<a><strong>Investors Digest Flash PMI and Earnings Reports</strong></a>

Yesterday’s positive momentum which saw major US indices gain 0.75% to 2.0% yesterday has faded overnight and a moderate correction appears to be underway this morning with US index futures down 0.25% to 0.45%. Despite positive economic news, European markets

Quadruple Witching Day and Flash PMI

US index futures are down again this morning with declines of 0.4% to 0.8% adding to Thursday’s US index losses of 2.2% to 3.2%. Investors still appear to be reeling from yesterday’s disappointing US national retail sales and industrial production

Stocks Keep Falling as Treasury Yields Keep Rising

The implications of stagflation (high inflation driving tighter monetary policy and a weakening economy) appear to be putting a squeeze and taking their toll on stocks, bonds and commodities again today. From the inflation/monetary side, this week’s series of interest