Global Markets Week in Review: Equities, Bonds, Currencies … – Seeking Alpha- News
Click here or on the thumbnail below for a (delightfully green) market map, obtained from Finviz , providing a quick overview of last week’s performances of global stock markets (as reflected by the movements of ADR stocks). General Motors Corp ( GM ) and Ford Motor ( F ) rose by 71% and 88% respectively on the expectation that auto makers will receive a government bailout. Readers often ask me about Richard Russell’s ( Dow Theory Letters ) latest views. Arguing against a more lasting reversal of fortune for commodities, the Baltic Dry Index – a benchmark for shipping major raw materials, including coal, iron ore and grain, and generally an excellent barometer of economic activity – declined by 14. MMM ) — The moment this stock starts yielding 5%, I’m a buyer. NOC ) — You can’t own the defense stocks right now. read more