In This Issue..
* Currencies slip a bit overnight...
* U.S. Manufacturing is stronger?
* Aussie Trade Surplus narrows...
* Riksbank hikes rates 25 BPS...
The U.S. withdrawal date has come and gone. What will post-withdrawal Iraq look like? Can the Iraqi security forces fill the void? How will Iran exploit the diminished U.S. presence? To understand the answers to these questions you need a perspective the is to the point and contains no bias. In today's Outside the Box I'm including a insightful video from the analysts at STRATFOR, a global intelligence company.
* Risk is back ON!
* Aussie GDP prints strong!
* Home Prices rise in June...
* Canadian GDP weakens...
IN THIS ISSUE:
1. The Economic Slowdown Continues
2. Confidence & Employment Remain in Retreat
3. Bernanke Announces Fed's Latest Plan
4. Is Obama Planning a "September Surprise"?
* Spending outpaces Income...
* Risk assets get sold after Spending report...
* Aussie data is strong...
* Canada's Current Account Deficit Widens...
Those who know me well know that I am in incurable optimist. I think the world is going to be better in ten years than it is today. I thought that 20 years ago and 10 years ago and expect to think that 10 years from now. Part of that reasoning comes from the accelerating pace of change in the technology world. The next 10 years will see more change than the last 20-30 years combined!
And that means opportunity. Yes, with ups and downs and twists, but opportunity nonetheless.
* A flat trading day in currencies...
* Bullard says that Fed needs to be "disciplined."
* After 15 years, Japan is still "stimulating the economy"
* Treasury yields rise... Is it a sign?