Equities worldwide are up big. <\/p>\n
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The march up was led by Japan where a holiday on Wednesday meant that the equity markets <\/p>\n
had two days of gains to catch <\/p>\n
up to. Europe also shrug off bad news about high unemployment (Europe\u2019s Jobless Rate Jumps to the Highest Since 2005 (Update1) – Bloomberg.com<\/a>) and is higher, giving the US futures another leg up.<\/p>\n Today morning’s economic news barely budged the market. <\/p>\n Jobless claims fell though continuing <\/p>\n claims went up to a new record. <\/p>\n <\/p>\n <\/p>\n U.S. Initial Jobless Claims Fell to 631,000 Last Week (Update1) – Bloomberg.com<\/a>. Personal income and spending fell, Personal Income, Spending Fell in March – WSJ.com<\/a> confirming my suspicion that the rosy interpretation of the consumer spending component of yesterday’ s GDP report were <\/p>\n suspect. <\/p>\n There were no major surprises in the Earnings picture with a healthy distribution of beats, with a few minor misses; similarly guidance was nothing to talk about. <\/p>\n <\/p>\n Most of the better performance came from significant cost cutting, with P&G performing better by raising prices. <\/p>\n <\/p>\n However, wh at m <\/p>\n atters is price action and the end of month window dressing is bound to give <\/p>\n the markets a nice leg up today, at least near the opening. <\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" Equities worldwide are up big. cipro cialis comparison diflucan famciclovir viagra diflucan 100 mg buy generic antibiotics male erection enhancement oils The march up was led by Japan where a holiday on Wednesday meant that the equity markets antibiotics doxycycline … Continue reading