Saturday, February 2, 2013

DailyMarkets.com - Stocks Cruisin’ For A Bruisin’

DailyMarkets.com - Stocks Cruisin’ For A Bruisin’


Stocks Cruisin’ For A Bruisin’

Posted: 31 Jan 2013 12:49 AM PST

Notwithstanding the ugly GDP growth headline number, there are couple of ominous storm clouds forming on the market’s horizon. Here are some possible catalysts that could create some volatility for equities in the days to come.

Is the consumer faltering?
Firstly, the Conference Board Consumer Confidence Index unexpectedly plunged from 66.7 in December to 58.6 in January, the second month of decline in the index. I had written about the Credit Suisse analysis (via FT Alphaville) showing that … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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