May 21, 2012

Obama Reviewed, China, TARP Update, Bank of England, Wal-Mart Indicator

walmart

Obama Election Reviewed Everyone is jumping in with there review and assessment of President-elect Obama. Here is what the financial services wonks are saying: Blown Mortgage is tracking Obama's Housing Promises Henry Blodget on the Yahoo! TechTicker is noting Obama already reseting expectations Wall Street Journal is ttracking Economists reactions to Obama Paul Kedrosky says Wall Street doesn't care China Crash Debated Economist Nouriel Roubini, noted economic doomsdayer often attributed … [Read more...]

Morning Worldwide Central Bank Rate Cuts Trump News

central bank chess game

The rush of morning economic news is all about the extraordinary, coordinated rate cut by most of the world central banks. This coordinated 0.5 percent rate cut is a growing indication of a global economy that is comprised of increasingly coupled independent national economies. The world markets over the last several days have been an eerie forecasting tool for each new market opening. Here is some of the initial coverage as markets seem to react positively: Federal Reserve explains in … [Read more...]