Global Macro Perspectives
Full report. No recovery here. Credit continues to contract; both demand is weaker and lending standards are tightened. Summary: In the October survey, domestic banks indicated that they continued to tighten standards and terms over the past three months on all major types of loans to businesses and households. However, the net percentages of banks […]
We move fast up and down. Will watch carefully, maybe a long volatility opportunity. Chart 1. VIX
Well, new week, same stories. Asia ended higher, Europe is trading higher on no news (media in claiming on G-20 stimulus). Looks we have relief rally, we survived last week filled with economic data and events and now on no major economic announcement or earnings (except WMT) this week we move up. Skeptical, as I […]
Important U.S. earnings this week:
* Monday: Tesoro Corporation (TSO), Dril-Quip (DRQ), Rockwell Automation (ROK), Sempra Energy (SRE), Electronic Arts (ERTS), Priceline.com (PCLN), Hologic (HOLX), Quicksilver Resources (KWK), Windstream (WIN), Nationwide Health (NHP), Fluor (FLR), NBTY (NTY), Hospitality Property (HPT)