Early openers throwing a few bids into the ring: Kiwis +0.4%, Aussies +0.3%, Japan +0.1%, Sth Korea +0.2%.
Mostly up for Aussie sectors, Energy +0.9%, Miners +0.7% down to Consumer Staples +0.2%.
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World Stock Markets Trading Discussion - Fitful fidgeting
16 replies to this topic
Posted 22 December 2017 - 04:05 AM
All Ords drifted down off the high to finish +0.2%. Gold +0.7% headed the list followed by Miners +0.6%. REITS, Consumer Staples and IT, all -0.4%, were down the most.
On to UK/Europe:
Posted 22 December 2017 - 10:41 PM
THE BIG BOND FREE LUNCH
Who says there are no free lunches in financial markets
There are plenty of them!!!!! - Most provided by Governments
Take Freddie and Fannie paper
Pays almost 1% over treasuries
And all guaranteed (OK implied guarantee ) by the US government,
All so the us homeowner can get cheap 30 year funding.
Why own treasuries when you can own agency paper which is the same thing and pays a higher rate!!!!
Posted 25 December 2017 - 10:02 PM
Still on hols here (Boxing Day). May as well leave this thread going and start a new one tomorrow..
Posted 26 December 2017 - 09:50 AM
Happy Boxing Day! Which fighter is favored?
Today I begin my trek home to Philadelphia. Extremely emotional day for me.
I'll be doing the Mummers' Strut next Monday!
The video below is the unauthorized, unofficial march back to S. Philly down Two Street after the official parade has ended. This is where the real party is!
The world doesn't know what it's missing!
If your portfolio has you feeling irregular, for fast, long lasting relief, take a subscribatory. And support your local Stool!
Posted 26 December 2017 - 11:46 AM
Get ready because NEW HOME CONSTRUCTION IS BACK!!!!. This is going to be next weeks headline and let's face it, what the recovery from 09 has lacked is home construction. The eternal second engine of the US economy, along with autos.
It's been a one legged recovery. End of story.
Now an actual boom is probably not likely but to the extent new construction can climb back to and stay at levels of say, the 1970's then, well you know the story. Credit growth, lot's of stuff getting bought, and CONFIDENCE. What's not to like.
War is the last great hope of the incompetent to order the unwilling to attempt the impossible.
could burn down
We jammin still
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