Friday, April 26, 2013

DailyMarkets.com - SoCalGas Chairman And CEO Anne Shen Smith Receives Corporate Leadership Award From The Center For Asian Americans United For Self Empowerment

DailyMarkets.com - SoCalGas Chairman And CEO Anne Shen Smith Receives Corporate Leadership Award From The Center For Asian Americans United For Self Empowerment

SoCalGas Chairman And CEO Anne Shen Smith Receives Corporate Leadership Award From The Center For Asian Americans United For Self Empowerment

Posted: 26 Apr 2013 11:58 AM PDT

LOS ANGELES, April 26, 2013 /PRNewswire/ — Anne Shen Smith, chairman and CEO of Southern California Gas Co. (SoCalGas), recently received a Corporate Leadership Award from the Center for Asian Americans United for Self Empowerment (CAUSE) at its annual dinner.

The event featured representatives from corporations, nonprofit groups, local businesses and individuals committed to CAUSE’s mission. That mission is to advance the political empowerment of the Asian Pacific American Community … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Stimulus Programs Have To Stay

Posted: 26 Apr 2013 10:14 AM PDT

04/26/13 Rockwell Global Capital’s Peter Cardillo weighs in on the US GDP and consumer sentiment data. Expectations for next week’s central bank decisions, earnings and data are … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Central Bank News Link List – Apr 26, 2013: Europe Should Weaken Its Currency: Bini Smaghi

Posted: 26 Apr 2013 09:48 AM PDT

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

Europe should weaken its currency: Bini Smaghi (CNBC)
Bank of Korea head concerned over yen’s slide (Bernama)
Colombian central bank is expected to keep key rate in check (WSJ)
Lending slumps, gaps … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Bond Prices At 2013 Highs But Becoming Overbought?

Posted: 26 Apr 2013 09:18 AM PDT

Friday, April 26, 2013
After forming what appears to be a head and shoulders bottom on the daily continuation chart, Treasury Bond prices are hovering several points above the “neckline”, although a further-up move in prices is being hampered by this week’s Treasury auction and rising equity prices. Cash movement into U.S. Treasuries may be coming from outside the U.S.– especially from Japan — as the BOJ’s aggressively accommodative monetary policies are forcing domestic investors to search … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

US Stocks Mixed On GDP And Consumer Sentiment Data

Posted: 26 Apr 2013 07:49 AM PDT

04/26/13 Wall Street digested the latest US GDP and consumer sentiment data, along with mixed earnings … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Dollar Edges Lower As US GDP Expands Only 2.5%

Posted: 26 Apr 2013 02:44 AM PDT

04/026/13 Following the release of US Q1 GDP data, the USD remained lower against the EUR, GBP, JPY. EUR/USD turned flat as consumer sentiment came in above in … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Mexico Holds Rate Steady, Says Higher Inflation Temporary

Posted: 26 Apr 2013 07:34 AM PDT

    Mexico’s central bank held its benchmark target for its overnight rate steady at 4.0 percent, saying the recent rise in inflation was temporary and there are no widespread pressures so inflation should resume its downward trend in June and then gradually move toward’s the bank’s 3.0 percent target.
    The Bank of Mexico, which last month cut its rate for the first time since July 2009 but stressed it was not embarking on a new cycle of easing, said inflation was … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Review 1st Qtr 2013 GDP: The “Final” Answer

Posted: 26 Apr 2013 06:34 AM PDT

The 1st quarter 2013 GDP release indicating growth of 2.5% might not be as strong as expected but it is certainly a lot better than the anemic .4% increase registered in Q4/2012, right?
On the surface, yes, you would be correct. 2.5 is definitely a larger number than .4.
If we were to go by such simple measures, then we can paint a whole host of beautiful landscapes as we navigate our way deeper into the depths of economic hell. Let's not be so easily hoodwinked and sort through the noise in … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Where Is The Larger Bubble: The S&P 500 Index Or U.S. Treasuries?

Posted: 26 Apr 2013 05:58 AM PDT

Today we have a plethora of companies reporting earnings and are moving through the 1st Quarter earnings season at a rapid pace. Thus far, earnings have been far from exciting and have made the previous 2013 forward earnings estimates laughable.
The only way we get to the proposed valuations is through multiple expansion which is simply going to require the Federal Reserve to continue to pump $85 billion into Treasury's and MBS securities each month. I am confident they will comply.
There are … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards
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