The levels of student loans overdue in the US have hit an all-time high, as spiraling education costs meet with the inability of new graduates to repay their loans. While personal debt in households across the US has fallen to around 2006 levels, student debt is one area in which this trend has been reversed. […]
Look with an unemployment rate of 7.6%, (which, by the way, is totally bogus with actual unemployment in the teens), why would anybody suggest that minimum wage be increased? The current administration is also pushing to remove unpaid internships. A possible result will be the employment of more robots and less people to do the […]
The US Dollar Index has been out of control, spending its weekly pay check at Bloomingdales, the jewelers and auctions in a fit of absolute manic elation, and on the other hand, and locking itself in a dark room full of despair, confined to an unproductive self-loathing stupor. You guessed it; the US Dollar Index […]
DATA HIGHPOINTS FOR THE WEEK: — Australia Employment Data.. Bank of Japan rate meeting & announcement..US Treasury Auctions (3, 10, 30 years)..Japan Machinery Orders… US Federal Reserve Meeting Minutes release.. Eurozone, US PPI Data..USDA crop production data. JP Morgan Chase, Wells Fargo earnings release on Friday before Market Open. Data in italics-high potential […]
DATA HIGHPOINTS FOR THE WEEK: — Japan Tankan Report…US ISM Manufacturing Data… US, Eurozone PMI Data… Royal Bank Australia, ECB, Bank of England monetary policy meetings, rate announcements… US, Eurozone Employment Data US MARKET HOLIDAY SCHEDULE -EARLY CLOSES WEDNESDAY JULY 3RD…US MARKETS CLOSED THURSDAY JULY 4TH Data in italics-high potential to influence markets Sunday-11:50 PM […]
Happy Birthday America! We certainly have come a long way in our 237 years as a nation but have back peddled quite a bit in recent years. This country, a melting pot of immigrants, was founded as a place where freedoms would be preserved. Our history shows that for most of our existence we remained […]
Global Economic Calendar June 24th-25th 2013 *Actual data releases for today Data release times are in GMT or specified US EST (Eastern Standard Time) Figures posted are estimates unless specified otherwise Data in italics-high potential to influence markets Click here to see video for weekly Economic Calendar (Use Windows Media Player for best viewing […]
The Option Queen Letter by the Option Royals It really gets scary when you try to sell and ETF and discover that you can’t. It is almost as scary as breaking the buck on the money market funds. This past week, there were two instances where redemptions were halted on ETFs, State Street halted redemptions […]
Global Economic Calendar June 20th-21st 2013 *Actual data releases for today Data release times are in GMT or specified US EST (Eastern Standard Time) Figures posted are estimates unless specified otherwise Data in italics-high potential to influence markets Click here to hear audio commentary for Economic Calendar *Thursday-6:58 AM France Flash Manufacturing PMI […]
GREAT PACIFIC TRADING LAS VEGAS -ECONOMIC CALENDAR & MARKET OUTLOOK- June 18th-19th, 2013 You can reach me at rroscelli@gptc.com for questions, comments, and information about opening an account with Great Pacific Trading Las Vegas. Follow me on Twitter @richardroscelli **The information and opinions contained herein comes from sources believed to be reliable, but are […]
