Nick Parsons
Nick Parsons
durable few markets mood negative next stock sustained
A gloomier mood in stock markets could be a more durable negative if sustained over the next few weeks.
atrocities fate madrid responsibility
The responsibility for yesterday's atrocities in Madrid is determining the very-near fate of the dollar.
account alan among associated attention current data deficit dollar factors feeling focused given greenspan imposition market mention optimism problems recent retail sales several steel strong weak
There are several factors weighing on the dollar, among them the weak retail sales data and the feeling that Alan Greenspan was backtracking from his recent optimism on the U.S. economy. Greenspan's mention of the U.S. current account deficit has focused market attention on the problems associated with a strong dollar policy, particularly given the recent imposition of tariffs on U.S. steel imports.