
- Forex – USD/JPY Up During The Asian Session
- The Republican Recipe For An Anemic Economy Through Election Day 2012
9 Reasons Why Quantitative Easing Is Damaging To The U.S. Economy Posted: 04 Nov 2010 03:30 AM PDT Buckle up and hold on – a new round of quantitative easing is here and things could start getting very ugly in the financial world over the coming months. The truth is that many economists fear that an out of control Federal Reserve is “crossing the Rubicon” by announcing another wave of quantitative easing. Have we now reached a point where the Federal Reserve is simply going to fire up the printing presses and shower massive wads of cash into the financial system whenever … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – NZD/USD Surges To 30-month High Post-Fed Posted: 04 Nov 2010 03:11 AM PDT Forex Pros – New Zealand's dollar was sharply higher against its U.S. counterpart on Thursday, surging to a 30-month high, after the Federal Reserve announced a fresh round of quantitative easing. NZD/USD hit 0.7936 during European morning trade, the pair's highest since April 24, 2008; the pair subsequently consolidated at 0.7925, jumping 1.63%. The pair was likely to find support at 0.7700, Wednesday's low and resistance at 80.32, the high of April 23, 2008. Late Wednesday, the … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex Trading: Eurozone PPI Inline At 0.3% Posted: 04 Nov 2010 03:05 AM PDT Eurozone PPI m/m came in at 0.3% inline as expected and stronger than the 0.1% prior reading. |
Forex – AUD/USD Soars To Record High After Fed Launches QE2 Posted: 04 Nov 2010 02:38 AM PDT Forex Pros – The Australian dollar was up against its U.S. counterpart on Thursday, soaring to an all-time high, after the Federal Reserve announced a fresh round of quantitative easing. AUD/USD hit 1.0099 during European morning trade, an all-time high; the pair subsequently consolidated at 1.0094, gaining 0.31%. The pair was likely to find support at 0.9891, Wednesday's low and resistance at 1.2000. Late Wednesday, the Federal Reserve announced that it would buy USD 600 billion of U.S. … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Northern Bear – Aiming To Emerge From The Winter Freeze Posted: 04 Nov 2010 02:15 AM PDT In the last couple of years the stock market has taken an axe to valuations of companies exposed to the building and property sector. The demise of Connaught and the well flagged public sector cuts that slashed social housing budgets in two have hit the sector hard. One of the sector minnows that has seen its share price particularly badly affected is Northern Bear Plc (LON:NTBR) which now trades on a forecast p/e of barely over three times earnings on a market cap of just £3.3m. … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex Trading: Eurozone Final Services PMI Posted: 04 Nov 2010 02:02 AM PDT Eurozone Final Services PMI was revised to 53.3 from 53.2. |
Forex – Dollar Tumbles Vs. Rivals After Fed Announces QE2 Posted: 04 Nov 2010 01:55 AM PDT Forex Pros – The U.S. dollar was sharply lower against the other major currencies on Thursday, following the Federal Reserves announcement of a second round of quantitative easing. During European morning trade, the greenback was down against the euro, with EUR/USD gaining 0.47% to hit 1.4207. The greenback was also down against the pound, with GBP/USD climbing 0.58% to hit 1.6175. Earlier in the day, data showed that the Halifax Bank of Scotland U.K. HPI rose significantly … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex- GBP/USD Soars To 10-month High After Halifax HPI Posted: 04 Nov 2010 01:35 AM PDT Forex Pros – The pound was up against the U.S. dollar on Thursday, soaring to a 10-month high following the release of better-than-expected data on U.K. house prices. GBP/USD hit 1.6184 during early European trade, the pair's highest since January 28; the pair subsequently consolidated at 1.6181, surging 0.61%. Cable was likely to find support at 1.6005, Wednesday's low and resistance at 1.6310, the high of January 21. Earlier in the day, U.K. mortgage lender Halifax said that its … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Asia Stocks Broadly Higher After FOMC; Nikkei Soars 2.17% Posted: 04 Nov 2010 01:30 AM PDT Forex Pros – Asian stock markets posted sharp gains on Thursday, as investor sentiment was boosted after the Federal Reserve's announcement of a second round of quantitative easing. During late Asian trade, Hong Kong’s Hang Seng Index jumped 1.41%, South Korea’s Kospi Composite gained 0.34%, while Japan's Nikkei 225 Index soared 2.17%. Late Wednesday, the Fed said that it would buy USD 600 billion of U.S. government bonds over the next eight months in an effort to kick-start a … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex Trading: Euro Continues To Show Strength Posted: 04 Nov 2010 01:25 AM PDT Eur/Usd continues its grind higher, as the pair has jsut made a fresh high of 1.4180. It has not gained a sufficient stronghold above 1.4170, which was an earlier high made after yesterdays FOMC meeting. If the pair does not break above a pullback to 1.4140-45 is likely. A break above should bring us to 1.4210-15 , where there may be light … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Halifax U.K. House Price Index Rises More-than-expected Posted: 04 Nov 2010 01:17 AM PDT Forex Pros – British house prices rose more-than-expected in October, industry data showed on Thursday. In a report, the Halifax Bank of Scotland said its House Price Index rose by 1.8% in October, after tumbling by 3.7% in September, whose figure was revised from a decline of 3.6%. Economists expected the index to rise by 0.4% in October. However the report said that house prices declined by a seasonally adjusted 1.2% in the third quarter. Commenting on the report, Halifax housing … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – USD/JPY Falls To Daily Low After Fed Boost Posted: 04 Nov 2010 01:08 AM PDT Forex Pros – The U.S. dollar was down against the yen on Thursday, falling to a daily low following the Federal Reserves announcement of a second round of quantitative easing. USD/JPY hit 80.74 during late Asian trade, the daily low; the pair subsequently consolidated at 80.95, shedding 0.14%. The pair was likely to find support at 80.23, the low of November 1 and the all-time low and resistance at 81.97, the high of October 27. Late Wednesday, the Fed said that it would buy USD 600 … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
What Does Quantitative Easing Mean For Banks? Posted: 04 Nov 2010 01:01 AM PDT The Federal Reserve today announced a new quantitative easing plan in which they will buy $600 billion of long-term Treasury securities. What does this mean for banks? Bank deposits and reserves will increase. Even if your bank does not sell securities directly to the Fed, some of your clients may be selling securities. Across the country, total bank deposits and reserves will increase. This will put many banks in the awkward position of earning less on their reserves than they pay. … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – Euro Lower Against Dollar After Fed FOMC Posted: 04 Nov 2010 12:37 AM PDT Forex Pros – The euro was down against the U.S. dollar on Thursday, retreating from a 9-month high following the Federal Reserves announcement of a second round of quantitative easing. EUR/USD hit 1.4103 during late Asian trade, a daily low; the pair subsequently consolidated at 1.4125, shedding 0.10%. The pair was likely to find support at 1.3991, Wednesday's low and resistance at 1.4191, Wednesday's high and a 9-month high. Late Wednesday, the Fed said that it would buy USD 600 … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Australia Retail Sales Rise Less-than-expected Posted: 04 Nov 2010 12:37 AM PDT Forex Pros – Retail sales in Australia rose less-than-expected in September, official data showed on Thursday. In a report, the Australian Bureau of Statistics said that retail sales rose by a seasonally adjusted 0.3% in September, after rising by 0.3% in August. Analysts had expected retail sales to increase by 0.5% in September. The report showed that Australia’s trade surplus narrowed more-than-expected in September, falling to AUD 1.76 billion, down from 2.45 billion in August, whose … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
N.Z. Unemployment Rate Falls More-than-expected In Q3 Posted: 04 Nov 2010 12:27 AM PDT Forex Pros – The unemployment rate in New Zealand fell more-than-expected in the third-quarter, official data showed on Thursday. In a report, Statistics New Zealand said the rate of unemployment declined to 6.4% in the third-quarter, down from 6.9% in the second-quarter, whose figure was revised from 6.8%. Analysts had expected the rate of unemployment to fall to 6.7% in the third-quarter. According to the data, the number of employed people in New Zealand rose by 1.0% in the … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Posted: 03 Nov 2010 11:46 PM PDT Commodities – Energy |
Posted: 03 Nov 2010 11:05 PM PDT We are upgrading Bayer AG (BAYRY) to Outperform from Neutral based on the strong results posted by the company in the third quarter of 2010. All segments performed well in the quarter. |
Growth & Income Stock: The Toronto-Dominion Bank Posted: 03 Nov 2010 11:05 PM PDT The Toronto-Dominion Bank (NYSE:TD) continues to see strong growth in its retail banking business on both sides of the border. Consumer loan volumes have been solid as the global economic recovery gains traction. |
Bear Of The Day: Greatbatch, Inc. (GB) Posted: 03 Nov 2010 11:05 PM PDT We downgrade our recommendation for Greatbatch (NYSE:GB) to Underperform following its lower-than-expected third quarter fiscal 2010 results and management’s tepid outlook. Both revenues and earnings for the quarter missed the Zacks Consensus Estimate, impacted by the decline in the company’s CRM/Neuromodulation business. |
Aggressive Growth Stock: Coach Inc. Posted: 03 Nov 2010 11:05 PM PDT Coach, Inc. (NYSE:COH) has the wind at its back as sales and earnings continue to surge in this post-recession environment. |
Momentum Stock: Complete Production Services, Inc. Posted: 03 Nov 2010 11:05 PM PDT Complete Production Services, Inc. (NYSE:CPX) continues to pressure its multi-year high at $25.97 after reporting solid Q3 results that included a 35% earnings surprise. With an average earnings surprise of 178% over the last four quarters and a bullish growth projection, this Zacks #1 rank stock is gushing momentum. |
Forex – EUR/USD Down During The Asian Session Posted: 03 Nov 2010 11:00 PM PDT Forex Pros – The Euro was lower against the U.S. Dollar on Thursday. EUR/USD was trading at 1.4122, down 0.13% at time of writing. The pair was likely to find support at 1.3864, Monday's low, and resistance at 1.4182, Wednesday's high. Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.28% to hit 0.8767 and EUR/JPY falling 0.44% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Singapore Stock Market Update For Thursday 04 November Posted: 03 Nov 2010 10:56 PM PDT Morning Highlights There Are No Quick Picks For Today! |
All Markets Are Now Lined Up As A Massive One-Sided Trade Posted: 03 Nov 2010 10:40 PM PDT True believers in a massive deflationary wave are few and far between. In fact, among professional analysts and more “renowned” forecasters, you can count the number of real deflationists on one hand – maybe two if you stretch things. The large majority of forecasters, and more importantly the investors who listen to them, are predicting inflation. Hyperinflation is a fairly common term these days, one can hear it frequently by flipping on a major financial station. However, … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Stock Market And ETF Outlook: Bullish Sentiment At Extreme Levels? Posted: 03 Nov 2010 10:12 PM PDT Here's your market outlook for Thursday, November 4, 2010 Instratrader Indicators: Red Flag: We Expect Lower Prices Ahead Daily Technical Sentiment Indicators: Bullish Short Term Market Condition: Overbought It certainly has been an exciting week so far. And more still to come with tomorrow's non-farm payrolls report. The election went pretty much as forecast with the Republicans regaining the house and nearly taking back the Senate. The U.S. electorate seems … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – GBP/USD Up During The Asian Session Posted: 03 Nov 2010 10:00 PM PDT Forex Pros – The British Pound was higher against the U.S. Dollar on Thursday. GBP/USD was trading at 1.6122, up 0.26% at time of writing. The pair was likely to find support at 1.5963, Tuesday's low, and resistance at 1.6179, Wednesday's high. Meanwhile, the British Pound was up against the Euro and down against the Japanese Yen, with EUR/GBP shedding 0.27% to hit 0.8768 and GBP/JPY falling 0.06% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – GBP/JPY Down During The Asian Session Posted: 03 Nov 2010 09:00 PM PDT Forex Pros – The British Pound was lower against the Japanese Yen on Thursday. GBP/JPY was trading at 130.33, down 0.04% at time of writing. The pair was likely to find support at 128.79, Monday's low, and resistance at 131.25, Wednesday's high. Meanwhile, the British Pound was up against the U.S. Dollar and the Euro, with GBP/USD gaining 0.26% to hit 1.6123 and EUR/GBP falling 0.27% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
U.S. Car Sales Top 12 Million Units In October For The First Time In Two Years, Except For CFC Month Posted: 03 Nov 2010 08:33 PM PDT Except for the “cash for clunkers” jolt that boosted car sales in August 2009 to an artificially high 14.17 million units (on a seasonally adjusted annual rate basis), auto sales in October reached a two-year high in October of 12.26 millions vehicles. That was the strongest month for auto sales since September 2008 when 12.52 million vehicles were sold. Chrysler and Ford helped fuel strong October car sales with two of the largest year-over-year gains of 37% and 19.3% … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Four ETFs To Play Commercial Real Estate Posted: 03 Nov 2010 08:17 PM PDT Despite a stubbornly weak labor market and insignificant increases in consumer sentiment and spending, commercial real estate and the exchange traded funds [[ETFs]] which track the sector have fared relatively well this year and are expected to continue to do so. |
Forex – NZD/USD Up During The Asian Session Posted: 03 Nov 2010 08:00 PM PDT Forex Pros – The New Zealand Dollar was higher against the U.S. Dollar on Thursday. NZD/USD was trading at 0.7842, up 0.56% at time of writing. The pair was likely to find support at 0.7634, Monday's low, and resistance at 0.7886, Wednesday's high. Meanwhile, the New Zealand Dollar was up against the Australian Dollar and the Euro, with AUD/NZD shedding 0.71% to hit 1.2806 and EUR/NZD falling 0.66% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex Trading: EUR/JPY Could Retest 12-Month Trendline Resistance Posted: 03 Nov 2010 07:29 PM PDT On a weekly chart we see trendline resistance defending the appreciation of the EUR/JPY pair since last October. The markets risk profile has been on a rollercoaster ride; however the Yens constant appreciation has kept the pair below the line. Tomorrow's BOJ meeting results could spell further easing and any depreciation in the Yen could push the pair to test this 12-month old resistance. It is also interesting to note that the 21 week moving average has supported the pairs sell offs … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – AUD/USD Down During The Asian Session Posted: 03 Nov 2010 07:00 PM PDT Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Thursday. AUD/USD was trading at 1.0036, down 0.26% at time of writing. The pair was likely to find support at 0.9814, Monday's low, and resistance at 1.0066, Wednesday's high. Meanwhile, the Australian Dollar was down against the Euro and the Japanese Yen, with EUR/AUD gaining 0.11% to hit 1.4069 and AUD/JPY falling 0.19% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
Forex – USD/JPY Up During The Asian Session Posted: 03 Nov 2010 06:00 PM PDT Forex Pros – The U.S. Dollar was higher against the Japanese Yen on Thursday. USD/JPY was trading at 81.17, up 0.11% at time of writing. The pair was likely to find support at 80.25, Monday's low, and resistance at 81.57, Wednesday's high. Meanwhile, the U.S. Dollar was up against the Euro and down against the British Pound, with EUR/USD shedding 0.22% to hit 1.4109 and GBP/USD rising 0.07% to hit … [visit site to read more] or compare Best Credit Cards and Best CD Rates |
The Republican Recipe For An Anemic Economy Through Election Day 2012 Posted: 03 Nov 2010 05:40 PM PDT The real message from voters was "Fix this stinking economy." But Republicans have no intention of doing so. |
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