Tue, Oct 21, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Currencies more

Watch the U.S. dollar for a sign on the direction of commodities

Posted on 12 February 2014

The investment community was anxiously awaiting Friday’s employment report. Would it show a pickup in hiring in January, making December’s abysmal numbers seem like an aberration? Or would it confirm a pattern of weakness? Unfortunately for the U.S. economy, it was the latter.
Almost immediately, equity prices shot up on the assumption that the data would cause the Federal Reserve to re-assess the strategy of tapering its monthly bond-buying program. It’s the old belief that bad news for the economy is good news for stocks, which represents a fundamental disconnect between Main Street and Wall Street………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 37561 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
October 2014
S M T W T F S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728293031