{"id":6344,"date":"2012-10-15T17:11:09","date_gmt":"2012-10-15T21:11:09","guid":{"rendered":"http:\/\/www.pgm-blog.com\/?p=6344"},"modified":"2012-10-15T17:11:09","modified_gmt":"2012-10-15T21:11:09","slug":"market-update-7","status":"publish","type":"post","link":"https:\/\/www.pgmcapital.com\/nl\/market-update-7\/","title":{"rendered":"Market Update"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-6237\" title=\"market-update\" src=\"http:\/\/www.pgm-blog.com\/wp-content\/uploads\/2012\/10\/market-update.jpg\" alt=\"\" width=\"170\" height=\"190\" \/>Interesting markets today and last Friday. Friday the markets were having a big sell off on all sides. Today the equity markets recovered on some hopeful news, but a lot of commodities and precious metals were taking a nosedive and continued there sell off from last Friday.<\/p>\n<p>It is somehow interesting that the equity markets are up, while commodities are down big time. At the same time the talks of a global recession and US fiscal cliff are increasing and than some positive news like the rise of US retail sales dominate the market.<\/p>\n<p>There is a huge contradiction going on, with bears getting more bearish and bulls getting more bullish, which can mean that we are close to a major market direction change, but we might get much more clarity after the US election is over at the end of the year.<\/p>\n<p>In the mean time enjoy a couple of articles:<\/p>\n<ul>\n<li><a title=\"U.S. Stocks Rise as Retail Sales, Citigroup Top Estimates\" href=\"http:\/\/www.bloomberg.com\/news\/2012-10-15\/u-s-stock-futures-rise-before-retail-manufacturing-data.html\" target=\"_blank\">U.S. Stocks Rise as Retail Sales, Citigroup Top Estimates<\/a><\/li>\n<li><a title=\"Signs of Stabilization as China Exports Strengthen\" href=\"http:\/\/www.bloomberg.com\/video\/signs-of-stabilization-as-china-exports-strenghten-dWMjvPYpSUqrtpPnl~13lg.html\" target=\"_blank\">Signs of Stabilization as China Exports Strengthen<\/a><\/li>\n<li><a title=\"Fischer Backs Fed QE3 as World \u2018Awfully Close\u2019 to Recession\" href=\"http:\/\/www.bloomberg.com\/news\/2012-10-14\/fischer-backs-fed-s-qe3-as-world-is-awfully-close-to-recession.html\" target=\"_blank\">Fischer Backs Fed QE3 as World \u2018Awfully Close\u2019 to Recession<\/a><\/li>\n<li><a title=\"South African gold-mine talks with unions collapse\" href=\"http:\/\/www.marketwatch.com\/story\/south-african-gold-mine-talks-with-unions-collapse-2012-10-15\" target=\"_blank\">South African gold-mine talks with unions collapse<\/a><\/li>\n<li><a title=\"The Future of America Is Japan: Runaway Deficits, Runaway Debts\" href=\"http:\/\/www.zerohedge.com\/news\/2012-10-15\/guest-post-future-america-japan-runaway-deficits-runaway-debts\" target=\"_blank\">The Future of America Is Japan: Runaway Deficits, Runaway Debts<\/a><\/li>\n<li><a title=\"Fox News poll confirms: Inflation #1 concern among registered voters\" href=\"http:\/\/www.youtube.com\/watch?v=HrNmCZiVdYw\" target=\"_blank\">Fox News poll confirms: Inflation #1 concern among registered voters<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Interesting markets today and last Friday. Friday the markets were having a big sell off on all sides. Today the equity markets recovered on some hopeful news, but a lot of commodities and precious metals were taking a nosedive and continued there sell off from last Friday. It is somehow interesting that the equity markets<a href=\"https:\/\/www.pgmcapital.com\/nl\/market-update-7\/\">[&#8230;]<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34,19,30,1],"tags":[],"class_list":["post-6344","post","type-post","status-publish","format-standard","hentry","category-daily-market-update","category-financial-news","category-michael-panneflek","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/posts\/6344","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/comments?post=6344"}],"version-history":[{"count":0,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/posts\/6344\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/media?parent=6344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/categories?post=6344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/tags?post=6344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}