DailyMarkets.com - Forex – Weekly Outlook: December 27-31

Forex – Weekly Outlook: December 27-31
Barron’s Confidence Back At October ‘07
Wealthtrack: Dan Fuss On Bonds
James Montier: In Defense Of The “old Always”
Will The Bulls Keep Running?
Technical Talk: S&P 500 Remains In Upward Channel, For Now
A Poetic Look At 2010
Global Debt Monitor – In Pictures
China’s Dog Of A Year
Mish: Ten Economic And Investment Themes For 2011
Laugh Out Loud: Yes, There Is A Santa Claus

Posted: 26 Dec 2010 02:44 AM PST

Forex Pros- Last week saw the U.S. dollar rise to a 3-week high against the euro and climb to a 15-week high against the pound in subdued, holiday-thinned trade, as ongoing fears over the euro zone's sovereign debt crisis remained in focus.

The dollar advanced against the euro for the third consecutive week amid simmering fears over the fiscal health of peripheral euro zone nations, after ratings agency Fitch downgraded Portugal's debt rating by one notch on Friday, citing a … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Barron’s Confidence Back At October ‘07

Posted: 25 Dec 2010 11:47 PM PST

The Barron's Confidence Index is an indicator worth monitoring. This Index is calculated by dividing the average yield on high-grade bonds by the average yield on intermediate-grade bonds. The discrepancy between the yields is indicative of investor confidence.
As shown below, there has been a solid improvement in the ratio since its all-time low in December 2008, showing that bond investors have grown significantly more confident, opting for more speculative bonds over high-grade bonds. The … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Wealthtrack: Dan Fuss On Bonds

Posted: 25 Dec 2010 11:43 PM PST

This week on WealthTrack, Consuela Mack interviews legendary bond manger Dan Fuss, vice chairman of Loomis Sayles & Company. Fuss has 50 years' experience in the investment management industry and also manages a variety of mutual funds, including the flagship Loomis Sayles Bond Fund.

Note: The transcript of this interview is not available yet, but will be posted here as soon as it … [visit site to read more] or compare Best Credit Cards and Best CD Rates

James Montier: In Defense Of The “old Always”

Posted: 25 Dec 2010 11:40 PM PST

James Montier needs no introduction to the readers of Investment Postcards. Prior to joining as member of GMO's Asset Allocation Team in 2009, he was co-head of Global Strategy at Société Générale. Montier is the author of several books, including "Behavioural Investing: A Practitioner's Guide to Applying Behavioural Finance", "Value Investing: Tools and Techniques for Intelligent Investment" and "The Little Book of Behavioural Investing".
Montier has just published a paper … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Will The Bulls Keep Running?

Posted: 25 Dec 2010 11:28 PM PST

Historically, the third year for a president produces a good return for investors. Investment strategists Liz Ann Sonders, Chief Investment Strategist of Charles Schwab, and Sam Stovall, Chief Investment Strategist of Standard & Poor's, say why 2011 will be no … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Technical Talk: S&P 500 Remains In Upward Channel, For Now

Posted: 25 Dec 2010 11:22 PM PST

The comments below were provided by Kevin Lane of Fusion IQ.
As seen below the S&P 500 Index is clearly well above the April/May peak (red lines). Additionally, the index remains within the confines of a large bullish upward channel (green lines). Lately that upward trend has accelerated and a small channel (purple lines) has formed within the larger channel. This channel targets up to 1,300 and aligns with the upper end of the larger channel.
For those with a more narrow focus, near-term … [visit site to read more] or compare Best Credit Cards and Best CD Rates

A Poetic Look At 2010

Posted: 25 Dec 2010 11:20 PM PST

John Murphy is not only the top charting honcho at StockCharts.com, but he has also just produced an excellent summary of 2010's investment happenings – written very admirably as a poem.
Twas the night before Christmas
And on the street they call Wall
Traders and investors were having a ball,
Stocks and commodities were ending on an upnote
Which for the global economy was a positive vote,
Extended tax cuts started by Bush
Also gave stocks a positive push,
Consumers were doing a lot of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Global Debt Monitor – In Pictures

Posted: 25 Dec 2010 11:11 PM PST

Moody's Analytics Dismal Scientist provides a handy set of charts for monitoring the global debt situation, as shown below. In short, not a set of pictures investors should become complacent about any time soon.
Deficits

Debt

Risk … [visit site to read more] or compare Best Credit Cards and Best CD Rates

China’s Dog Of A Year

Posted: 25 Dec 2010 11:10 PM PST

The Shanghai Composite fell 11.4% this year even as China overtook Japan as the world's second largest economy. Yet Chinese equities are still in demand internationally, leading to wildly divergent valuations, as James Mackintosh, FT's investment editor, explains.
Click here or on the image below to view the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Mish: Ten Economic And Investment Themes For 2011

Posted: 25 Dec 2010 11:08 PM PST

The comments below come courtesy of Mish Shedlock, investment advisor with Sitka Pacific Capital Management and writer of Mish's Global Economic Trend Analysis blog.
1. US Municipal Bankruptcies Head to Center Stage
Look for Detroit and at least one other city in Michigan to go bankrupt. Also look for increasing discussions regarding bankruptcy from Los Angeles, Miami, Oakland, Houston, and San Diego. Those cities are definitely bankrupt, they just have not admitted it yet. The first … [visit site to read more] or compare Best Credit Cards and Best CD Rates