|[上一篇] [下一篇] [发表评论] [写信问候] [收藏] [举报]
[deer2005 于 2014-10-17 17:08:05 提到] [FROM: 152.]|
[deer2005 于 2014-10-16 17:33:28 提到] [FROM: 152.]|
2014年10月16日 22:28 新浪财经
[deer2005 于 2014-10-16 17:31:36 提到] [FROM: 152.]|
2014年10月16日 20:46 新浪财经
[deer2005 于 2014-10-16 15:34:59 提到] [FROM: 152.]|
Fed official wants to keep up QE as inflation
(Reuters) - The Federal Reserve should keep buying
bonds for longer than planned in the face of
volatile markets and falling inflation
expectations, a top U.S. central banker said on
Thursday, even as another Fed policymaker warned
against an over-reaction.
James Bullard, president of the St. Louis Fed, is
the only official at the central bank to publicly
suggest putting on hold the Fed's widely
telegraphed plan to halt its asset-purchase program
later this month. Yields on U.S. bonds, which have
plunged the last few days, rebounded after his
"We can go on pause on the taper at this juncture
and wait until we see how the data shakes out into
December," Bullard said on Bloomberg Television.
"Inflation expectations are dropping in the U.S.
and that is something that a central bank cannot
"A reasonable response by the Fed in this situation
would be to invoke the clause ... that says the
taper was data dependent," he added.
Encouraged by strengthening U.S. growth and falling
unemployment, the Fed has incrementally tapered its
bond buying program from $85 billion originally to
$15 billion this month. It was set to shutter the
program at a policy meeting Oct. 28-29, a plan that
Fed Chair Janet Yellen may well stand by.
But stock market values and bond yields have
dropped sharply in recent weeks as investors
fretted over the health of the world economy, with
fears growing that Europe could tip into recession,
damaging the U.S. economy. The dollar has continued
its climb, causing measures of medium-term
inflation expectations to ease.
Bullard, who has long focused on inflation to
inform his policy beliefs, had until Thursday been
seen as a hawkish policymaker intent on closing the
book on accommodation and raising interest rates
starting early next year.
He said he was sticking with his forecast for a
rate hike in the first quarter of next year for
now, but wanted to see how the market turbulence
While Bullard, who does not have a vote on policy
this year or next, wants to keep buying $15-billion
in bonds for another couple of months, Philadelphia
Fed President Charles Plosser said the selloff was
not yet significant enough to hurt the U.S. economy
or to garner a response from the central bank.
The Fed should not overreact when the domestic
economy looks stable, Plosser told reporters in
"I don't think anything I've heard has suggested to
me it's of a significance ... to throw the U.S.
economy off the tracks," said Plosser, who has a
vote on Fed policy. "It could, but at this point
the numbers just aren't big enough to really get
Plosser acknowledged that a big selloff could harm
U.S. consumer demand, but added the strong job
market would offset that. The Fed "would address it
(depending on) how we thought it would affect
inflation and employment," he said.
On Wall Street, the price of the 30-year U.S. bond
dropped more than 1 point and stocks rebounded
after Bullard's comments.
Bets on the timing of a Fed interest rate rise have
fallen back to October or December of 2015, from
mid-2015 a few weeks ago, based on futures markets.
Fed Vice Chair Stanley Fischer and New York Fed
President William Dudley, among other core Fed
decision-makers, have in recent days suggested mid-
2015 was still reasonable timing for a tightening.
Speaking in Billings, Montana on Thursday,
Minneapolis Fed President Narayana Kocherlakota
repeated his view that a rate hike in 2015 would be
[deer2005 于 2014-10-16 13:00:24 提到] [FROM: 152.]|
Wall Street rebounds after jobless claims, Fed
NEW YORK (Reuters) - Stocks on Wall Street
rebounded from earlier lows on Thursday to trade
little changed as a flurry of economic reports
helped ease fears a weakening global economy would
begin to affect the United States.
Data on Thursday painted a more optimistic picture
of the U.S. economy, as initial jobless claims fell
to their lowest level in 14 years, after a
disappointing retail sales report in the prior
session added to investor jitters.
Adding to the positive tone, St. Louis Federal
Reserve Bank President James Bullard told Bloomberg
television the U.S. central bank may want to keep
up its bond buying stimulus for now given a drop in
"It’s not just what the Fed speakers are saying, it
is who is saying it. Looking at folks who had been
previously been portrayed or perceived as being
perhaps a little bit more hawkish, now having a
much more conciliatory tone is giving a little bit
of ease to investor concerns," said Eric Wiegand,
senior portfolio manager at the Private Client
Reserve of U.S. Bank in New York.
"Couple that with data that isn’t continuing to be
indicative of slowing in the U.S. - the good
jobless claims number, industrial production - what
a relief there."
The Dow Jones industrial average (.DJI) fell 12.05
points, or 0.07 percent, to 16,129.69, the S&P 500
(.SPX) gained 1.59 points, or 0.09 percent, to
1,864.08 and the Nasdaq Composite (.IXIC) dropped
2.44 points, or 0.06 percent, to 4,212.88.
Stocks have been under pressure recently on
concerns about weakening global demand and the
possible spread of Ebola. The S&P 500 and Nasdaq
briefly fell into negative territory for the year
in the prior session.
UnitedHealth (UNH.N), up 4.6 percent to $85.94, was
the biggest boost to the Dow and S&P 500, helping
lead equities off their session lows. The largest
U.S. managed care company's third-quarter earnings
Netflix shares (NFLX.O) plunged 21.3 percent to
$353 as the biggest drag on both the S&P 500 and
Nasdaq 100 (.NDX) after it reported quarterly
results and said it signed up fewer video-streaming
subscribers than forecast for the quarter.
The Dow Jones industrial average (.DJI) fell 128.47
points, or 0.8 percent, to 16,013.27, the S&P 500
(.SPX) lost 17.39 points, or 0.93 percent, to
1,845.1 and the Nasdaq Composite (.IXIC) dropped
45.57 points, or 1.08 percent, to 4,169.75.
The earnings of S&P 500 companies are expected to
grow 6.9 percent in the third quarter, according to
Thomson Reuters data through Thursday morning, on
revenue growth of 4.1 percent. Google (GOOGL.O) is
expected to report earnings after the closing bell.
The largest percentage gainer on the S&P 500 was
Chesapeake Energy (CHK.N), which rose 15.8 percent,
while the largest percentage decliner was Netflix.
The largest percentage gainer on the Nasdaq 100 was
Micron Tech (MU.O), which was rising 4.4 percent,
while the largest percentage decliner was Netflix.
Advancing issues were outnumbering declining ones
on the NYSE by 1,976 to 1,006, for a 1.96-to-1
ratio on the upside; on the Nasdaq, 1,689 issues
were rising and 903 falling for a 1.87-to-1 ratio
There were no new 52-week highs on the benchmark
S&P 500 index and 15 new lows; the Nasdaq Composite
was recording 9 new highs and 73 new lows.
[deer2005 于 2014-10-16 00:28:27 提到] [FROM: 75.]|
2014年10月16日 11:13 华尔街见闻
[deer2005 于 2014-10-15 12:56:33 提到] [FROM: 152.]|
[deer2005 于 2014-10-13 23:43:19 提到] [FROM: 75.]|
Dow correction has more room to move
The Dow Jones Industrial Average entered negative
territory for 2014 on Friday, while the S&P 500 and
NASDAQ posted their worst weeks since May 2012,
leading traders to warn of a deeper correction, but
charts suggest a potential buying opportunity.
How the Dow Jones industrial average did Thursday
Stock Market Rallies Back As Nasdaq, Dow Rise 1%
Investor's Business Daily
Chipmakers lead Wall St. selloff; S&P lowest since
US STOCKS-Wall St slumps as Apple drags; S&P breaks
support level Reuters
Wall Street tumbles on Ebola fears; small caps drop
The U.S. market has been running hot for months.
It's a well-established and long-term sustainable
trend propelled by 'funny money' available at
virtually no interest. Fundamentally, its suspect,
but technically this has been a trading opportunity
not to be missed.
I have been calling the DOW , S&P 500 and NASDAQ
higher for months in CNBC columns. I have also
warned that these markets will pull back and that a
10 percent correction is a buying opportunity.
If you understand where a 10 percent pullback is
located, you will have the opportunity to take
advantage of this temporary correction in the
trend. A fall below 10 percent is a signal of a
potential trend change.
A 10 percent correction in the DOW would bring the
market back to the center line of the long-term
uptrend. That's still bullish in anyone's language.
A 10 percent correction on the NASDAQ would bring
the market back to just above the support level and
still well within the long-term up-sloping trading
A 10 percent correction on the S&P is more serious.
This would drop the S&P below the support level
near 1850 and below the lower edge of the long-term
Guppy Multiple Moving Average (GMMA). This
development would signal a high potential for a
major trend change. The S&P is the canary in the
Fundamentally, the biggest threat to markets is
Ebola, not ISIS. Ebola has the capacity to rapidly
overwhelm health systems and paralyze work
You have a choice: Join the screaming chicken
littles or watch the charts and act accordingly. I
know what we will be doing.
[deer2005 于 2014-10-13 23:23:58 提到] [FROM: 75.]|
[deer2005 于 2014-10-13 16:27:41 提到] [FROM: 152.]|
[deer2005 于 2014-10-13 13:18:10 提到] [FROM: 152.]|
This is the most dangerous stock market since 2008
Volatility has returned to the market. To be
specific, the market has rallied, sold off,
rallied, and sold off, all in one week. This is
ideal for day traders but unnerving for individual
investors. It is also a big red warning sign.
To refresh your memory, last week every rally
failed, so the market ended the week on its lows.
Even the October 8th rally of 274 points reversed
direction the next day. It was a monster rally
based on the FOMC minutes, which revealed member’s
concern for global growth. Got that? The market
rallied on bad news. In the mixed-up world of Wall
Street, that meant interest rates would remain low.
Unfortunately for the bulls, the next day the
market fell by 334 points. That’s volatility!
In nontechnical terms, the October 8th manic rally
was a head fake. It might have cheered amateur
investors, but in reality, this has become one of
the most dangerous markets since 2008.
[deer2005 于 2014-10-13 01:19:16 提到] [FROM: 75.]|
2014年10月13日 09:45 新浪财经
路透纽约10月10日 - 美国股市波动性突然升高，而且疲软情
这波跌势尚未结束，”Raymond James Financial的首席投资策
-1.71, -5.09%)(INTC.O: 行情)。
Microchip Technology (MCHP.O: 行情)周四发布令人失
能。我们认为市况仍然良好，”Northern Trust Asset
[deer2005 于 2014-10-12 22:10:30 提到] [FROM: 75.]|
China's exports surge in September; Imports also
China's exports surged 15.3 percent in September
from the year-ago period, data showed on Monday,
beating the 11.8 percent gain expected in a Reuters
poll and after rising 9.4 percent in August.
Imports also unexpectedly rose 7 percent, versus
forecasts for a decline of 2.7 percent and
following a fall of 2.4 percent in August.
The country's trade surplus narrowed to $31 billion
from a record high of $49.8 billion in August.
[deer2005 于 2014-10-12 21:47:27 提到] [FROM: 75.]|
[deer2005 于 2014-10-12 20:28:20 提到] [FROM: 75.]|
[futures 于 2014-10-12 07:37:01 提到] [FROM: 24.]|
[deer2005 于 2014-10-11 23:45:20 提到] [FROM: 75.]|
[deer2005 于 2014-10-11 23:41:31 提到] [FROM: 75.]|
[deer2005 于 2014-10-11 23:36:42 提到] [FROM: 75.]|
World economies warn of global risks, call for bold
WASHINGTON (Reuters) - The International Monetary
Fund's member countries on Saturday said bold
action was needed to bolster the global economic
recovery and they urged governments not to squelch
growth by tightening budgets too drastically,
although Germany poured cold water on the idea of a
new global "crisis."
With Japan's economy floundering, the euro zone at
risk of recession and even China's expansion
slowing, the IMF's steering committee said focusing
on growth was the priority.
"A number of countries face the prospect of low or
slowing growth, with unemployment remaining
unacceptably high," the International Monetary and
Financial Committee said on behalf of the Fund's
188 member countries.
The Fund this week cut its 2014 global growth
forecast to 3.3 percent from 3.4 percent, the third
reduction this year as the prospects for a
sustainable recovery from the 2007-2009 global
financial crisis have ebbed, despite hefty
injections of cash by the world's central banks.
The IMF has flagged Europe as the top concern, a
sentiment echoed by many policymakers, economists
and investors gathered in Washington for the Fund's
European officials sought to dispel the gloom.
European Central Bank President Mario Draghi said
the drag from fiscal tightening in the euro zone
was set to fade, while German Finance Minister
Wolfgang Schaeuble downplayed the idea that the
region's largest economy was at risk of recession.
"There is no reason to talk about a crisis in the
global economy," Schaeuble said.
The IMF committee called for fiscal policy
flexibility, but efforts to provide more room for
France to meet its European Union deficit target
looked set to founder on Germany's insistence that
the agreement on fiscal rectitude was set in stone
and that the bloc would not be writing any new
STORM CLOUDS GATHER
The United States has been a relative bright spot
in the otherwise darkening global economic picture,
and investors have rushed into dollars as a result.
Still, while U.S. growth has picked up, soft
inflation and wage growth suggest the slowest-ever
postwar recovery is not delivering a sustained
boost to demand, and concerns are growing that the
global slowdown will undercut the U.S. economy as
Top officials from the U.S. Federal Reserve
highlighted growing risks, with the central bank's
No. 2 saying the global slowdown could delay plans
for a U.S. interest rate hike.
"In determining the pace at which our monetary
accommodation is removed, we will, as always, be
paying close attention to the path of the rest of
the global economy and its significant consequences
for U.S. economic prospects," he said at a
conference of the Institute for International
The IMF panel urged nations to carry out
politically tough reforms to labor markets and
social security to free up money to invest in
infrastructure to create jobs and lift growth.
"Our key concern is to look ahead so that we avert
.... the very real risk of a prolonged period of
subpar growth," said Singaporean Finance Minister
Tharman Shanmugaratnam, the panel's chairman.
The committee also called on central banks to be
careful when communicating changes in policy in
order to avoid financial market shocks. While not
naming any central banks, the warning appeared
aimed at the Fed, which is set to end its current
bond-buying program this month. Its next step,
expected in mid-2015, would be to raise rates.
The Fed has debated a change to its commitment to
holding rates near zero for a "considerable time"
at its recent policy meetings, but is stepping
gingerly to avoid roiling financial markets. It
does not want a repeat of the "taper tantrum" it
touched off last year when it signaled its easing
of monetary policy was drawing to a close.
[deer2005 于 2014-10-11 23:33:36 提到] [FROM: 75.]|
Fed officials say global slowdown could push back
U.S. rate hike
WASHINGTON (Reuters) - Federal Reserve officials on
Saturday took stock of a slowdown in the global
economy and said it could delay an increase in U.S.
interest rates if serious enough.
Most notably, Fed Vice Chairman Stanley Fischer
said the effort to finally normalize U.S. monetary
policy after years of extraordinary stimulus may be
hampered by the global outlook.
"If foreign growth is weaker than anticipated, the
consequences for the U.S. economy could lead the
Fed to remove accommodation more slowly than
otherwise," he said at an event sponsored by
International Monetary Fund.
Nevertheless, he said betting in financial markets
on the timing of a U.S. rate hike appeared
"roughly" on the mark given the Fed's current
expectations on how the economy's recovery would