Saturday, August 25, 2012

Weekend Edition News

  • Bonds have had a good run 
  • Samsung ordered to pay 1bn in damages to apple. In this week's news regarding Armstrong and Samsung, whether you like the rules or not, they were broken.
  • ECB bond purchase talks... again, this time ECB will buy from banks in a pre-determined range for bond yields
  • July Durable Goods 4.2% vs 1.9%, and good housing data.
  • Iron ore prices are a proxy for global market demand for commodities - and it's tanking, pretty hard 
  • Keep an eye on gold next week as we have the Fed meeting.