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Housing Market Update Grim News Bolsters Sheila Bair's Plan to Stem the Crisis

2008-11-19 00:04:40| FXstreet.com The Foreign Exchange Market

Housing Market Update Grim News Bolsters Sheila Bairs Plan to Stem the Crisis The grim housing market news continues to support opinions that the mortgage problem is the key to a resolution of the current financial market crisis. The crux of the issue is that falling home prices, foreclosures, and rising inventories need to be replaced by more stable conditions for the economy to turnaround. The National Association of Home Builders reported in the November survey that the Housing Market

Tags news plan market update

 
U.S. Forex Market Commentary

2008-11-17 23:10:50| FXstreet.com The Foreign Exchange Market

EURO The euro moved lower vis--vis the U.S. dollar today as the single currency tested bids around the US$ 1.2510 level and was capped around the $1.2595 level.  The National Association of Business Economists released a survey that concludes the U.S. economy will shrink 2.6% in Q4 and another 1.3% in Q1, exacerbating the current economic recession in the U.S.  Group of Twenty officials convened in Washington, D.C. this weekend and issued a communiqué that read Against this

Tags market commentary forex forex market

 
 
U.S. Forex Market Commentary

2008-11-17 23:10:50| FXstreet.com The Foreign Exchange Market

EURO The euro moved lower vis--vis the U.S. dollar today as the single currency tested bids around the US$ 1.2510 level and was capped around the $1.2595 level.  The National Association of Business Economists released a survey that concludes the U.S. economy will shrink 2.6% in Q4 and another 1.3% in Q1, exacerbating the current economic recession in the U.S.  Group of Twenty officials convened in Washington, D.C. this weekend and issued a communiqué that read Against this

Tags market commentary forex forex market

 
Despite underperforming the broad market, call volume heats up on Patriot Coal Corporation (PCX)

2008-11-17 18:45:00| SchaeffersResearch.com Market Observations

As reported in this morning's Opening View, optimistic options traders opened fire on Patriot Coal Corporation (PCX: sentiment, chart, options) late last week...(Read More)

Tags call market volume corporation

 
Some Straight Talk On the Stock Market

2008-11-17 15:33:15| Safehaven

Never forget that it is the central planning of the Federal Reserve under Alan Greenspan that has brought us this current crisis. We are living with the unintended consequences of a Fed that for twenty years has worked on behalf of ...

Tags market stock talk straight

 

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