Archive - Nov 23, 2009

• Asian stocks, Aussie gain on economy outlook; gold hits record.
• British Prime Minister Gordon Brown calls for Chinese investment.
• Consumer Spending, Home Sales probably rose as US recovery takes root.
• Crude rises from 1-wk low on speculation demand will increase as global economy recovers.
• Electricity sales remained weak in Q3, raising speculation of sluggishness persisting even after the U.S. economy rebounds.
• Europe’s services and manufacturing industries accelerate at the fastest pace in two years in November.
• For the first time in 7 decades, Treasury bills are paying no interest while stocks rise.

An updated snapshot that highlights how the six primary US equity indices have performed relative to each other since their March lows via a percent change chart in addition to a weekly, daily and hourly technical outlook

The current debate in just about every financial and economic circle surrounds the fate of the dollar. Some argue that a weak dollar is great for US exports and thus investors should not worry about the recent decline. Others contend that a weak dollar will eventually be inflationary and drive up the price of necessities such as oil. Which side are you on?