Archive for June 2007

One Important Reason For Rising Interest Rates: Rising Rates Around The World

June 11, 2007  ·  Category: Interest Rates
A couple weeks ago David Gaffen at the WSJ's MarketBeat blog had a post everyone should read on five reasons for rising interest rates: (1) Higher Yields Around the Globe (2) Diminished Expectations for a ...
Posted by Greg Feirman  ·  No Comments »

Don’t Believe The Realtors: CA Housing Bust Just Getting Started

June 8, 2007  ·  Category: Real Estate
"No question that the bottom of the market hasn't hit yet." - Esmael Adibi, Economist, Chapman University in Orange County "I think we're going to be dealing with this all the way through 2008." - Jack Haynes, Executive ...
Posted by Greg Feirman  ·  No Comments »

With Treasuries Repriced For a Fed On Hold, The Bulls Are Back

June 8, 2007  ·  Category: Market Commentary, Interest Rates, Federal Reserve
"For equities, and for the bond market in general, this may come to be viewed as merely an adjustment - a restoration of the old relationship between Treasuries and the federal funds rate - and ...
Posted by Greg Feirman  ·  No Comments »

Interest Rates Explode Upward - Biggest One Day Spike Since March 9, 2005

June 7, 2007  ·  Category: Market Commentary, Interest Rates, Federal Reserve
"Sentiment [on treasuries] has probably gotten too bearish given the current set of news." - Tony Crescenzi (subscription required), Chief Fixed Income Strategist, Miller Tabak The sell-off the last three days has been entirely about interest rates.  ...
Posted by Greg Feirman  ·  No Comments »

The 5% Diet

"The whole story is interest rate worries." - Stephen Carl, head trader Williams Capital (subscription required) "A lot of people are trying to come to grips with the idea that the Fed is just as likely at ...
Posted by Greg Feirman  ·  No Comments »

Bed, Bath & Beyond Cuts First Quarter Outlook; Federal Trade Commission Seeks To Block Whole Foods/Wild Oats Market Merger

In other news from today, home furnishings retailer Bed, Bath & Beyond (BBBY), an $11 billion, S&P 500 company lowered its outlook for its 1st quarter ended Saturday June 2.  It expects to earn between ...
Posted by Greg Feirman  ·  No Comments »

Did Anybody Actually Read Bernanke’s Speech?

The big event for today turned out to be a speech given by Fed Chairman Ben Bernanke to the International Monetary Congress in Cape Town, South Africa via satellite before the market open this morning. This ...
Posted by Greg Feirman  ·  No Comments »

China Sell-Off IV Is A Yawn For US Markets

June 4, 2007  ·  Category: Market Commentary, China
On the heels of last Wednesday's 282 point, 6.5%, sell-off in China there was another selloff in China last night (Monday June 4).  The Shanghai Index was down 330 points, or 8.26% - comparable the ...
Posted by Greg Feirman  ·  No Comments »

Top Gun Added to The Kirk Report’s “Blogs I Read”

June 1, 2007  ·  Category: Top Gun Financial Planning
I was just checking my website traffic and was pleased to discover that Charles Kirk at The Kirk Report added Top Gun's blog to the "Blogs I Read" section to which members of his site ...
Posted by Greg Feirman  ·  1 Comment »

Market Holds Record Levels on Positive Economic Reports; Bullish Sentiment Returns; 10 Year Treasury Yields Approach 5%

June 1, 2007  ·  Category: Sentiment Analysis, Market Commentary, Interest Rates
Lot's of good economic news, or economic news that has been interpreted as good, the last couple of days. Yesterday (Thu) before the open, The Commerce Department reported that preliminary estimates for 1Q 2007 GDP had ...
Posted by Greg Feirman  ·  No Comments »