Sunday, October 16, 2011

DailyMarkets.com - Recommended Weekend Reading: WSJ Interview With Mort Zuckerman

DailyMarkets.com - Recommended Weekend Reading: WSJ Interview With Mort Zuckerman

Recommended Weekend Reading: WSJ Interview With Mort Zuckerman

Posted: 16 Oct 2011 09:29 AM PDT

Mort Zuckerman is the Chairman of the Board of Boston Properties.  I have heard many a man in that position equivocate when commenting on the economy, markets, and the political dynamic.
Equivocate? Yes, as in "talking one's position" or being excessively political. I certainly would not characterize Zuckerman in such a fashion.
In fact, Zuckerman strikes me as the antithesis of those who would merely "talk their position". I respect Mort Zuckerman for speaking his mind and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Natural Gas Futures – Weekly Review: October 10-14

Posted: 16 Oct 2011 08:37 AM PDT

Forexpros – Natural gas futures surged on Friday, pulling further away from Thursday's one-year low on expectations of increased demand in the near-term due to cooler temperatures across most parts of the U.S.

On the New York Mercantile Exchange, natural gas futures for delivery in November settled at USD3.692 per million British thermal units by close of trade on Friday, jumping 5.5% over the week, the first weekly gain in five.

Natural gas prices slumped to USD3.448 per million British … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – EUR/USD Weekly Outlook: October 17-21

Posted: 16 Oct 2011 08:34 AM PDT

Forexpros – The U.S. dollar declined sharply against the euro on Friday, sliding to a one-month low, as growing optimism over a proposed plan to tackle the financial crisis in the single currency bloc weighed on the greenback.

EUR/USD hit 1.3893 on Friday, the pair’s highest since September 15; the pair subsequently consolidated at 1.3879 by close of trade on Friday, jumping 3.51% over the week.

The pair is likely to find support at 1.3582, the low of October 12 and resistance at 1.4098, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Yankees’ Salaries Vs. Everyone Else’s. Where’s The Outrage? How About An “Occupy Yankee Stadium”?

Posted: 16 Oct 2011 08:23 AM PDT

In today’s NY Times, Nicholas Kristof sympathizes with the Occupy Wall Street movement by lamenting income inequality including this example:

“As my New York Times colleague Catherine Rampell noted a few days ago (“Bankers’ Salaries versus Everyone Else’s”), in 1981, the average salary in the securities industry in New York City was twice the average in other private sector jobs. At last count, in 2010, it was 5.5 times as much. (In case you want to gnash your teeth, the average is now … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Forex – GBP/USD Weekly Outlook: October 17-21

Posted: 16 Oct 2011 08:11 AM PDT

Forexpros – Last week saw the pound rise sharply against the U.S. dollar, climbing to a one-month high as pledges from European leaders to unveil new measures to tackle the debt crisis in the euro zone boosted demand for riskier assets.

GBP/USD hit 1.5851 on Friday, the pair’s highest since September 15; the pair subsequently consolidated at 1.5816, gaining 1.64% over the week.

Cable is likely to find support at 1.5573, the low of October 11 and resistance at 1.5990, the high of September … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Grain Futures – Weekly Review: October 10-14

Posted: 16 Oct 2011 07:28 AM PDT

Forexpros – Corn and wheat futures edged higher on Friday, while soybean prices rallied to a three-week high as increased demand from top consumer China and a broadly weaker U.S. dollar boosted the appeal of commodities.

On the Chicago Mercantile Exchange, corn futures for December delivery traded at USD6.3988 per bushel by close of trade on Friday, jumping 6.33% over the week. It was the second consecutive weekly gain and the biggest since the week ended July 15.

The U.S. Department of … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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