A lovely new day to all! After yesterdays "mixed in higher trade" we now got index futures soaring and metals coming out the other end. News:
- Corporate news lifts stocks, tight money markets buoy euro European stocks rose on Tuesday, as optimism surrounding corporate earnings and merger moves eclipsed the crisis in Ukraine, while rising euro zone money market rates and strong German consumer confidence supported the euro.
- Debating "Sell in May" and Berkshire Hathaway With just a few days before the beginning of May, readers of the financial media are being treated to a slew of stories discussing the investment saw, "Sell in May and Go Away." These stories ... Barrons.com
- Toyota moving US base from California to Texas TORRANCE, Calif. (AP) Toyota delivered a surprise pink slip to California on Monday, announcing the company would move its U.S. headquarters and about 3,000 jobs from the Los Angeles suburbs to the outskirts of Dallas. Associated Press
- Bull market won't die until a recession hits: RBC One market strategists says the bull market in equities will keep on humming unless we hit a recession. MarketWatch
Good morning expat:
Any idea if Warren Buffett dumped a bunch of shares of BAC prior to their recent ‘miscalculation’? Not that he would act on inside information...