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The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex

N.B.
* The content in my articles is time-sensitive. Each one shows the date and time (New York ET) that I publish them. By the time you read them, market conditions may be quite different than that which is described in my posts, and upon which my analyses are based at that time.
* My posts are also re-published by several other websites and I have no control as to when their editors do so, or for the accuracy in their editing and reproduction of my content.
* In answer to this often-asked question, please be advised that I do not post articles from other writers on my site.
* From time to time, I will add updated market information and charts to some of my articles, so it's worth checking back here occasionally for the latest analyses.

DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...please read my full Disclaimer at this link.

Dots

* If the dots don't connect, gather more dots until they do...or, just follow the $$$...

Paris

Paris

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Thursday, May 16, 2013

More Weak Economic Data...My 2-Cent Opinion

More weak economic data was released today (Thursday), as shown on the graphs below.

Isn't this just another signal (in addition to previous weak data) that the Fed's monetary/economic stimulus policies of low interest rates and bond-buying program is not having the effect that it desired? The only effect seems to be a higher stock market, which is in the green, once again (and at/near all-time highs), as I write this at 11:30 am.

I wonder if economics will ever play a role in the stock markets again...as long as the markets have the Fed's tacit approval to carry on, I don't think so...therefore, data releases are irrelevant.