The only difference with this grouping of time windows is huge market turns usually do not start in November. But here’s what I’ve seen happen. Markets can top around this time, rebound at the Santa rally but then double top or make secondary highs right after Christmas
The Over-the-Counter (OTC) Derivatives Regulators Group (ODRG) issued a report today that provides an update to the G20 Leaders regarding the ODRG’s continuing effort to identify and resolve cross-border issues associated with the implementation of the G20 OTC derivatives reform agenda.
It’s been a slow start to the week with no major economic data released out of Europe or the U.S. today, and today’s lackluster trade has been exacerbated by the Columbus Day bank holiday in the U.S. and Canada.
"Where’s the beef?" After waiting anxiously all week for the all-important jobs data, the report left us with more questions than answers. We continue to suggest that the so called "jobless recovery" is a fallacy.