Chris Ciovacco: Monday night’s nationally-televised addresses by party leaders did little to clear the air in the debt-ceiling debate. Once some form of resolution is born (good, bad, or indifferent), the early reaction, especially in terms of market leadership, will be important. If commodities can Read more…
NYSE:DBC, TLT
Przemyslaw Radomski: Recently, there has been much distrust of the political process in the U.S. where politicians are Dancing on the (debt) Ceiling, as the Lionel Ritchie song goes. Negotiations to raise the U.S. borrowing limit have continued to show little signs of progress, even as ratings Read more…
IAU, NYSE:DZZ, NYSE:GDX, NYSE:GLD, NYSE:GLL
Russ Koesterich: Call #1: Underweight REITs Relative to the Financial Sector – This week, my call focuses on REITs. With yields low and likely to stay that way for the foreseeable future, everyone is searching for income wherever they can find it. One of the biggest beneficiaries of this “stretch-for Read more…
ICF, IYR
Tim Seymour: Is the Reserve Bank of India the only central bank in the world that is truly an inflation hawk? The recent interest rate move is pretty strong evidence. Read more…
INDY, INP, PIN
David Zeiler: If Washington lawmakers don’t beat the debt ceiling crisis deadline, we’ll see plummeting stocks, soaring interest rates, a slumping dollar and a severe shock to the weak economy. Read more…
IAU, NYSE:AGQ, NYSE:GLD, SLV, ZSL
Although the global economy remains shaky to say the least, commodity prices have been soaring as worries over the U.S. dollar continue to dominate the market. Oil prices have held up especially well considering the possibility of a reduction in demand in the foreseeable future and are currently Read more…
IEO
On June 23, 2011, PowerShares Actively Managed Exchange-Traded Fund Trust announced the scheduled liquidation of the two ETFs (each a “Fund” and collectively, the “Funds”) listed below. Read more…
PQY, PQZ
US equities closed down on Monday on mixed trade. All five major indices ended the day in the red. The small-cap Russell 2000 (NYSE:IWM) realized the biggest loss as it fell just over 1.1%. The S&P MidCap 400 shed 0.8% while the Dow Jones Industrial Average (NYSE:DIA) fell 0.7%. Read more…
NYSE:EWS, USO
US stock futures point to a higher open Tuesday despite the ongoing Washington Circus. Politicians care more about what they say on record vs. the good of the American people. The longer this goes, the less credibility we will salvage on the Read more…
NYSE:FXE, OIH, SPY
George Maniere: Yesterday was a very interesting day. All of the stars were aligned for a perfect storm as Asia had sold off 3%. Europe’s market was selling off on fears of a further spread of contagion due to what they perceived would be a bad day in America and the nagging feeling that Read more…
NYSE:GDX, NYSE:GLD
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