Financial Markets

Random musings on global financial markets, technology, physics and geopolitics

Financial Markets header image 4

Entries from April 2008

US Equity Markets

April 30th, 2008 · No Comments · Markets

At 2:15pm EST, the FOMC announced a 1/4 pt cut in both the Federal Funds rate and the discount rate. The S&P 500 Futures market response can be seen in the wide ranging bars after 13:15PM(CST). This is likely to be the last rate cut for the year. The rate cut was largely expected . […]

[Read more →]

Tags:

Robert Rubin and his non-job at Citigroup

April 29th, 2008 · No Comments · Markets

A puff peice in the International Herald Tribune on Robert Rubin and his failure at Citigroup. At Citigroup’s annual meeting last week, Joe Condon, a retired Citibank regional manager in New York, posed a similar question. “What kind of advice did he give to Prince?” asked Condon, who spent 38 years at the bank. “Citigroup bankers […]

[Read more →]

Tags: ·

US Equity Markets

April 29th, 2008 · No Comments · Markets

Another low volume, sideways day . .  waiting for the Federal Open Market Committee(FOMC) announcement tomorrow Wednesday, April 30. With inflation clearly picking up, the Fed has to decide whether any more rate cuts are required at this point in time. As Bill Gross(PIMCO) has said, “any further cuts will do more damage than good”. In […]

[Read more →]

Tags:

Solar research supported US Dept of Energy

April 29th, 2008 · No Comments · Energy

U.S. Department of Energy to Invest up to $13.7 Million for Breakthrough Solar Energy Projects 11 Projects selected from universities across the country WASHINGTON, DC – The U.S. Department of Energy (DOE) today announced that DOE will invest up to $13.7 million, over three years (Fiscal Years 2008 – 2010), for 11 university-led projects that […]

[Read more →]

Tags: ··

US Equity Markets

April 28th, 2008 · No Comments · Markets

The equity markets are consolidating, waiting for the big announcement from the FOMC on Wednesday and job situation on Thursday/Friday. This is reflected in the S&P500 Futures chart which opened and closed within a range that can be defined as “noise”. At this point in time, the real estate story is old; the earnings from […]

[Read more →]

Tags:

Building Nations . . .

April 28th, 2008 · No Comments · Geopolitics

Something I love to do . . learn/build/nurture . .  career, staff, business, family, plants, garden, pets, home, younger generation . . . . . here is a nice story from Iraq in the same vein : “There was so much stuff to learn about,” Lieutenant Bibler said. “Generator power, water treatment plant filtration. One of our […]

[Read more →]

Tags: ·····

Kindle . . . the revolution in “books” ?

April 28th, 2008 · No Comments · Technology

Jeff Bezos, founder, CEO of Amazon.com, has been a remarkable entrepreneur. His latest product introduction Kindle – sometimes called a “wireless reading device” is the first successful digital book.  In a letter to shareholders of Amazon.com, Bezos provides interesting insights on Kindle. Read the letter here.

[Read more →]

Tags: ···

Beyond Darfur . . a change in US strategy ?

April 28th, 2008 · No Comments · Geopolitics

In an article in Foreign Affairs, Andrew Natsios, special envoy to Sudan in 2006-7 and former Administrator of the US Agency for International  Development,  details the major combatants in the ongoing conflict in Sudan. Surprisingly, in a major change of his views, he now proposes the the USA and western allies “engage” with the Sudanese government.   He […]

[Read more →]

Tags: ·

SPDRS – trading the S&P500 with sector ETFs

April 26th, 2008 · No Comments · Markets

The S&P500 stocks are classified into 9 sectors as shown above. These 9 ETFs trade on the American Stock Exchange where more information is available. Volume of shares traded is a good indicator of which SPDRS are important for traders. From the above, it is clear that Financials and Energy are much more important than […]

[Read more →]

Tags:

US Equity Markets

April 25th, 2008 · No Comments · Markets

 

[Read more →]

Tags: