Wednesday, July 4, 2012

DailyMarkets.com - Central Bank News Link List – July 4, 2012

DailyMarkets.com - Central Bank News Link List – July 4, 2012

Central Bank News Link List – July 4, 2012

Posted: 04 Jul 2012 01:33 AM PDT

    Here’s today’s Central Bank News link list, click through if you missed the previous link list. The list is updated during the day with the latest news about central banks so readers don’t miss any important developments.

Barclay’s Diamond quits over rate rigging (Reuters) 
Poland will probably refrain from raising rates on crises (Bloomberg)
Inflation set to fall below central-bank targets, JPMorgan says (Bloomberg) 
Bank of Montreal predicts BoC … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Swedish Central Bank Keeps Repo Rate Unchanged At 1.50%

Posted: 04 Jul 2012 12:38 AM PDT

    The Riksbank, Sweden’s central bank, kept its benchmark repo rate unchanged at 1.50 percent to support the country’s economy as problems in the euro area cast a shadow.
    But the Swedish economy continues to grow and many of the country’s most important trading partners are expected to continue to expand, albeit at a slow pace, the Riksbank said in a statement.
    ”There is considerable uncertainty concerning economic developments,” the bank said, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Milton Friedman’s Response To Obamacare? The “Economics Of Medical Care” From 1978 At Mayo

Posted: 03 Jul 2012 09:05 PM PDT

The genius of Milton Friedman is that his economic insights are as powerful as they are timeless. Despite the fact that these comments were made more than thirty years ago in 1978 at the Mayo Clinic in Minnesota, they ring as true today as they did then.  Milton Friedman’s six-part video series below on the economics of medical care and economic freedom is especially timely today, given the facts that: a) we are celebrating our nation’s independence from Great Britain’s oppressive … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

US Markets Pause For Independence Day

Posted: 03 Jul 2012 08:30 PM PDT

07/03/12 US markets will be closed on Wednesday, July 4th on Independence Day. A handful of Euro zone data will be released in midweek trade, with the main focus on Thursday’s rate … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Markets In Everything: Vacation Photographers

Posted: 03 Jul 2012 08:21 PM PDT

Vacationers: Don’t Forget to Pack a Photographer

WSJ — “For summer vacation, the flight is booked, the hotel is reserved, the bags are packed, but what about the professional photographer to take snapshots and make you look supernaturally gorgeous? 

A growing number of hotels and resorts are offering sessions with photographers to chronicle guests’ vacations. Travelers want to record memorable moments without ruining them stressing about focus and flash. They want more sophisticated … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards

Too Much Bullishness?

Posted: 03 Jul 2012 07:39 AM PDT

This morning, Mark Hulbert reported that he was seeing too much bullishness among market timers:
Consider the average recommended equity exposure among a subset of the shortest-term stock market timers tracked by the Hulbert Financial Digest (as measured by the Hulbert Stock Newsletter Sentiment Index, or HSNSI). It currently stands at 47.0%.

To put the 47.0% recommended exposure into context, Hulbert wrote:
Particularly disturbing is that the HSNSI is now higher than where it stood on May 1, … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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