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Fed Leaves Rate Unchanged; Focus Shifts to Inflation

On Tuesday, the Federal Reserve left its benchmark interest rate unchanged and reiterated that interest rates would remain low for “an extended period”. In its statement, it also mentioned that inflation remains subdued, and that the weak employment situation seems to have stabilized.

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Votes:7
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Euro Falls on Profit-taking; Investor Focus Shifts to U.S. Economic Data

The U.S. Dollar is gaining back a little of yesterday’s loss in light, overnight trading. Volume continues to be down because of the week-long Chinese holiday celebration. Investors seem a little reluctant to take on risk ahead of today’s U.S. economic reports. Early in the session, traders will be focusing on U.S. Housing Starts and Industrial Production Reports.

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Stocks Ignore Bullish Economic Data; Turn Focus on Risk

U.S. stock indices had enough information in today’s bullish GDP report to mount a strong rally, but concerns about the debt crisis in Greece and a poor outlook for technology stocks led to a late session sell-off.

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Lack of Economic Reports Shifts Focus to the Dollar

The lack of economic reports today is shifting the focus by U.S. equity traders to the U.S. Dollar. The prospect of the Fed keeping interest rates low for a “prolonged period” of time is helping to boost stock prices overnight as investors continue to treat the Dollar as a carry currency.

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Investing and Golf: Optimism, Focus, and Education

Golfers will spend thousands on instruction, gadgets, machines, clinics, magazines, lessons, drivers, and putters. Investors love the gimmicks, shortcuts, and expert recommendations, but they seem allergic to anything really educational. They must see it as a sign of weakness.

Golfers should be better investors. Investors need to introduce themselves to some basic education.

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Votes:5
Views:203

Value Investing Strategy. Part 1

A new value investing strategy with both qualitative and quantitative metrics. Buffet's priceless investment advice as an analogy with my strategy.

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Volcom, Inc (NASDAQ:VLCM) research. Analysis from the point of view of a COMPLETE value investor.

Volcom, Inc research and analysis of its sustainable competitive advantage, strategy. DCF valuation + analysis of Return on Invested Capital (ROIC) and Weighted Average Cost of Capital (WACC). EVERY value investor should read it!

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