Daily Investment Interpretations
September 10, 2010
The markets rose for a third day
in a row. The NASDAQ Composite shifted 6.28
to 2,242.48 The Dow rose 47.60
at 10,462.84, and the S&P 500
to end at 1,109.53. Oil jumped to $76.52 a barrel,
while Gold ended the day at $1,248. The VIX dropped
The long road to deflation for stocks Marketwatch's markets editor, Nick Godt, seems to harbor the same economic outlook as Paul Krugman.
Dollar, euro up as China data boosts risk appetite. What I found interesting about this article is the fact that the Japanese yen and the Swiss franc are considered the world's safest currencies, followed by the dollar and the Euro.
Investment lessons of 9-11 terrorist attacks. In this article, Mark Hulbert shows how the stock market overreacts to geopolitical bad news.
The bank story no one is talking about. In this article, Marketwatch's ethics editor, Thomas Kostigan, says that if proprietary trading by investment banks is forbidden, they'll "go farther down the rabbit hole" to find ways to circumvent this restriction. ("Proprietary trading" means using depositors savings as risk capital for risky investments, with excess profits going into the pockets of the investment "banksters".)
Emerging-market building boom
Permanent Link to Japanese Demography
Things Could Be Worse, written by Paul Krugman, examines what Dr. Krugman thinks could happen if the Republican party takes control of Congress in November, and Representative Boehner, as Speaker of the House, can push through spending cuts and tax cuts.
Corporate debt bonanza
"The Deflationist:-How Paul Krugman found politics"