LiveWire Economics Blog
LiveWire Economics Blog - January 9, 2008 20:40
A question that vexes nearly all traders is what defines a bull or bear market? You can choose from a myriad of methods and analysis, both technical and fundamental. There are the old favourites, P/E ratios vs Bonds, Elliott Wave theory, Dow Theory, Cycles, Trends,Â 50 and 200 daily moving average crosses, the list grows […]
Tuesday started promising on Wall Street, as the National Association of Realtors (NAR) announced a potential for an upswing in the US housing market, possibly in late 2008.Â They expressed the possibility of market stabilization.Â However, they also said pending home sales dropped 2.6% in November.
During the mid- to late 1960s, the Lyndon B Johnson Administration tried to deal with the mounting inflationary pressures by direct government influence. Wage-price guideposts were set up, and the power of the presidency was used to coerce big businesses and labor into going along with these guideposts.
Oil prices did not take too long to ring in the New Year with a new record just above $100 per barrel today, before falling back just below the century mark.Â As oil prices soar and Wall Street remains uncertain about its next move, the dollar has slipped back against European, Asian, and other world […]
Having traded through 2007 in very volatile conditions most market participants have taken on board the need to ensure that risk management is at the forefront of their plan. Even with risk management it has been a very frustrating experience for many attempting to trade over the longer term.
WHO CAN REALLY SAY what 2008 will bring? A post-Olympics slump in China, perhaps, tipping its near-10% annual rate of expansion into an historic depression…The first annual fall since 1995 might also hit UK real estate too, unwinding a chunk of the near-quadrupling of London house prices…
The National Association of Realtors (NAR) announced today that November existing home sales were up .4%, the first such increase in nine months.Â This is the second positive report from Novemberâ€™s housing market as last week it was reported that foreclosures fell 10% during the month.
Oil and gold prices both hover just below all time highs as of this morning (December 27), following the assassination of Pakistani opposition leader Benazir Bhutto.Â As with any political assassination, unrest tends to have an impact on world pricing depending on the location and nature of the tragic event.