Investment Markets Overview – w/e 13 Nov 2013

The White House nominee to run the most powerful central bank in the World, after Uncle Ben retires next January, appeared before the Senate Banking Committee this week. Janet Yellen, aged 67, is the current Vice Chair and has served at the Federal Reserve in different roles over the past 36 years. The banking committee, consisting of 12 Democrats and 10 Republicans, plan to vote on Yellen’s nomination as early as next week, according to an aide, when her nomination would move to the full Senate, where she’ll need the support of at least 60 senators to win confirmation. She certainly told the committee and investors’ what they wanted to hear, firm in her commitment to continue the current Fed’s extraordinary stimulus measures, rejecting the notion of any asset bubbles as a consequence of them and stating there is “no set time” for tapering to begin.  

131115_chart

Subscribe to the Full Investment Markets Overview Newsletter which contains the following additional commentaries:-   

  • US economic data . . .

  • Euro-Zone   . . .

  • The UK . . .

  • Out East   . . .

  • The $US index  . . .

  • Within the commodities complex  . . .

  • Economic data due next week includes  . . .

  • Returning to Ms Yellen’s hearing, she defended the asset purchase programme    . . .
     

  • Charts:-
    1. Indices Weekly
    2. Mort Pay’t Based on Avg New Home Price and Avg 30Y Mort Rate vs Mort Pay’t as a % of Avg Pers Inc
    3. UK Unemployment vs UK Retail Sales vs UK CPI Y on Y
    4. Japan Annualised Economic Growth vs Japan Consumer Confidence
    5. Commodity 1 Week Moves

 

  • Table:-

13 Indices, 11 columns of detailed information, for accurate analysis

“Humans see what they want to see” 

Click  HERE to view Details of the full version of this Newsletter

which includes full text and detailed Charts for each section

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