Gensler recusal faulted in CFTC watchdog’s MF Global report
Chairman Gary Gensler’s recusal from the investigation into MF Global was unnecessary, according to the agency’s internal watchdog.
Will the Eurozone derail the S&P 500 rally?
Price action in E-Mini S&P 500 futures this week was interesting to say the least. With uncertainty in Europe growing, could we see the market take a leg higher or is the long anticipated correction upon us?
Important breakout in the Dow-to-gold ratio and its implications for gold
In the Dow-to-gold ratio chart, we see an important breakout above the declining long-term resistance line. This has bearish implications for gold.
EU panel says transaction tax would raise government debt costs
Government bonds should be excluded from the European Union’s planned financial-transaction tax, a panel of European debt-management officials said.