Les and Simon are a couple of “Stock Capitalists” that scour thru literally hundreds of stock market related sites, newsletters, e-mails, blogs, etc… and “siphon” out great ideas, quotes, recommendations, and stock market related information. They have been trading the stock market for more than 20 years and offer some of their insight and best articles of interest.
We will touch on a lot of bases in this holiday issue of my weekly E-Letter. We start by looking at the latest economic data, and how hard it is to get a new job if you become unemployed. We also examine President Obama’s new “jobs program” that would spend what’s left of last year’s [...]
Important excerpt:
“Central banks may find themselves hiking into a weak recovery to quell asset prices, or they might compensate for the weakness in the interest rate and credit channels and allow asset prices to rise but risk inflating another bubble. Central banks could gain some much-needed flexibility by thinking outside the IT box – but [...]
China’s central bank cut interest rates for the fifth time in three months to try and support growth. Chinese leaders have stated they want to keep growth in the world’s fourth biggest economy from dropping below 8%. …
Despite the relief rally this week, most developed- market stock indices are still down 30-40% since the start of year. This could shave around one percentage point off GDP growth in the US, and around half a point in Europe. ..
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