Global Macro Perspectives
Looks like Nakheel PJSC bonds will be paid off in full. Bloomberg link: Abu Dhabi Bails Out Dubai World With $10 Billion.The move has prevented Asian stock exchanges from going into negative territory; Europe is trading up around 1% in average. Short follow up on last weeks U.S. economic data: Jobless claims ticked up reaching […]
Important U.S. earnings this week: Tuesday: Best Buy Co. (BBY), Adobe Systems (ADBE), Wednesday: Apogee Enterprises (APOG), Nordson (NDSN), Joy Global (JOYG) Thursday: Actuant Corporation (ATU), Darden Restaurants (DRI), FedEx Corporation (FDX), General Mills (GIS), Nike (NKE), Research In Motion (RIMM), Rite Aid (RAD), Winnebago Industries (WGO) Friday: CarMax (KMX) Important U.S. economic data: Tuesday: […]