Good morning again! Yesterday's percent± gains with stock indexes have turned out to be in lite trade --meaning don't expect it to last. Then again, todays index futures are still upbeat (+0.35%) as are those for metals (+0.36%) after yesterdays touch of profit taking for PM's. No econ reports today but lotsa news:
- Upbeat earnings lift stocks, Greek anxiety hits euro Reuters - 8 hours ago LONDON (Reuters) - World stocks climbed back toward all-time highs on Tuesday as upbeat European earnings reports and expectations of a sixth straight rise in German business confidence helped offset worries about a possible Greek default.
- MarketsFunding fears hit Greek bank
- Asian stocks join China stimulus-led global rally CNBC - 5:50am Asian stocks jumped on Tuesday, drawing support from the global rally in the U.S. and Europe induced by China's move over the weekend to stimulate its cooling economy.
- House approves new oil tax formula; debate centered on storm-term stability vs ... Dickinson Press - 10 hours ago House approves new oil tax formula; debate centered on storm-term stability vs. long-term loss. By Amy Dalrymple Today at 9:22 p.m.. Email · News Alerts. news Dickinson, 58602. Dickinson North Dakota 1815 1st Street West 58602. Updated Monday, 8:40 .
- Time to get out of US stocks: Mobius Investors should rotate out of the U.S. markets into better-performing emerging markets, says veteran investor Mark Mobius, warning that corporate earnings in the world's number one economy are poised to disappoint.
- Gold holds below $1,200 due to firmer dollar, equities
- It's Time to Stop Reducing Taxes On the Wealthy - Rodrique/Sawhill, RCM
- A Growing Split On the Right About Taxes - Albert Hunt, Investor's Business
- Monetary Policy Staggers Global Growth - Richard Rahn, Washington Times
- Trolling for Trolls, Securing Capitalism's Future - David Oppenheimer, WS