Monthly Archives: July 2011

In the merry old land of Oz

Posted on July 21, 2011 by Danielle Park

Risk appetite is back “roarin’ for a priest” today on fresh hopes of European miracles.  Here’s the Wall Street Journal: “European stocks soared and the euro advanced strongly as European leaders edged closer to a fresh financing package for Greece … Continue reading →

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Market leaders continue to falter

Posted on July 20, 2011 by Danielle Park

The following chart shows a disturbing weakness in the 2 sectors which are supposed to be leading the stock market higher: Financials (blue line) and Semi-conductors (green) as compared with the S&P 500 (black). Weakness in these two sectors was … Continue reading →

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John Taylor on the fate of the Euro and 2012’s “worse recession than 2008”

Posted on July 20, 2011 by Danielle Park

John Taylor, chairman and founder of FX Concepts LLC, discusses the outlook for the euro, gold and the prospects for a recession in the U.S. next year. Watch the Bloomberg clip here.

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