CautiousInvestor Meanwhile Spanish ten year bonds are relatively stable at 5.5%.
Jan 10, 12:38 PM
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CautiousInvestor Italian ten year yields are right around 7.12%, slightly below overnight highs of 7.16%. Anything above 7% is unsustainable.
Jan 10, 12:35 PM
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Ocean Man: Right, because it was temporary - went back under 7. But Friday's auction could make it permanent.
Jan 10, 6:11 PM
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humahuaca: I just don't think it's that critical OM. But I'm still bearish overall. Greece is going to hard default imo
Jan 11, 3:03 PM
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CautiousInvestor The NYT reported the resignation of Daley as a rare even in an otherwise stable environment overseen by lifetime allies of Obama. Lol.
Jan 10, 12:22 PM
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1980XLS-2.0: Nobody likes Obama, even his friends, LOL
Jan 10, 12:25 PM
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Windsun33: I guess the NYT has redefined the meaning of rare
Jan 10, 12:41 PM
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CautiousInvestor UBS reiterated their forecast that the S&Pdecline to between 944 and 1,000. Meanwhile, Hamzei Analytics is looking at 980 in the near term.
7/28/10
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CautiousInvestor Boy, this one stubborn market. The regional Fed indices are dropping as fast as consumer confidence but the market is edging higher
7/27/10
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CautiousInvestor This market is trading with a hair trigger with a number of trading signals in conflict
6/28/10
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CautiousInvestor Depending who knew what and when, Geither could face criminal charges.
CautiousInvestor