U.S. existing home sales

Another Risk Off Market

August 20, 2015

Stocks are off in North America, Europe and Asia. ┬áThe Shanghai Composite slumped 3.4%, and markets in India, Korea, Hong Kong, Australia and Singapore all fell at least 1.0%, while the Japanese Nikkei lost 0.9%. ┬áThe German Dax is 2.2%, and the S&P shows a loss of 1.2% so far. Ten-year sovereign debt yields are […] More

Economic Data and Central Bank Plans Occupy Most Attention

August 21, 2014

The Jackson Hole Symposium for central banking begins today. July 30 FOMC minutes released yesterday expressed surprise over the speed of improvement in the U.S. labor market and noted that Fed exit strategy will be anchored around the fed funds target.  Chair Janet Yellen speaks Friday at the Symposium. ECB President Draghi also addresses the […] More

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