Good day. My beloved Cardinals are having a rough go of it lately. The injuries are piling up, and some sloppy play, which drives me crazy, has contributed. They finally got back to Busch Stadium last night, after an awful road trip, and found a way to win. So get that ship back on the right course!
[Read more...]China Stops Buying Eurozone Debt
Good day. Here’s your second reminder — this coming Sunday is Mother’s Day. Don’t you dare forget! The Cardinals will be in town this weekend, making the Sunday game a Mother’s Day game. When I was a young man and played baseball, we always began our season on Mother’s Day. These days, the baseball season for youngsters has been going on for over a month!
[Read more...]China Stops Buying Eurozone Debt
Good day. Here’s your second reminder — this coming Sunday is Mother’s Day. Don’t you dare forget! The Cardinals will be in town this weekend, making the Sunday game a Mother’s Day game. When I was a young man and played baseball, we always began our season on Mother’s Day. These days, the baseball season for youngsters has been going on for over a month!
[Read more...]Debt Sinks Currency Rally
The currency rally was stopped in its tracks last night. After watching the euro (EUR) rally to 1.3175 yesterday, I was prepared to come in and tell you all about how the Spanish debt auction results had given the euro the wind in its sails it needed. And that was the case, that is until the overnight markets pushed the single unit back down below 1.31. And when that happens, the rest of the currencies search for a bid — but find just a few crumbs of bids out there.
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Talk of a Greek Exit Gets Louder
The dollar is moving onward and upward this morning, as the two-day calm in the currencies was lifted overnight, and the dollar is swinging its mighty hammer once again. The euro (EUR) has slipped to its lowest level since August 2010, and we all know that when the euro is taking its turn on the slippery slope, the rest of the currencies are following, and that’s true this morning.
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