Despite Friday’s non farm payroll-inspired losses, U.S. stocks are still looking strong from both the fundamental and technical points of view. The latest U.S. jobs report has shown that the labor market is continuing to improve at a solid pace, which bodes well for the economy as a whole.
One of the main problems with the current equity market structure that pushed Brad Katsuyama, global head of electronic sales and trading at RBC Capital Markets, to apply for a new exchange, ironically enough, is that there are too many trading venues.
It was a busy week for central banks around the world, with monetary policy meetings in the United States, New Zealand and Japan. This made for a very interesting end to the week for the forex markets as investors digested the deluge of information coming from policymakers.
As crude oil prices tried to bounce back from a five-year low, oil companies and OPEC try to adjust to low oil prices. BP earnings kicked off the big oil earnings season and they could have been worse.
Double tops either happen or they don’t. What our explosion area means is this is the last important time bulls tried to buy the dip as they have successfully done for the better part of the past three years, they got ambushed.
In the second half of our interview with Nouriel Roubini,FINalternatives editor-in-chief Deirdre Brennan speaks with the renowned economist about IMF policies, the risk posed by shadow banking systems, and the possibility of a hard landing in China.