DailyMarkets.com - Dow And S&P Hit Record Highs On Jobs Report Surprise

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• Dow And S&P Hit Record Highs On Jobs Report Surprise
• Uganda Holds Rate, Sees Stable Inflation, Positive Economy
• Central Bank News Link List – May 3, 2013: Bank Of Canada’s Ploloz Is Outsider With Financial Savvy
• Technical Analysis As Behavioral Finance

Dow And S&P Hit Record Highs On Jobs Report Surprise Posted: 03 May 2013 08:00 AM PDT 05/03/13 Wall Street rallied on the better-than-expected US jobs report for April. The Dow topped 15,000 and the S&P 500 broke above … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Uganda Holds Rate, Sees Stable Inflation, Positive Economy Posted: 03 May 2013 07:35 AM PDT     Uganda’s central bank held its Central Bank Rate (CBR) steady at 12.0 percent, saying a neutral monetary policy stance was warranted in light of an expected stabilization of core inflation around the central bank’s 5.0 percent target and underlying positive economic momentum.     The Bank of Uganda (BOU), which slashed its key rate to 12 percent from 23 percent in 2012, said real growth in Gross Domestic Product is projected at 5.3 percent for the financial year 2012/13, … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Central Bank News Link List – May 3, 2013: Bank Of Canada’s Ploloz Is Outsider With Financial Savvy Posted: 03 May 2013 07:05 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. NEWSMAKER: Bank of Canada’s Ploloz is outsider with financial savvy (Reuters) G-7 governments not playing favorites as central banks revamped (Bloomberg) ECB Nowotny: Negative depo rate not … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Technical Analysis As Behavioral Finance Posted: 03 May 2013 12:18 AM PDT A couple of items came across my desk that, in combination, made me think about how we think about finance today. The first was Mark Buchanan’s review of Gary Gorton’s book Misunderstanding Financial Crises where the author took down the blindness of economists and, by extension, the theory of rational expectations [emphasis added]: I think it’s the most convincing book I’ve read so far that links the mechanisms of the recent crisis to crises in the past. In effect, he argues that the … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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