Intraday Market Thoughts

First Back to Back since Summer 2010 & Latest Intermarket insights

by Ashraf Laidi
Jun 13, 2012 19:35

What does it mean when US retail sales posting their first back-to-back monthly decline since May-June 2010 -- a period coinciding with surging euro fears, which led to a temporary low in the single currency until markets rebounded on anticipation of QE2 by the Fed and which in turn materialized in Nov of that year? With receding inflation and renewed weakness in employment growth, the FOMC should reiterate its readiness to deliver further easing measures, rather than begin a new set of Operation Twist at next weeks FOMC meeting. Find out in tonights Intermarket Insights whether we are maintaining our risk-on bias. Direct subscribers access is found here: Non subscribers click here:



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