• Steve H. Hanke
    05/04/2016 - 08:00
    Authored by Steve H. Hanke of The Johns Hopkins University. Follow him on Twitter @Steve_Hanke. A few weeks ago, the Monetary Authority of Singapore (MAS) sprang a surprise. It announced that a...

Daily US Opening News And Market Re-Cap: November 1

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Tue, 11/01/2011 - 07:36 | 1831120 Blank Reg
Blank Reg's picture

I'm just going to go fondle my silver again.

Tue, 11/01/2011 - 07:41 | 1831129 Bobbyrib
Bobbyrib's picture

This news is temporarily deflationary. Until we hear news of the Fed, the ECB, (*edit I forgot Japan), or China printing assets will decrease in value.

Tue, 11/01/2011 - 07:40 | 1831126 smlbizman
smlbizman's picture

hey this mike mayo guy on cnbc...is he legit?

Tue, 11/01/2011 - 07:41 | 1831130 Cassandra Syndrome
Cassandra Syndrome's picture

Remain Calm

Tue, 11/01/2011 - 07:47 | 1831144 GeneMarchbanks
GeneMarchbanks's picture

'whereas AUD came under further pressure after the RBA cut its benchmark interest rate overnight.'

That's your China landing gauge right there. Make sure your seats in upright and tab- AAAAAAAAAAAAAAA!

Tue, 11/01/2011 - 07:47 | 1831147 EL INDIO
EL INDIO's picture

Greeek 1 year bond yealds over 194% (http://www.bloomberg.com/quote/GGGB1YR:IND)

Up 22.5% today from 154

It's a new record high.

Tue, 11/01/2011 - 07:53 | 1831153 peekcrackers
peekcrackers's picture

This black Friday will be a great litmus paper for the U S consumer, if we can find a un-fudge report.

Tue, 11/01/2011 - 08:26 | 1831272 msmith
msmith's picture

The SPX is looking to make a large gap open lower.  Looking for a correction before the move continues though. The DX is clearly bullish and GC has returned to the bearish correction.  "Risk off" is here as expected.  http://bit.ly/vkwvub

Tue, 11/01/2011 - 09:41 | 1831843 Grand Supercycle
Grand Supercycle's picture

As mentioned for some time, the bullish USD weekly chart continues to exert it’s influence and according to my analysis this will continue.

DOW chart showing bearish megaphone pattern warned of resumption of downtrend:

http://stockmarket618.files.wordpress.com/2011/10/2011-10-31_dow_dy_x.png

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