DailyMarkets.com - Chart Of The Day: Union Membership In The U.S. Falls Below 12% For The First Time In 2010

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• Chart Of The Day: Union Membership In The U.S. Falls Below 12% For The First Time In 2010
• Forex – EUR/USD Weekly Outlook: January 31- February 4
• Road Trains: Future Of Highway Driving?
• Forex – GBP/USD Weekly Outlook: January 31- February 4
• Doubling U.S. Exports = Doubling U.S. Imports
• Stock Investor Sentiment: This Time Will Not Be Different

Chart Of The Day: Union Membership In The U.S. Falls Below 12% For The First Time In 2010 Posted: 30 Jan 2011 09:10 AM PST Union membership in the U.S. fell to an all-time historical low of 11.9% of all workers in 2010, which is less than half of the 24.5% share in 1979, according to new data from the BLS.  I provide some additional charts later on the breakdown between private and public sector … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – EUR/USD Weekly Outlook: January 31- February 4 Posted: 30 Jan 2011 08:05 AM PST Forex Pros – Last week saw the euro fall against the U.S. dollar on Friday, as fears that political unrest in Egypt could spread to neighboring Arab countries sparked a wave of risk aversion. EUR/USD hit 1.3757 on Thursday, the pair's highest since November 22; the pair subsequently consolidated at 1.3609 by close of trade on Friday, slipping 0.23%. The pair was likely to find support at 1.3448, the low of January 21 and resistance at 1.3757, last Thursday's high. The euro fell broadly … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Road Trains: Future Of Highway Driving? Posted: 30 Jan 2011 07:49 AM PST Reuters – “With the recent successful test of road-train technology in Sweden, developers say convoys of cars on Europe’s motorways could become a reality within 10 years provided car makers can agree on a common standard.” HT: Bob … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Forex – GBP/USD Weekly Outlook: January 31- February 4 Posted: 30 Jan 2011 07:42 AM PST Forex Pros – The week ending January 28 saw the pound close lower against the U.S. dollar, as worries over rising civil unrest in Egypt fuelled risk aversion, prompting safe-haven demand for the greenback. GBP/USD hit 1.6016 on Tuesday, the pair's highest since January 19; the pair subsequently consolidated at 1.5858 by close of trade on Friday, tumbling 0.88% over the week. Cable is likely to find support at 1.575, Tuesday's low and an eight day low and resistance at 1.5965, Friday's … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Doubling U.S. Exports = Doubling U.S. Imports Posted: 30 Jan 2011 07:15 AM PST Steven Landsburg points to the opening paragraph from Chapter 12 (“The Drive for Exports”) in Henry Hazlitt’s classic book “Economics in One Lesson”: “Exceeded only by the pathological dread of imports that affects all nations is a pathological yearning for exports.  Logically, it is true, nothing could be more inconsistent. In the long run imports and exports must equal each other (considering both in the broadest sense, which includes such "invisible" items as tourist expenditures, … [visit site to read more] or compare Best Credit Cards and Best CD Rates

Stock Investor Sentiment: This Time Will Not Be Different Posted: 29 Jan 2011 07:01 PM PST It was touch and go this week, but in the end and as suspected in last week’s comments, the “this time is different” scenario will not play out.  Prices are expected to head lower as the bullish extremes in sentiment unwind.  This should NOT be a bull market top leading to a bear market.  Bear markets come about when “buying the dip” fails.  In other words, this overbought, over bullish market should correct providing a better risk adjusted buying opportunity in the … [visit site to read more] or compare Best Credit Cards and Best CD Rates

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