Monday, July 1, 2013

Q3 is Underway

From the opening bell in NY, and even before, in Asia and European hours, markets were choosing to ignore China's disappointing PMI data, and instead, celebrated the enthusiastic (relatively) Tankan survey in Japan, PMI numbers in Europe, and the calmer expectations about Fed tapering that has been taking hold here in recent days.  That said, the triple digit gains in the Dow that were sustained through most the day, gave way in the final hour, leaving the opening day of Q3 up 65 points.
We'll have more to say throughout the week as central bank meetings take place around the globe, and as US employment data hits the tape early Friday.  For now, we're posting some notables that have our attention....
On the radar screen...


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(Please note: This article is solely meant to be thought provoking and is not in any way meant to be personal investment advice. Each investor is obligated to opine and decide for themselves as to the appropriateness of anything said in this article to their unique financial profile, risk tolerances and portfolio goals).
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