It’s interesting, all the deals today, Wal-Mart, Unilever, Southwest, have an international angle to them. This is because the US market is just stagnant, which tends to happen when you’ve got 15 million unemployed Americans and millions more underemployed, and millions more whose wages haven’t budged. But I digress. This weak demand is also affecting the energy market, which we discuss on the show as well.
Dow Jones Industrials, Economy, Markets, Oil, S&P 500 / Comments Off
Dow Jones Industrials, Earnings, Economy, europe, Markets, S&P 500 / Comments Off
Far as I’m concerned, traders are just whistling past the proverbial graveyard if they think this sovereign-debt thing has been solved just because S&P didn’t downgrade anybody for a day, but whatever. Let the kids have their fun.