DailyMarkets.com - U.S. Stock Market: Why The Bear Will Return In 2011

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• U.S. Stock Market: Why The Bear Will Return In 2011
• Forex – EUR/USD Weekly Outlook: December 27-31
• Living The Good Life: The Good Old Days Are Now
• Forex – GBP/USD Weekly Outlook: December 27-31
• Facts Of The Day: U.S. Auto Industry

U.S. Stock Market: Why The Bear Will Return In 2011 Posted: 26 Dec 2010 09:35 AM PST It’s almost impossible to find anyone who is long term bearish on the stock market or economy at this time. In the recent Barron’s poll every single analyst expected a rise in stock prices next year and continued economic expansion. I think they are all going to be wrong, horribly wrong. I believe next year the stock market will begin the third leg down in the secular bear market. And the global economy will tip over into the next recession that will be much worse than the last … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Weekly Outlook: December 27-31 Posted: 26 Dec 2010 07:56 AM PST Forex Pros – Last week saw the euro decline for the third consecutive week against the U.S. dollar, tumbling to a 3-week low, as ongoing fears over the euro zone's sovereign debt crisis kept the single currency on the defensive ahead of the Christmas break. EUR/USD hit 1.3054 on Thursday, the pair's lowest since December 1; the pair subsequently consolidated at 1.3114 by close of trade on Friday, dropping 0.53% over the week. The pair is likely to find support at 1.2970, the low of … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Living The Good Life: The Good Old Days Are Now Posted: 26 Dec 2010 07:41 AM PST Here’s another comparison of consumer purchasing power in the 1960s versus today, based on the time cost of common household appliances like a kitchen oven. The Sears Kenmore oven pictured below retailed for $330 in 1966, which would represent 121.3 hours of work (about three weeks) at the average hourly wage in that year (ignoring taxes).   At the current average hourly wage of $19.10, today’s average consumer would earn a little more than $2,300 working 121.3 hours, and would be able … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Weekly Outlook: December 27-31 Posted: 26 Dec 2010 07:32 AM PST Forex Pros- Last week saw the pound decline for the second consecutive week against the U.S. dollar, tumbling to a 3-month low amid concerns the U.K. economic recovery may be stalling. GBP/USD hit 1.5356 on Wednesday, the pair's lowest since September 14; the pair subsequently consolidated at 1.5434 by close of trade on Friday, slumping 0.51% over the week. Cable is likely to find support at 1.5295, the low of September 7, and resistance at 1.5567, the high of December 21. Sterling tumbled … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Facts Of The Day: U.S. Auto Industry Posted: 26 Dec 2010 06:54 AM PST After falling in every single year between 1994 and 2009, the market share of the Big Three (GM, Ford and Chrysler) is on pace to increase slightly in 2010 for the first time in 17 years.  Based on year-to-date (YTD) sales through  November from Ward’s Automotive, the Big Three will capture about 44% of the U.S. vehicle market this year, up slightly from 43.66% last year (see chart below).  If that happens, it would be the Big Three’s first increase in market share since … [visit site to read more] or compare Best Credit Cards and Best CD Rates

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