This is a great post that the Big Picture sourced from slate.com
• Barack Obama is the alternative-energy sector. Hybrid, next-generation upstart, unafraid of entrenched market leaders, and embraced by corn-growing Iowans, Silicon Valley venture capitalists, and East Coast moneymen.
• Mike Huckabee is Chick-fil-A. Cheaper, healthier Southern alternative [...]

Posted in Stock Market No Comments »

Fed Cuts by 25bp, Move Disappoints Even Though Statement is More Dovish
The Federal Reserve cut both the Fed funds and discount rate by 25bp to 4.25 percent. Even though the balance of risk statement disappeared making the tone of the FOMC statement more dovish, the move by the Fed was disappointing. Traders were [...]

Posted in Fed Rate Cut, Fed Rate Cut Expectations, Federal Reserve, Forex News, Stock Market, US Dollar, US Economy No Comments »

Here is the “In the Financial Papers Radio Broadcast” (Length: 09:31 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
In the Financial Papers:

 
Podcast Covers:
- Bank of England to Offer Emergency Funds to Ease Potential End-Of-Year Credit Squeeze
- One-Month Libor Soars as Banks Seek Year-End Funding
- New Home Sales [...]

Posted in Bank of England, Bloomberg, British Pound, Crude Oil Prices, Existing Home Sales, FX Radio, Fed Rate Cut, Forex Podcast, Oil, Radio, Stock Market, Subprime, US Dollar, US Economy, US Treasuries, Wall Street Journal No Comments »

After Friday’s sharp moves in the currency market, this morning’s fluctuations are comparatively modest at best. There is no US economic data on the calendar and only ECB speak overnight. ECB officials continue to believe that inflation is at risk of rising further but they are becoming increasingly weary about growth. All eyes [...]

Posted in Stock Market, US Dollar, US Economy, Wall Street Journal, consumer spending No Comments »

Here is the “In the Financial Papers Radio Broadcast” (Length: 09:50 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy
In the Financial Papers:

 
Podcast Covers:
UK - Markets Pricing in 75bp of Easing by Middle of Next Year
Airbus Says Dollar’s Decline has Passed Pain Threshold
Is the Euro Challenging the [...]

Posted in Bloomberg, British Pound, Crude Oil Prices, ECB, FX Radio, Federal Reserve, Forex News, Forex Podcast, Interest rates, Stock Market, UK, US Dollar, US Economy, US Treasuries, china, consumer spending No Comments »