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  - Fed may pause, China not waiting
at 2006-05-02 21:44:03
The focus of attention for markets yesterday was Federal Reserve Chairman Ben Bernanke's testimony to Congress. From Reuters:

Federal Reserve Chairman Ben Bernanke on Thursday said for the first time the central bank could a


Source - http://skepticalspeculator.blogspot.com/2006/04/fed-may-pause-china-not-waiting....

  - More positive news from the US and Europe
at 2006-05-02 21:44:03
Yesterday's news shows that there is still strength in the US economy. Reuters covers the reports on durable goods orders:

Durable goods orders rose 6.1 percent, the largest rise since May 2005, the Commerce Department said. Economis


Source - http://skepticalspeculator.blogspot.com/2006/04/more-positive-news-from-us-and-e...

  - Positive economic news from the US, Germany and UK, BoC raises rates
at 2006-05-02 21:44:03
US economic news yesterday was, on the whole, positive. From Reuters:

The Conference Board said its index of consumer sentiment rose to 109.6 in April, the highest since May 2002, from an upwardly revised 107.5 reading in March...

Source - http://skepticalspeculator.blogspot.com/2006/04/positive-economic-news-from-us-g...

  - Strong economic data from Europe and Asia, but Asian stocks plunge
at 2006-05-02 21:44:03
The news from Europe yesterday was mostly good. From Bloomberg:

An index measuring sentiment among French manufacturers increased to 108 in April, the highest since March 2001, Paris- based statistics office Insee said today. German industrial production rose 1 percent in February aft


Source - http://skepticalspeculator.blogspot.com/2006/04/strong-economic-data-from-europe...

  - Fed rate hikes: The end is near . . . maybe
at 2006-05-02 21:44:03
The widely-accepted view in market circles is that stocks perform poorly in an environment of rising interest rates. So it comes as no surprise that recent indications that the Federal Reserve may be nearing an end to its rate-hiking campaign has provided a boost to US as well as global stock markets.

According to the minutes of a Federal Reserve


Source - http://skepticalspeculator.blogspot.com/2006/04/fed-rate-hikes-end-is-near-maybe...

   
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