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Archive for May, 2011

US Economy Falters But Wall Street In The Money

Posted by admin On May - 31 - 2011

By Barbara Zigah (eToro Blog) With the Memorial Day weekend which heralds the arrival of summer now a mere memory, market players will refocus their attention on the U.S. economy.  Earlier, the results of the Conference Board’s consumer confidence survey were released as well as the Chicago Purchasing Manager’s Index.  Analysts believe that those results [...]

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Confidence In Euro Strength Is Rising

Posted by admin On May - 31 - 2011

By Barbara Zigah (eToro Blog) For the time being, investor concerns over Eurozone debt appears to have been put on the back burner as a new deal for Greek aid is being seriously considered.  The European markets are reacting to several pieces of Eurocentric data which were released earlier today, all of which sets the [...]

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Less Nuclear Energy Is Oil Bullish

Posted by admin On May - 30 - 2011

By Barbara Zigah (eToro Blog)  In the wake of Japan’s near nuclear meltdown following the March earthquake and tsunami which hit the regions, the German government has decided that the closures of seven of the country’s oldest nuclear reactors will be permanent, and they intend to eventually close all of Germany’s power plants.  In Switzerland, [...]

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The Greek Tragedy Reaches A Dead End

Posted by admin On May - 30 - 2011

By Barbara Zigah (eToro Blog) In spite of the Greek government’s recent assertion that they could avoid debt restructuring through strict adherence of austerity measures, European leaders have, nonetheless, been working to negotiate a deal to aid the fiscally-troubled Eurozone nation.  In exchange for a new bail-out package, the deal incorporates tax collection and the [...]

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Weekly Review: The Good,The Bad and The Ugly

Posted by admin On May - 30 - 2011

(eToro Blog) There have been several revelations over the past few weeks that may bode ill for the Eurozone and the United States.  First, it was learned that Spain’s public debt has been significantly under-reported, suggesting that their fiscal problems are far worse than earlier realized.  In spite of the government’s insistence otherwise, the possibility [...]

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Social Media IPOs Drive NASDAQ Higher, Will It Last?

Posted by admin On May - 29 - 2011

By David Becker (eToro Blog) The technology sector is beginning to percolate and with the recent IPO’s of social network companies, a bubble like the technology bubble seen during the late 90′s might just be in the early innings.  Nothing illustrates this point more than the recent IPO success of the U.S. based social networking [...]

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U.S. Consumers Crushed By Inflation, Double Dip Insight

Posted by admin On May - 27 - 2011

By Barbara Zigah (eToro Blog) Any hope for a steady recovery of the U.S. economy is heavily dependent upon U.S. consumers to support future growth, given that consumer expenditures account for more than 60% of GDP.  A recent data release by the Department of Commerce’s Bureau of Economic Analysis shows that personal consumer expenditures, or [...]

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Gold Is Set To Shine Once Again

Posted by admin On May - 27 - 2011

By David Becker (eToro Blog ) Gold prices fell yesterday, as riskier assets seemed to receive some respite, in spite of continued anxiety about European sovereign debt.  The safe haven status of bullion continues to allow gold prices to be supported by investors.  As one of those gold investors, China’s vast resources and unrelenting growth is [...]

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Higher Housing Prices Supports Pound Lifts FTSE

Posted by admin On May - 27 - 2011

By Barbara Zigah (eToro Blog) The London markets and the Pound Sterling got a bit of a lift this morning following the release of U.K. housing prices which portends some recovery in the all important housing sector.  According to the Nationwide Building Society, housing prices rose by 0.3% in May, higher than the 0.1% improvement [...]

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Wall Street Edged Higher Despite Weak Growth

Posted by admin On May - 27 - 2011

By David Becker (eToro Blog) US equities erased morning losses that followed a batch of weaker-than-expected US economic data.  As yesterday progressed, the markets moved higher but settled off the highs for the trading session.  The Nasdaq was boosts by gains in Microsoft’s following  hedge-fund manager David Einhorn’s comments Wednesday that he is bullish on [...]

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