Friday, August 17, 2012

DailyMarkets.com - Euro Rallies To Hit 6-week High Against Yen

DailyMarkets.com - Euro Rallies To Hit 6-week High Against Yen


Euro Rallies To Hit 6-week High Against Yen

Posted: 17 Aug 2012 08:04 AM PDT

08/17/12 The euro rallied to touch a 6-week high against the Japanese yen Friday morning after German Chancellor Angela Merkel raised expectations the ECB will take steps to stem the regional debt … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


How Much Is 13 Percent?

Posted: 17 Aug 2012 07:59 AM PDT

A front-page headline in today's New York Times: "Romney Says He Paid At Least 13% in Income Taxes" over the last 10 years. That sounds low, but it represents lots of dollars. Which is more important, percentages or dollars? I hope the American people give that some serious thought.
I've always struggled to overcome my own shortcoming of being "penny wise and pound foolish" and giving percentages more weight than they deserve. My most egregious failure occurred in Soule, South … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Oil Falls From 3-month Highs To Trade Flat

Posted: 17 Aug 2012 02:39 AM PDT

08/17/12 With reports surfacing that the US government may be looking to tap into strategic reserves, front month crude prices Friday morning fell from recent highs to trade near … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Double Bottom Breakout In Junior Mining Stocks Before Labor Day

Posted: 17 Aug 2012 07:35 AM PDT

There is an economic malaise all over the world, record unemployment and soaring deficits, yet the general markets are hitting new highs.  How can a market rise despite all the negative gloom and doom economic numbers?
We believe the market and intelligent capital is coming to the realization that the Central Banks through the use of Quantitative Easing and record negative interest rates may start a stagflation which is when commodity prices rise higher in the midst of poor economic … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Thanks To Market Forces, Technology, And Private Sector Activity, C02 Emissions Drop To 20-Year Low

Posted: 17 Aug 2012 07:16 AM PDT

Market forces, not government action, made this happen:

From the Associated Press comes this story “CO2 Emissions In US Drop To 20-Year Low”:

In a surprising turnaround, the amount of carbon dioxide being released into the atmosphere in the U.S. has fallen dramatically to its lowest level in 20 years, and government officials say the biggest reason is that cheap and plentiful natural gas has led many power plant operators to switch from dirtier-burning coal.

Many of the world’s leading … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Global Stocks Higher, Spanish Loans Surge

Posted: 17 Aug 2012 02:09 AM PDT

08/17/12 Global stocks were performing mostly higher Friday morning despite data showing Spanish nonperforming loans surged to their highest levels ib 18 … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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