Monday, December 31, 2012

DailyMarkets.com - Equity Index Futures Slide As Fiscal Cliff Looms

DailyMarkets.com - Equity Index Futures Slide As Fiscal Cliff Looms


Equity Index Futures Slide As Fiscal Cliff Looms

Posted: 31 Dec 2012 06:18 AM PST

Monday, December 31, 2012
The end of the year sell-off in equities may be short-lived, especially if US government leaders agree to a last minute deal to avert a series of tax increases and severe spending cuts. However, unless we get meaningful reforms to deal with the soaring US deficit and US economic growth begins to rebound, it may be a challenging year for equities to sustain any significant gains.
Fundamentals
US equities seem poised to limp into the New Year, as concerns that no last … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

A Financial Horror Story

Posted: 31 Dec 2012 05:21 AM PST

The most popular post for 2012 at zerohedge.com was with out a doubt a presentation by Raoul Paul of ‘Global Maco Investor’, It seems every one loves to read a horror story.

192,000 readers…wow!

Main points..

We don't know exactly what is to come, but we can all join the very few dots from where we are now, to the collapse of the first major bank…
With very limited room for government bailouts, we can very easily join the next dots from the first bank closure to the collapse of the … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Europe Poised For A Renaissance

Posted: 27 Dec 2012 12:35 AM PST

The cover of Barron’s features a bullish article on Europe. I agree.

Europe made remarkable progress in 2012. Consider how far 10-year Greek bond yields have fallen:

The Barron’s article states that the STOXX 600 trades at a forward 12 month P/E of 11.5 and sports a dividend yield of 3.8%.

Bullish technicals
Technically, European indices appear poised for further gains. I previously wrote about a possible inverse head and shoulders relative breakout of the Euro STOXX 50 (FEZ) … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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