Sunday, January 9, 2011

DailyMarkets.com - The Falling Euro May Offer The Best Investment OPPORTUNITY In 2011

DailyMarkets.com - The Falling Euro May Offer The Best Investment OPPORTUNITY In 2011


The Falling Euro May Offer The Best Investment OPPORTUNITY In 2011

Posted: 09 Jan 2011 11:45 AM PST

As we start the New Year, the global investment climate looks remarkably similar to this time last year. The world is getting more bullish on the outlook for the U.S. Meanwhile, the unfolding sovereign debt crisis in Europe threatens to squash global risk appetite and send not only Europe back into recession, but perhaps trigger another global financial crisis.

When the global financial crisis erupted in 2008, it exposed the structural flaws of the European Monetary Union (EMU), the … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Network Upgrade And Higher Electric Rates To Lift MERALCO

Posted: 09 Jan 2011 09:29 AM PST

Early last week, the Manila Electric Company (MER), which is  the Philippines' largest distributor of electricity, announced that it is considering to spend a total of PHP 45 billion from 2011 to 2015 to upgrade its electricity distribution network. About 85% of this projected capital expenditure will be used for the development of its delivery system and for the acquisition of additional transformers and meters. Meanwhile, the company, with the approval of the country's Energy … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – EUR/USD Weekly Outlook: January 10-14

Posted: 09 Jan 2011 07:17 AM PST

Forex Pros – The week beginning January 10 comes after a week which saw the euro get 2011 off to a bad start by dropping to a four month low against the U.S. dollar, amid continuing concerns over the fiscal health of some peripheral euro zone nations.

EUR/USD tumbled from an open of 1.3359 to hit 1.2904 by close of trade on Friday, the pair's lowest since September 14, 2010, plunging 3.4% over the week.

The pair is likely to find support at 1.2702, the low of September 13, 2010 and … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Classic Milton Friedman: Free Trade, Protectionism

Posted: 09 Jan 2011 07:06 AM PST

Milton Friedman gives a concise and lucid lecture in favor of international free trade at Utah State University in … [visit site to read more] or compare Best Credit Cards and Best CD Rates


International And Intranational Free Trade And Protectism, Are There Really Any Differences?

Posted: 09 Jan 2011 06:43 AM PST

Here’s an excerpt from an excellent post from Cafe Hayek’s Don Boudreaux, arguing in favor of free trade, both international and intra-national, and against protectionism, both international and intra-national:

“If it's true that theory and evidence in favor of protectionism are sufficiently strong to warrant economists abandoning their conclusion that free-trade policy is generally sound, then why shouldn't economists — led by [free trade skeptic] Dani Rodrik — also start exploring … [visit site to read more] or compare Best Credit Cards and Best CD Rates


Forex – GBP/USD Weekly Outlook: January 10-14

Posted: 09 Jan 2011 06:37 AM PST

Forex Pros – Last week saw sterling fall to its lowest level against the U.S. dollar since the start of the year on Friday, before reversing the day's losses following disappointing U.S. payrolls data.

GBP/USD hit 1.5404 on Friday, the pair's lowest since December 30; the pair subsequently consolidated at 1.5543 by close of trade, shedding 0.13% over the week.

Cable is likely to find support at 1.5504, last Friday's low and resistance at 1.5627, the high of January 5.

The dollar's … [visit site to read more] or compare Best Credit Cards and Best CD Rates


More Extremes In The Rydex Asset Data

Posted: 07 Jan 2011 07:49 AM PST

I have highlighted the extremes in market sentiment over the past couple of weeks, yet the market keeps on ticking higher -although the price action has been very erratic and the breadth of the advance has been very narrow.  I still contend that there will be better risk adjusted opportunities for buying equities in the future or at the very least, there are better places to put your money.  So presenting the Rydex data is somewhat redundant, but these are an interesting group of … [visit site to read more] or compare Best Credit Cards and Best CD Rates


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