Charting the Market: A look into 4Q12
The battle between the bulls and bears has gotten a lot more interesting of late. While the market has enjoyed a 14% run-up since June, there have been technical signs this week of exhaustion. And rightly so. Major macroeconomic events are fast approaching and investors are beginning to weigh the costs and benefits of the … Read more
QE2 Explained
We’ve been perusing intensely the past 24 hours trying to get an idea on what investors are saying about the Fed’s second round of stimulus, QE2. And we admit, we’ve been caught quite off guard by the slew of pessimism. Though, in reality, we are secretly grinning to be in the fortunate seat of Contrarians. … Read more
And let the rally begin…
Today’s global rally not reacting directly to this round of QE2, but to the new reports from Goldman Sachs that additional rounds of QE are on the way that could equate to a total of $2 trillion dollars. QE2: Slightly Slower Pace, But Long Time Frame (Hatzius) Today’s statement by the Federal Open Market Committee … Read more
Gold…to $1,300/toz and beyond
Gold May Rise to $1,300 an Ounce Fueled by Investment Demand, GFMS Says “There are still uncertainties looming in the global economy and that’s continuously driving demand for gold,” Kunal Shah, head of commodities research at Nirmal Bang Commodities Pvt., said at the Goa conference. “The risk premium which are there right now in the … Read more
