House vote

House Vote, Some PMI Results, and Divergent Interest Rate Moves

March 24, 2017

It’s deja vu this Friday. The repeal and replace vote in the U.S. House of Representatives to replace the ACA with the Republican Insurance Policy, which was scheduled for Thursday, is to happen instead today. President Trump wants no more negotiations on this. The result looms as a huge test of the new president’s ability […] More

Stocks Down Sharply in Asia and Europe

July 28, 2011

Persistent debt concerns in the U.S. and Europe continue to depress the euro and share prices.  Peripheral bond yield spread widened. Equities fell by 1.5% in Japan and Pakistan, 1.6% in Australia, 1.2% in India, 0.9% in South Korea, 0.7% in Indonesia and 0.6% in Taiwan and China. The German Dax and Paris Cac are […] More