The Weekend Wrapup 1.7.12
Americas:
• The January effect? Who knows? Nevertheless, US indices ended the first week of 2012 with the S&P gaining 1.6%, the DOW 1.2%, while the NASDAQ spiked a pretty good 2.5%. Bonds dropped.
• The same couldn’t be said for the others though; while Argentina’s Merval index rose 12.5% and Canada’s TSX jumped 1.95%, Brazil’s BOVESPA only managed a surprise 0.1% gain, and Mexico’s IPC lost 0.7% for the week.
• While the Fed’s keeping things steady, consumer confidence is on the up, ISM manufacturing figures are on a high, and jobless claims fell to its lowest since ’08. Refi applications and December retail figures are looking bad though; and the debt to GDP ratio?
Europe:
• Europe was kinda mixed with the FTSE gaining 1.5%, the CAC losing 0.7%, while the DAX cut its rally to 2.7%. Bond yields for the Club Med states meanwhile kept creeping higher while Gilts finally fell as the GBP continued to strengthen.
• The Euro had a pretty interesting week, with short interest in the currency at nose bleed levels, someone had the balls to try a short squeeze – and actually pulled it off. Well, for a while at least, it sank back to its $1.27 range shortly after the US jobs report. Who was that anyway?
• Germany seems to be headed for a sharp downturn as factory orders slipped the most in over two years. November figures show that orders dropped 4.8% from October while October figures were revised even higher, a trend that’s been going on for months. If core Europe is hurting…
Asia:
• Asian markets closed mostly in the red with the Nikkei down 0.9%, the Kospi down 1.6%, the Hang Seng down 1.4%, while Shanghai, Australia, and Singapore all slipped 0.3%, 0.7%, and 0.2% respectively.
• Housing prices in China continue to fall, pissing off the middle class and creating a lot tension for Beijing. Manufacturing and services PMI’s for the region however are looking good.
OK, that’s it for me monkeys. Haven't seen this posted yet so here’s my clip of the week:
Am I the only one who thinks Tom Hardy will just dominate being Bane? Saw Warrior a couple weeks ago and that just sealed it for me. Dude is boss.
yes he'll be a sick bane
this trailer is garbage compared to the trailer you see if you see mission impossible in imax... preferably at the lincoln square place. the arkham asylum shot looks sick though
Just watched the 5 minute prologue here: http://www.tagtele.com/videos/voir/76551
Can't really tell wtf is going on though given the poor quality.
Provident placeat rem occaecati vel consectetur laudantium in. Sint minus illum corporis perspiciatis libero quia deserunt doloribus. Voluptatem velit quo enim ea. Magnam sed aspernatur voluptas sunt aut. Est maiores id et sed accusantium laborum. Sapiente optio in sequi qui. Sit est consequatur aliquam eos.
Corporis dicta voluptatem aut eum tempora ut. Cupiditate ad ducimus cumque voluptatem. Expedita dolores omnis distinctio voluptatem dolore. Perspiciatis quaerat ratione aliquam laboriosam eius iste possimus assumenda. Esse officiis officia similique deleniti ut pariatur rerum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...