EEM Trade – Bull Call

EEM Trade – Bull Call spread. All emerging markets have been taking a beating because of the turmoil in Japan. While this situation is not resolved yet, some forceful action by the Japanese finance ministry is imminent.

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Housing Starts hits it out of the park – up 15%

The Global Economy

News out this morning – Housing Starts up 15%. What a whopper of a number…Unbelievable.. In our previous post, we hinted at the election season having some impact on the numbers coming out about the state of the economy. Again, we have no proof of any fudge, but you just have to wonder about some of…

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Bernanke announces Unlimited QE – will it work

The Global Economy

The Fed Chairman Ben Bernanke was decisive on various fronts this Thursday. Ever since Quantitative Easing (QE) was established as a way to juice up markets in 2009, markets have been waiting for the next round of QE to arrive. There was QE1 in March 2009, QE2 came in August of 2010, then we had QE2.5 in Operation Twist, and then the ECB in Europe copied the Bernank’s playbook in Dec 2011 with its own version.

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