Archive for December 16th, 2013

Deeper Analysis

Nice Spate of U.S. Data this Month

December 16, 2013

Fed tapering doesn’t look so risky to investors in bonds and stocks if such is done in response to ample evidence of a recovery that can handle the shift, and that foundation of justification looks stronger at mid-December than in November.  The labor market has performed better.  Non-farm payroll jobs expanded at least 200K in […] More

New Overnight Developments Abroad - Daily Update

Tankan Survey and Flash Ezone PMI Results above Expectations

December 16, 2013

The dollar this Monday shows overnight declines of 0.4% against the Swiss franc, 0.3% versus the euro and 0.1% relative to the yen and sterling.  The greenback climbed 0.3% against the Australian dollar and 0.1% vis-a-vis the kiwi, and it is unchanged against the loonie and yuan. Share prices mostly fell in the Pacific Rim […] More