Category: Financial Markets 2009
The analysis published under this category are as follows.
Wednesday, January 06, 2010
2009 Annus Horribilis / Stock-Markets / Financial Markets 2009
By: John_Browne
Now that 2009 has passed into history, analysts have flooded the public with their opinions on how the events of the past year will impact the coming years. While most are optimistic, I feel that last year's developments have greatly exaggerated the imbalances in the U.S. economy. Although we may see a temporary respite from the turbulence, these mistakes will hinder our long-term viability. I fear that we have gone down a road that will destroy the value of the dollar and may even threaten the political stability of the United States.
Friday, January 01, 2010
The Most Popular Financial Markets and Economic Analysis of 2009 / Stock-Markets / Financial Markets 2009
By: Nadeem_Walayat
The most popular most read financial markets analysis articles of 2009 that provided valuable insight for our readership during the year and hopefully will continue to do so throughout 2010.
Thursday, December 31, 2009
All Fiat Currencies Will Continue to Fall Against Gold / Stock-Markets / Financial Markets 2009
By: Bob_Chapman
The rally in the dollar and the problems for other currencies prove what we have been saying and that is all currencies will continue to fall vs. gold. The impetus for the dollar rally originates as usual with the government and is added to by the disarray in the economies worldwide, particularly in Europe. One of the things central banks have never learned is that financial engineering only works for a short duration, after that the problem worsens. Even the world’s strongest currencies, the Swiss, Canadian, Aussie and Norwegian, are only holding their own versus gold. The reason why is almost all central banks have done the same thing and that is create money and credit recklessly at the behest of the US government.
Monday, December 28, 2009
Longer-Term Interest Rates, TBT, Climb with Equities / Stock-Markets / Financial Markets 2009
By: Mike_Paulenoff
As persistent as the upside march of the stock indices has been since mid-December, so has the climb in longer-term interest rates (3.25% to 3.85% in 10 year YIELD). At what point higher interest rates and a sharply steepening yield curve negatively impact the attractiveness of equities is anyone's guess at this point. The only thing that is certain is that such an inflection point is getting closer by the day.
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Thursday, December 24, 2009
10 Days of Stock Indexes and Commodities / Stock-Markets / Financial Markets 2009
By: Chris_Vermeulen
It’s been a great year as we head into the final few trading sessions. The past several weeks the indexes have not done much of anything which is why we are now in cash.
I feel as though the market is about to change direction abruptly in the coming days or weeks. I feel this way for several reasons:
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Monday, December 21, 2009
Stocks Bear Market Rally Inflection Point and Dollar Rally Impact on Gold / Stock-Markets / Financial Markets 2009
By: Douglas_V._Gnazzo
The action this week was in the currency markets. Moody’s downgrade of Greece’s sovereign debt put pressure on the euro, while supporting the dollar’s rally.
Hot money flows can sustain or reverse a trend in motion. Currency flows have weighed heavily on the gold market, which moves in line with the euro, and inversely to the dollar, as the chart below shows.
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Saturday, December 19, 2009
Goodbye to Stock Market Santa Rally? / Stock-Markets / Financial Markets 2009
By: Anthony_Cherniawski
New jobless claims unexpectedly rise. - The number of newly laid off workers filing claims for unemployment benefits unexpectedly rose last week as the recovery of the nation's battered labor market proceeds in fits and starts.
The Labor Department said Thursday that the number of new jobless claims rose to 480,000 last week, up 7,000 from the previous week. That was a worse performance than the decline to 465,000 that economists had expected.
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Friday, December 18, 2009
Financial Markets 2009 Were The Eye of the Storm / Stock-Markets / Financial Markets 2009
By: Casey_Research
Louis James writes: At a recent Casey Research editors’ meeting, the team took on the question of whether the somewhat steady recovery since last February’s washout bottom in the broader markets had any of us thinking that the recession might be over. The gathering of minds included: Doug Casey, Managing Director David Galland, CEO Olivier Garret, Casey Chief Economist Bud Conrad, Senior Energy Analyst Marin Katusa (my counterpart on the energy side), myself heading the metals division, and several other editors.
Wednesday, December 16, 2009
Stock Market Santa Rally and Election Weapons of Mass Deception / News_Letter / Financial Markets 2009
By: NewsLetter
The Market Oracle NewsletterDecember 13th, 2009Â Issue #92 Vol. 3 Read full article... Read full article...
Monday, December 14, 2009
U.S. Dollar, Commodities and Emerging Market Trend Forecasts for 2010 / Stock-Markets / Financial Markets 2009
By: John_Mauldin
Today I am speaking at a local conference here in Dallas for my friends Charles and Louis Gave of GaveKal along with George Friedman of Stratfor, and get to finally meet Anatole Kaletsky. They graciously allowed me to send their latest Five Corners report as this week's Outside the Box. I find their research to be very thought-provoking as they are one of the main sources of optimism in my ususal readings (except for their very correct and profitable views on the European debt of the PIGS (Portugal, Italy, [Ireland?], Greece and Spain).
Monday, December 14, 2009
Trendy Markets / Stock-Markets / Financial Markets 2009
By: HRA_Advisory
The gold price has swept past the US $1200 mark - in both directions - so it’s time to check numbers against concepts and patterns. The yellow metal’s modern history began with Western economic expansion in the 19th century. That outstripped our ability to supply gold equivalent to economic activity, at fixed rates. With currencies delinking from gold by the early 1970s, miners couldn’t supply enough of it at the old fixed rates. Contrast that with copper which was in a supply glut at the time due to technological changes. Paper currencies were already a large multiple of gold horde values by this point.
Monday, December 14, 2009
Robert Prechter Getting Desperate for Deflation, Martin Armstrong’s Revenge Revisited / Stock-Markets / Financial Markets 2009
By: Captain_Hook
Robert Prechter was out again this week reminding us all why deflation remains an immanent danger, and to dawn our crash helmets looking for ‘big declines’ in everything from stocks to gold. Of course anybody taking his advice seriously over the past 20 years has for the most part been on the wrong side of the trade for extended periods of time because he basically does not take into account just how desperate and crazy countervailing forces (the bureaucracy) to the primary trends he sees are, which is the case at present.
Sunday, December 13, 2009
Stock Market Santa Rally and Election Weapons of Mass Deception / Stock-Markets / Financial Markets 2009
By: Nadeem_Walayat
Alistair Darling delivered his final pre-budget / pre-election report on Wednesday, which was pretty much inline with my earlier expectations namely to hit bankster's with a 50% tax, delayed tax rises and above all to continue spending like there is no tomorrow therefore fulfilling the Labour party strategy of delivering a scorched earth economy to the next Conservative Government. It only remains to be seen what more nightmare policies Labour has in store to completely wreck the British economy in its final few months of government as per my inflationary mega-trend's scenario (to be completed this month), I suspect inflation will make an appearance virtually within days of Labour being dumped at the polls.
Saturday, December 12, 2009
Where is the Stock Market Santa Rally? / Stock-Markets / Financial Markets 2009
By: Anthony_Cherniawski
Dems want to raise the debt ceiling now rather than face a backlash in 2010.
In a bold but risky year-end strategy, Democrats are preparing to raise the federal debt ceiling by as much as $1.8 trillion before New Year’s rather than have to face the issue again prior to the 2010 elections.
“We’ve incurred this debt. We have to pay our bills,” House Majority Leader Steny Hoyer told POLITICO Wednesday. And the Maryland Democrat confirmed that the anticipated increase could be as high as $1.8 trillion — nearly twice what had been assumed in last spring’s budget resolution for the 2010 fiscal year.
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Monday, December 07, 2009
U.S. Dollar Breakout Would Impact Hard on Stocks, Bonds, Gold and Commodities / Stock-Markets / Financial Markets 2009
By: Douglas_V._Gnazzo
First up is the daily $USD chart. The dollar’s relentless fall is clearly evident. Price has broken above its downward sloping trend line, and is presently attempting to clear horizontal resistance marked by the yellow band.
MACD has made a positive crossover and the histograms have moved into positive territory as well. RSI has turned up above 50 (55). The indicators look promising, but the dollar has a habit of disappointing.
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Monday, December 07, 2009
U.S. Dollar Jump and Gold Price Decline / Stock-Markets / Financial Markets 2009
By: Paul_J_Nolte
On the anniversary of the “date that will live in infamy”, many are looking around and wondering whether the US has past our best days and is now slowly sliding into a sunset. Buoyed by a much better than expected jobs report, investors initially cheered and then rethought their buying as the markets finished slightly higher on the day. The key to the day was the huge jump in the dollar/decline in gold. The big question is can the dollar find new strength or is it just a one-day wonder? The job report continued the slow improvement of the recent past, however the near zero loss was not corroborated by other economic reports over the past month.
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Monday, December 07, 2009
Is Friday's Financial Market Trading Signaling Reversal of Carry Trade? / Stock-Markets / Financial Markets 2009
By: Money_Morning
Jon D. Markman writes: Although it’s too early to know for sure, Friday’s action suggests we could be seeing the earliest stages of a carry trade reversal. Remember that hedge funds and other highly leveraged institutional investors have been borrowing here in the United States at ultra-low interest rates, selling the dollar short, and using the proceeds to snap up stocks, bonds, and gold.
Sunday, December 06, 2009
Dubai Derivatives Financial Nuclear Blast Shockwave to Hit / Commodities / Financial Markets 2009
By: Clive_Maund
We got the heavy reaction in gold that we had been expecting for some days on Friday. The problem is that we also got a big important breakout in the dollar, which we had acknowledged as a significant possibility for some time. This is not good news for commodities and not good news for the stockmarket either as it signifies the onset of a flight to cash such as we witnessed last year
Sunday, December 06, 2009
Financial Market Trends For Gold, 10 Year Treasury Yields, And Crude Oil / Stock-Markets / Financial Markets 2009
By: Guy_Lerner
On Friday, yields on the 10 year Treasury spiked higher by little over 3%. Our composite indicator that assesses the strength in the trends of gold, 10 year Treasury yields, and crude oil is back into the extreme zone. This represents a headwind for equities.
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Sunday, December 06, 2009
Gold Fever Boils Over and the Master Forecasters of 2009 / Stock-Markets / Financial Markets 2009
By: Nadeem_Walayat
The big news story of the week was the improving Jobs picture in the U.S. which saw the unemployment rate dip back to 10% from 10.2%, triggering a surge in the stock indices early Friday. Last weeks news of Dubai World's debt default hit Emirate stock markets hard this week with the UAE's main exchange in Abu Dhabi down more than 20%.