Friday, August 26, 2011

DailyMarkets.com - Top Stories Pre-NY Open: Awaiting Bernanke, CHF Weakness, AUD Strength

DailyMarkets.com - Top Stories Pre-NY Open: Awaiting Bernanke, CHF Weakness, AUD Strength


Top Stories Pre-NY Open: Awaiting Bernanke, CHF Weakness, AUD Strength

Posted: 26 Aug 2011 05:03 AM PDT

The market eagerly awaits Ben Bernanke's press conference and the USD was weaker overnight on anticipation of the release. However,the USD strengthened heading into the NY trading session against the EUR, GBP, CHF, CAD and others, though not the JPY or AUD.
If Bernanke fails to hint at more stimulus, then the USD should gain as more easing would dilute the value of the USD.
We previewed his release in our fundamental update earlier in the week: 5 Reasons We Don't Get QE3 in Bernanke's … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – EUR/GBP Up During The European Session

Posted: 26 Aug 2011 05:00 AM PDT

Forexpros – The Euro was higher against the British Pound on Friday.<br/><br/> EUR/GBP was trading at 0.8859, up 0.31% at time of writing.<br/><br/> The pair was likely to find support at 0.8697, Monday&rsquo;s low, and resistance at 0.8863, today&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and down against the Japanese Yen, with EUR/USD gaining 0.19% to hit 1.4407 and EUR/JPY falling 0.82% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Does Raleigh Real Estate Market Favor You In September 2011?

Posted: 26 Aug 2011 04:58 AM PDT

… [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex Trading: EURUSD Tests Trendline And 100 Hour MA In Early NY Trade

Posted: 26 Aug 2011 04:42 AM PDT

Forex – USD/CHF Up During The European Session

Posted: 26 Aug 2011 04:30 AM PDT

Forexpros – The U.S. Dollar was higher against the Swiss Franc on Friday after the release of Swiss data on KOF Leading Indicators.<br/><br/> USD/CHF was trading at 0.7946, up 0.18% at time of writing.<br/><br/> The pair was likely to find support at 0.7840, Monday&rsquo;s low, and resistance at 0.7989, Thursday&rsquo;s high.<br/><br/> Earlier in the day, data showed that Switzerland&rsquo;s KOF economic barometer fell more-than-expected to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – GBP/CHF Up In European Trade

Posted: 26 Aug 2011 03:55 AM PDT

Forexpros – The British Pound was higher against the Swiss Franc on Friday after the release of Swiss data on KOF Leading Indicators.<br/><br/> GBP/CHF was trading at 1.2958, up 0.33% at time of writing.<br/><br/> The pair was likely to find support at 1.2872, today&rsquo;s low, and resistance at 1.3101, Wednesday&rsquo;s high.<br/><br/> Earlier in the day, data showed that Switzerland&rsquo;s KOF economic barometer fell more-than-expected to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – AUD/USD Up In European Trading Hours

Posted: 26 Aug 2011 03:25 AM PDT

Forexpros – The Australian Dollar was higher against the U.S. Dollar on Friday.<br/><br/> AUD/USD was trading at 1.0493, up 0.59% at time of writing.<br/><br/> The pair was likely to find support at 1.0375, Monday&rsquo;s low, and resistance at 1.0535, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the Australian Dollar was up against the Euro and down against the Japanese Yen, with EUR/AUD shedding 0.25% to hit 1.3752 and AUD/JPY falling 0.03% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Denmark Central Bank Holds Lending Rate At 1.55%

Posted: 26 Aug 2011 03:15 AM PDT

The Danmarks Nationalbank held its key lending rate unchanged at 1.55% .  The Bank also reduced the interest on certificates of deposit -10 basis points to 1.10%, the current account rate -10 basis points to 1.00%, and held the discount rate at 1.25%.  The Bank said in its press release that “The interest rate reduction follows Danmarks Nationalbank’s purchase of foreign exchange in the market.  The short euro market rates have fallen and the spread to the equivalent … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Sierra Leone Central Bank Holds Rate At 23%

Posted: 26 Aug 2011 02:54 AM PDT

The Bank of Sierra Leone maintained its monetary policy rate steady at 23%, and kept the standing facility rate at 30%, and the reverse repo rate at 25%.  The Bank said: ”The Committee underscored the need for the Bank to continue to maintain  a tight monetary policy  stance  in order to contain  the second round effects of imported inflation.  This will be achieved through active liquidity management in the secondary market to sterilize excess … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – USD/CHF Down On Economic Data

Posted: 26 Aug 2011 02:45 AM PDT

Forexpros – The U.S. Dollar was lower against the Swiss Franc on Friday after the release of Swiss data on KOF Leading Indicators.<br/><br/> USD/CHF was trading at 0.7922, down 0.12% at time of writing.<br/><br/> The pair was likely to find support at 0.7840, Monday&rsquo;s low, and resistance at 0.7989, Thursday&rsquo;s high.<br/><br/> Earlier in the day, data showed that Switzerland&rsquo;s KOF economic barometer fell more-than-expected to a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Switzerland’s KOF Economic Barometer Falls More-than-expected

Posted: 26 Aug 2011 02:40 AM PDT

Forexpros – Switzerland&rsquo;s KOF economic barometer fell more-than-expected last month, data showed on Friday.<br/><br/>In a report, the KOF Economic Research Agency said that its economic barometer fell to a seasonally adjusted 1.61, from 2.04 in the preceding month.<br/><br/>Analysts had expected the KOF economic barometer to fall to 1.80 last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – USD/JPY Down In European Trade

Posted: 26 Aug 2011 02:30 AM PDT

Forexpros – The U.S. Dollar was lower against the Japanese Yen on Friday.<br/><br/> USD/JPY was trading at 76.97, down 0.64% at time of writing.<br/><br/> The pair was likely to find support at 76.47, Tuesday&rsquo;s low, and resistance at 77.70, Thursday&rsquo;s high.<br/><br/> Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.47% to hit 1.4446 and GBP/USD rising 0.32% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – GBP/USD Up On Economic Data

Posted: 26 Aug 2011 01:45 AM PDT

Forexpros – The British Pound was higher against the U.S. Dollar on Friday after the release of U.K. data on GDP.<br/><br/> GBP/USD was trading at 1.6336, up 0.34% at time of writing.<br/><br/> The pair was likely to find support at 1.6262, Thursday&rsquo;s low, and resistance at 1.6571, Tuesday&rsquo;s high.<br/><br/> Earlier in the day, preliminary official data showed that U.K.&rsquo;s gross domestic product rose to a seasonally adjusted 0.2% … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


U.K. GDP Rises

Posted: 26 Aug 2011 01:40 AM PDT

Forexpros – U.K.&rsquo;s gross domestic product rose in the last quarter, preliminary official data showed on Friday.<br/><br/>In a report, the U.K. Office for National Statistics said that GDP rose to 0.2%, from 0.2% in the preceding quarter.<br/><br/>Analysts had expected U.K.&rsquo;s gross domestic product to rise 0.2% in the last … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex Trading: Eurozone M3 (July) 2.0% Vs 2.2% Expected.

Posted: 26 Aug 2011 01:11 AM PDT

… [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – EUR/USD Up During The European Session

Posted: 26 Aug 2011 01:10 AM PDT

Forexpros – The Euro was higher against the U.S. Dollar on Friday.<br/><br/> EUR/USD was trading at 1.4430, up 0.35% at time of writing.<br/><br/> The pair was likely to find support at 1.4328, Thursday&rsquo;s low, and resistance at 1.4500, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.20% to hit 0.8850 and EUR/JPY falling 0.24% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – EUR/GBP Up During The European Session

Posted: 26 Aug 2011 12:15 AM PDT

Forexpros – The Euro was higher against the British Pound on Friday.<br/><br/> EUR/GBP was trading at 0.8855, up 0.26% at time of writing.<br/><br/> The pair was likely to find support at 0.8697, Monday&rsquo;s low, and resistance at 0.8857, today&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the U.S. Dollar and down against the Japanese Yen, with EUR/USD gaining 0.40% to hit 1.4437 and EUR/JPY falling 0.24% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Asian Markets Mixed At Close; Nikkei Up 0.29%

Posted: 26 Aug 2011 12:10 AM PDT

Forexpros – Asian stocks were mixed after the closing bell on Friday.<br/><br/> At the close of Asian trade, Japan&rsquo;s Nikkei 225 index rose 0.29%, Australia&rsquo;s S&P/ASX 200 index shed 0.30%, while Hong Kong&rsquo;s Hang Seng Index was trading 0.76% down.<br/><br/> Earlier in the day, official data showed that Tokyo&rsquo;s core consumer price inflation fell more-than-expected to at annualized rate of -0.2% last month from 0.4% in the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Aggressive Growth Stock: Sally Beauty Holdings

Posted: 25 Aug 2011 11:05 PM PDT

Sally Beauty Holdings (NYSE:SBH) has extended its excellent earnings track record and now has 6 consecutive surprises.
Growth rates are looking great and shares remain attractively priced for this Zacks #2 Rank (Buy).
Company Description
Sally Beauty is a beauty retailer with over 4,000 stores, in addition to outside sales consultants, in North America and Europe.
Another Good Quarter
Last time Sally Beauty was featured in May it was coming off of its fifth consecutive surprise. On Aug 4 the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Bear Of The Day: Big 5 Sporting Goods (BGFV)

Posted: 25 Aug 2011 11:05 PM PDT

Big 5 Sporting Goods’ (NASDAQ:BGFV) second-quarter 2011 earnings dropped the prior-year quarter. The decline was primarily attributable to a 1.7% fall in same-store sales. Accordingly, the company has lowered same-store sales projections for third-quarter 2011, reflecting a sharp decline from the prior-year quarter.
Big 5 Sporting Goods also sees intense competition from national chains, mass merchandisers and regional stores which may dent its future operating performance. Moreover, the seasonal … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Bull Of The Day: Eaton Corporation (ETN)

Posted: 25 Aug 2011 11:05 PM PDT

Eaton Corp. (NYSE:ETN), a diversified power management company and global leader in electrical components and systems, outperformed Zacks Consensus Estimates yet again, driven by 12% end-market growth. Eaton sees 2011 shaping up as the best year in its history. Following the better-than-expected second quarter results, the company raised its full-year guidance and expects to see record sales and profits in 2011.
Eaton has gradually transformed itself from an automotive and truck component … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Momentum Stock: Multi-Color Corp.

Posted: 25 Aug 2011 11:05 PM PDT

Multi-Color Corp. (NASDAQ:LABL) is posting big gains in 2011, recently hitting a new 52-week high on the heels of another strong quarter. With estimates on the rise and a solid valuation, this Zacks #1 Rank stock has labeled itself with momentum..
Company Description
Multi-Color Corp provides label solutions worldwide. The company was founded in 1916 and has a market cap of $342 million.
Although LABL has been trending higher for most of the year, shares got an extra boost into a new multi-year on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Growth & Income Stock: McDonald's Corporation

Posted: 25 Aug 2011 11:05 PM PDT

Investors worried about the recent market volatility and heightened risk of another recession don’t need to flee equities altogether. McDonald’s Corporation (NYSE:MCD) provides safety amid the market storm and offers investors plenty of growth opportunities.
It also pays a dividend that yields a stellar 2.7%, about 50 basis points above the yield on a 10-year Treasury note.
Earnings estimates have risen steadily for the world’s largest restaurant chain and should continue to rise even if another … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – EUR/USD Up During The Asian Session

Posted: 25 Aug 2011 10:55 PM PDT

Forexpros – The Euro was higher against the U.S. Dollar on Friday.<br/><br/> EUR/USD was trading at 1.4425, up 0.32% at time of writing.<br/><br/> The pair was likely to find support at 1.4328, Thursday&rsquo;s low, and resistance at 1.4500, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the Euro was up against the British Pound and down against the Japanese Yen, with EUR/GBP gaining 0.06% to hit 0.8837 and EUR/JPY falling 0.04% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Waiting On The Bear’s Next Move

Posted: 25 Aug 2011 10:37 PM PDT

The S&P 500 has been consolidating for two weeks now between 1100 and 1200 ever since the dramatic plunge earlier in the month.  The question now is do we get a bear market rally that would logically retest the 1260 level on the S&P 500?  Or does the market come under much more severe pressure with an acceleration in the European debt crisis?  With the instability of the current situation it's hard to make a call either way, which is why it's prudent to be prepared … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – GBP/USD Up In Asian Trade

Posted: 25 Aug 2011 10:25 PM PDT

Forexpros – The British Pound was higher against the U.S. Dollar on Friday.<br/><br/> GBP/USD was trading at 1.6310, up 0.18% at time of writing.<br/><br/> The pair was likely to find support at 1.6262, Thursday&rsquo;s low, and resistance at 1.6571, Tuesday&rsquo;s high.<br/><br/> Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.06% to hit 0.8837 and GBP/JPY falling 0.13% to hit … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – Dollar Falls In Mid-day Asian Trade

Posted: 25 Aug 2011 08:11 PM PDT

Forexpros – <p style=”font: normal normal normal 12px/normal Helvetica; margin: 0px”><span style=”letter-spacing: 0px”>Forexpros – The U.S. dollar moved broadly lower against its major counterparts in Asian trade Friday, as disappointing labor data heightened focus on a scheduled speech from U.S. Federal Reserve Chairman Ben Bernanke.</span></p> <p style=”font: normal normal normal 12px/normal Helvetica; min-height: 14px; margin: 0px”>In mid-day Asian trade, the … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


AUD/USD Channeling; At Resistance

Posted: 25 Aug 2011 07:55 PM PDT

Prev: AUD/USD Breaking Below Wedge Correction After Hitting 1.06 Target (8/28)
AUD/USD

Consolidation:
The 1H chart of the AUD/USD shows a market rallying in a wedge from 1.0315 to 1.5337.
It caused the RSI in the 1H chart to kiss 70 after seeing it dip below 30, reflecting some bullish bias, but overall range-bound trading in the short-term.
It then anchored out of the wedge in a channel. After testing 50% retracement at 1.0424, the market rallied sharply and is now testing the channel … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Crude Oil, Gold Prices Look To Ben Bernanke Speech For Direction

Posted: 25 Aug 2011 07:45 PM PDT

Talking Points

Crude Oil Prices Look to Fed's Ben Bernanke Speech to Define Direction
Gold Outlook Clouded as Inflation, Sentiment-Driven Catalysts Conflict

WTI Crude Oil (NY Close): $85.30 // +0.14 // +0.16%
Needless to say, all eyes are now on Federal Reserve Chairman Ben Bernanke as the he delivers his much-anticipated speech at the central bankers' symposium in Jackson Hole, Wyoming. Markets appear positioned for the unveiling of further stimulus, with S&P 500 stock index futures … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Forex – USD/JPY Falls In Mid-day Asian Trade

Posted: 25 Aug 2011 07:30 PM PDT

Forexpros – <p style=”font: normal normal normal 12px/normal Helvetica; margin: 0px”><span style=”letter-spacing: 0px”>Forexpros – The U.S. dollar moved lower against the Japanese yen in Asian trade Friday, on labor data suggesting employment in the U.S. has yet to show signs of recovery.</span></p> <p style=”font: normal normal normal 12px/normal Helvetica; min-height: 14px; margin: 0px”>In early Asian trade USD/JPY hit 77.51, the pair&rsquo;s highest since … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Currency Cycle Review

Posted: 25 Aug 2011 07:23 PM PDT

Time to review cycles on major currencies. Aussie, Looney, and Euro.

The thing about cycles is that no one believes the market will turn until its too late. Market reversals turn on a fundamental change, cycles to tend time to give you a heads up when that change will … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Traveling Back To The Future On Intercity Buses

Posted: 25 Aug 2011 06:56 PM PDT

From Michael Barone:

“While the Obama administration has been desperately seeking to spend $53 billion on so-called high-speed rail lines, private businessmen have developed Chinatown and Megabus lines that provide inter-city service that has attracted legions of price-conscious travelers.

Private bus operators have effectively taken a 100-year-old technology, the bus, and adapted it seamlessly to the 21st century. Compare high-speed rail. It is tethered to enormous stations that must be … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Asian Stocks Post Modest Gains In Early Trade; Nikkei Inches Up 0.05%

Posted: 25 Aug 2011 06:51 PM PDT

Forexpros – <p style=”font: normal normal normal 12px/normal Helvetica; margin: 0px”><span style=”letter-spacing: 0px”>Forexpros – Asian stocks moved marginally higher Friday, as dealers in the region remained wary of aggressive buying ahead of a planned speech by U.S. Federal Reserve Chairman Ben Bernanke.&nbsp;</span></p> <p style=”font: normal normal normal 12px/normal Helvetica; min-height: 14px; margin: 0px”>During early Asian trade, Hong … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Crude Oil Gains In Early Asian Trade

Posted: 25 Aug 2011 06:05 PM PDT

Forexpros – <p style=”font: normal normal normal 12px/normal Helvetica; margin: 0px”><span style=”letter-spacing: 0px”>Forexpros – Crude oil futures moved higher in Asian trade Friday, as refineries on the U.S. East Coast braced for Hurricane Irene and hopes for a resumption of Libyan crude remained on hold.&nbsp;</span></p> <p style=”font: normal normal normal 12px/normal Helvetica; min-height: 14px; margin: 0px”>On the New York Mercantile Exchange light, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Gold Futures Decline In Early Asian Trade

Posted: 25 Aug 2011 05:22 PM PDT

Forexpros – <p style=”font: normal normal normal 12px/normal Helvetica; margin: 0px”><span style=”letter-spacing: 0px”>Forexpros &ndash; Gold futures extended losses in Asian trade Friday, as higher trading fees&nbsp; set in for dealers ahead of a much-anticipated speech by U.S. Federal Reserve Chairman Ben Bernanke.</span></p> <p style=”font: normal normal normal 12px/normal Helvetica; min-height: 14px; margin: 0px”>On the Comex division of the New York … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Oil Technical Analysis For August 26, 2011

Posted: 25 Aug 2011 11:17 AM PDT

By CommoditiesMansion.com

 
Light Sweet Crude
The CL contract was very quiet on Thursday, and it appears that the market is digesting the recent bounce. We are halfway between the two massive support and resistance areas – the $90 and $85 marks. This is a virtual "No man's land", and as such – we don't advise trading oil at this level. In the meantime, we are looking for supportive action at $80, or a breakout at $90 to place our next trade.

Brent
Brent continues to press … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Natural Gas Technical Analysis For August 26, 2011

Posted: 25 Aug 2011 11:16 AM PDT

By CommoditiesMansion.com

 
The natural gas markets sat fairly still during the Thursday session, as traders are still trying to grapple with the idea of $4 being resistance. The market is decidedly bearish, and should only be shorted. However, with the market hanging around these levels – it looks like we need a fresh low, or a rally perhaps to sell. Buying is impossible, as the trend is certainly to the downside in this market.

Originally posted here

The definitive site about … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Gold Technical Analysis For August 26, 2011

Posted: 25 Aug 2011 11:15 AM PDT

By CommoditiesMansion.com

 
Gold markets sold off on Thursday, eventually reaching as low as $1,700. The area was one that we were interested in, and as a result – many of you may have already bought this market. For those of you that didn't, the good news is that the daily candle formed a massive hammer, a great buying signal. A break above the highs for Thursday is a buy signal that should see this market rise. We will not sell this market as it is on a massive bull … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Gold Daily Fundamental Analysis For August 26, 2011

Posted: 25 Aug 2011 02:02 AM PDT

By CommoditiesMansion.com
Gold prices fell on Thursday for a third consecutive day ahead of Bernanke's speech on Friday, as investors remained cautious over the prospects of whether the Fed would announce a third round of quantitative easing or not, which weighed down on gold prices, despite the worse than expected jobless claims data from the United States, as jobless claims rose above expectations.
Traders will be focused on Friday at Bernanke's speech, where some analysts expect Bernanke … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Crude Oil Daily Fundamental Analysis For August 26, 2011

Posted: 25 Aug 2011 02:01 AM PDT

By CommoditiesMansion.com
Crude oil prices reversed earlier gains and dropped back on Thursday, where rising optimism across global markets earlier boosted demand for higher yielding assets, which provided crude oil prices with some bullish momentum, although the gains were limited, as traders are still cautious ahead of Bernanke's speech on Friday. Yet crude oil prices dropped back as Citigroup revised its projections for global growth lower, which raised concerns over the outlook for demand … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


Natural Gas Daily Fundamental Analysis For August 26, 2011

Posted: 25 Aug 2011 02:01 AM PDT

By CommoditiesMansion.com
Natural gas prices rose on Thursday after the EIA report showed natural gas stockpiles rose below expectations, where natural gas stockpiles increased by 73 billion cubic feet, slightly below the expected increase of 74 BCF, and compared with the prior rise of 50 BCF.
Meanwhile, the outlook of the U.S. economy and the prospects of further slowdown could weigh down on natural gas prices over the coming period. Nonetheless, the Hurricane season could provide natural gas … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


A Stock Market Bottom At The End Of This Decade

Posted: 25 Aug 2011 12:16 AM PDT

There has been some buzz in the blogosphere about a paper published by researchers from the San Francisco Fed entitled Boomer Retirement: Headwinds for U.S. Equity Markets? In the paper, the authors concluded that, based on their demographic studies, “real stock prices are not expected to return to their 2010 level until 2027″.

I had written about the effect of demographics on equity market returns before (see Wait 8 years for a new bull). I had referenced a paper by Geanakoplos et al … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards


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