Lower
- Posted by UpsideTrader
- on November 3rd, 2009
Futures are getting hammered and Asia and Europe are lower as world markets are nervous about the strength of the financials. Ya think?
Bernanke speaks tomorrow and investors are pulling in their horns in front of the speech. Unemployment is released on Friday and the risk trade is in doubt. Investors have had a great year and seem to be monetizing profits. Hedge funds have a tendency to shoot first and ask questions later when things get iffy.
Will Bernanke wax dovish or hawkish on the dollar and interest rates tomorrow? Big question and tomorrow could be a big market mover, either way.
Around the Horn:
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
blog comments powered by Disqus-
Joe was on Wall St, for twenty five years and his career took him to the retail, institutional and capital markets... More »
-

-
-
-
Archives
-