Jim Comiskey, a senior market strategist at Lind-Waldock, discusses the gold and silver market’s reaction to debt problems in Europe and the recent decision by the CME Group to raise margins on silver.
Pending Home Sales Unexpectedly Fall – Bloomberg Copper Extends Declines – Bloomberg Jobless Claims Fall to 469,000 – Business Week Retail Fared Better in February – Wall Street Journal M&A Activity Highest Since 2008 – CNBC Greece Starts 10-Yr Bond Sale – Bloomberg Greece’s Epic Battle Against Debt – CNBC Market Bubbles Might Not Be [...]
Lind Plus Senior Market Strategist Jeff Friedman discusses the impact of Dubai’s debt crisis on various markets. This video is part of “Lind Market Recap.”
News of a debt crisis in Dubai shook stocks on what would otherwise be a quiet post-holiday trading session. The Dow Jones Industrial Average fell 154.48 points (1.48%) as Dubai announced on Wednesday that it would ask creditors of the state-owned Dubai World and Nakheel to defer debt payments. The news surprised investors and led [...]
Dubai Fallout Hurts Stocks – Wall Street Journal Stocks & Commodities Slide as Bonds & Dollar Gain on Dubai Debt Crisis – Bloomberg Copper Falls Most in Five Months on Dubai Concerns – Bloomberg Cotton Tumbles Most in Five Weeks – Bloomberg Crude Oil Hits 7-week Low – MarketWatch Gold Drops First Day in 10 [...]
