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INSIDE THIS ISSUE:
If “as January goes, so goes the year ...” adage holds, equities are due for a rough ride in 2010. The adage makes reference to the “January Barometer”, which many consider either a market myth or a valid predictor. The prevailing theory is that the future course of financial markets, from February through December, is foretold by January’s performance, because people tend to make important decisions at the beginning of a new year in a world where they think the economy functions based on a cale ... Read more
I am convinced that Brussels (EU) and Frankfurt (ECB) will do whatever it takes to prevent a full blown Euro crisis. Their measures could even stop or slow down the crisis. Hence, the European institutions will most probably survive this crisis, but there is no assurance at all that they will work very effectively. An important risk lies in the political tendency of Europe to shy away from multinational solutions to a greater nationalism, mostly driven by divergent and d ... Read more
Tables:
- MARKETS AT A GLANCE - Close as of January 29, 2010
- U.S. FIXED-INCOME MARKET AT A GLANCE - Close as of January 29, 2010
- COMMODITIES AT A GLANCE - Close as of January 29, 2010
- PULSE OF THE U.S. ECONOMY - As a Guidance for Other Geographies
- CURRENCIES AT A GLANCE - Close as of January 29, 2010
- MONETARY POLICY-MAKING AROUND THE WORLD - The Leading Seven ...
- ... and the BRICs ...
Charts:
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